$1,500,000
12840 Avenue Of The Giants Avenue
Myers Flat, CA 95554
MLS# 259335
15434 sqft


12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554
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12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 Eel River nearby Post Office Post Office Post Office Coin-Op Laundry Room

Property Description
Excellent Investment Opportunity on the scenic & highly traveled Avenue of the Giants! This is a unique one of a kind property featuring 19 apartment units and 2 highly visible commercial spaces, one of which is the Myers Flat Post Office. With direct access to Hwy 101 and the Avenue of the Giants, the location is convenient to tourists & locals alike. A near zero vacancy rate and many long term tenants has made this property a money maker for decades. Owners have recently upgraded the electrical and propane services so that ALL units are separately metered and has installed metal roofing on almost all of the units. In addition, this property is home to one of the only Redwood Log Chapels in the area. Call today for your exclusive showing!

Details
Maps
Listing Information
Status: Active
List Date: 2021-06-14
List Price: $1,500,000
Current Price: $1,500,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: Over 10 Units
Garage Type: None
Lot Size: 1 - 1.99 Acres
Lot Dimensions: 15434
Lot Acres: 1
Appearance: Good
Building Description
Main House SqFt: 15434
Historic Registry: No
Gated Entry: No
Total Units: 21
Year Built: 1960
Location, Legal and Taxes
Area: South County
House Number: 12840
Street Name: Avenue Of The Giants
Street Suffix: Avenue
Sub-Area: Myers Flat
State: CA
Zip Code: 95554
Cross Street: Highway 101
School District: Southern Humboldt
APN: 081-032-015
Directions and Remarks
Directions: Highway 101 exit take first left and proceed to property on the right.
Schools
Elementary School: Weott
High School: South Fork
RV Parking
Room for RV Parking: Yes
Miscellaneous
Privacy: No
Sidewalk: No
Total Units By Type
# Studio Units: 3
# 1 Bedroom Units: 14
# 2 Bedroom Units: 2
# Full Baths: 21
# of Half Baths: 2
GRM: 15058
Annual Gross Income: 180696
Annual Expenses: 7740
Property Features
View: Hills
Fenced: Partial
Zoning: Multi-Family; Commercial; Other
Possession: At Close of Escrow
Levels: One Story
Parking: 21 or More Spaces; On Site; Paved
Laundry: Coin Op
Siding: Wood
Roof: Composition Shingle; Metal
Insulation: Ceiling; Wall
Heating: Propane
Construction: Wood Frame
Driveway: Asphalt
Water: Public
Sewer: Private
Lot Description: In Town
Road: Paved; Public
Financing Terms: Cash; Conventional

Last Updated: August - 28 - 2021

12840 Avenue Of The Giants Avenue, Myers Flat, CA 95554 - MLS# 259335

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.

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