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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: 9/07/2022

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.

More Information MLS# 261845

Listing Information

Status: Sold List Date: 2022-05-16 List Price: $679,000 Current Price: $679,000 Sold Date: 2022-08-31 Sold Price: $679,000 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 Size: City Lot Dimensions: 75 x 125 Lot Acres: 0.2 Appearance: Good List Price/SqFt: 113.17 Sold Price/SqFt: 113.17

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 APN: 5-13-7

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Total Units By Type

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

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
Office Phone: 707-268-0442
Office Email: office@jcrehumboldt.com
Listing Agent: Peter Martin
Agent Phone: 707-496-4478
Agent Email: peter@pem-re.com
Last Updated: September - 07 - 2022
815 G Street, Eureka, CA 95501- MLS# 261845
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.