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815 G Street, Eureka, CA 95501

$679,000
Property Type: Multi-Family Square Footage: 6,000 Lot Size (sq. ft.): 8,712 Status: Sold
Current Price: $679,000 List Date: 5/16/2022 Last Modified: 9/07/2024

Overview

Description

Incredible investment opportunity with a Cap Rate of 8.29%! Beautiful, historic 8-unit complex very close to old-town, shops and bus lines. Alley access. Many long term tenants. Units rent easily when they come up. On-site coin-laundry. Three units have their own entrance. Six parking spaces in the alley and plenty of street parking. Roof is approximately 10 years old. Square footage and lot size are approximate. Buyer should confirm. Owner is a CA real estate broker. Buyer to cooperate with seller's 1031 exchange at no cost to buyer. See financials and current rent roll in documents.

Listing Details MLS# 261845

Listing Information

Pended Date
2022-06-30
Sold Date
2022-08-31
Concession Remarks
Repair concession $12,500.

Property Description

Type of Property
Multi-Family
Realtor.com Type
Multi Family
Style
3 Story
Garage Type
None
Lot Dimensions
75 x 125
Lot Acres
0.2
Appearance
Good
List Price/SqFt
113.17
Sold Price/SqFt
113.17
Gar Stls
0

Building Description

Main House SqFt
6000
Total Units
8
Year Built
1900

Location Legal and Taxes

Area
South Bay
House Number
815
Street Name
G
Street Suffix
Street
Sub-Area
Eureka
State
CA
Zip Code
95501
Cross Street
8

RV Parking

Room for RV Parking
No

Miscellaneous

Sidewalk
Yes

More Information

Total Units By Type

# Studio Units
3
# 1 Bedroom Units
2
# 2 Bedroom Units
Yes
# 3 Bedroom Units
Yes
# Full Baths
8

Location, Legal and Taxes

APN
5-13-7

Zoning

Multi-Family
Yes

Possession

At Close of Escrow
Yes

View

City Lights
Yes

Lot Description

City Lights View
Yes
Flat
Yes
In Town
Yes
Near Shopping
Yes
Open
Yes

Levels

3 or more Stories
Yes

Siding

Wood
Yes

Construction

Wood Frame
Yes

Road

Public
Yes

Roof

Composition Shingle
Yes

Insulation

Unknown
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Driveway

Asphalt
Yes

Parking

1 - 10 Spaces
Yes

Water

Public
Yes

Sewer

Public
Yes

Laundry

Coin Op
Yes

Flooring

Carpeted
Yes
Laminate
Yes
Vinyl
Yes

Documents

Form (BPPP)
Yes
Form PEAD-V Prop Entry Advisory & Decl
Yes
Form PRE (Posted Rules for Entry)
Yes
Other - Public
Yes

Property Features

View: City Lights Zoning: Multi-Family Possession: At Close of Escrow Levels: 3 or more Stories Parking: 1 - 10 Spaces Laundry: Coin Op Siding: Wood Roof: Composition Shingle Insulation: Unknown Construction: Wood Frame Driveway: Asphalt Water: Public Sewer: Public Lot Description: City Lights View; Flat; In Town; Near Shopping; Open Road: Public Flooring: Carpeted; Laminate; Vinyl Financing Terms: Cash; Conventional Documents: Form (BPPP); Form PEAD-V Prop Entry Advisory & Decl; Form PRE (Posted Rules for Entry); Other - Public
Listing Office: Jacoby Creek Real Estate
IDX
Last Updated: September - 07 - 2024
Broker Attribution: 707-496-4478

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.