$850,000
39 5th Street
Eureka, CA 95501
MLS# 258017
6920 sqft


39 5th Street, Eureka, CA 95501
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39 5th Street, Eureka, CA 95501 39 5th Street, Eureka, CA 95501 39 5th Street, Eureka, CA 95501 39 5th Street, Eureka, CA 95501 39 5th Street, Eureka, CA 95501 39 5th Street, Eureka, CA 95501

Property Description
Well diversified investment asset that could be sold to a business owner - user who may need office space near downtown Eureka. The property is also located within cannabis zone. There are two office units on the ground floor (1,720 sf + 1,475 sf), a separate 625 sf office that was originally a residence and can be easily converted back which is above the two-car garage and three (3) large 1-bedroom apartments upstairs. Current gross rental income with proforma rent is $6,775 per month with appx. $2,725 in proforma expenses. The office tenant (all units) will be relocating out of the property on February 1, 2021.

Details
Maps
Documents
Listing Information
Status: Active
List Date: 2020-12-18
List Price: $850,000
Current Price: $850,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: Other - Spec in Remarks
Gar Stls: 2
Garage Type: Attached
Lot Size: City
Lot Dimensions: Irregular
Lot Acres: 0.11
Appearance: Good
Building Description
Main House SqFt: 6920
Total Units: 7
Year Built: 1897
Location, Legal and Taxes
Area: South Bay
House Number: 39
Street Name: 5th
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: B Street
APN: 001-072-007
Directions and Remarks
Directions: Hwy. 101 Northbound / 5th Street and cross street is B Street.
RV Parking
Room for RV Parking: No
Miscellaneous
Sidewalk: Yes
Alley: Yes
Total Units By Type
# 1 Bedroom Units: 3
# Full Baths: 3
# of Heating Units: 2
# of Ranges: 3
# of Refrigerators: 3
Annual Gross Income: 81300
Annual Expenses: 32700
Property Features
Zoning: Commercial; Other
Possession: At Close of Escrow
Levels: 2 Story
Parking: 1 - 10 Spaces; Garage; On Site
Kitchen: Range; Refrig
Living: Large
Foundation: Slab
Laundry: Shared
Siding: Wood
Insulation: Unknown
Heating: Forced Air; Natural Gas; Wall
Construction: Wood Frame
Water: Public
Sewer: Public
Lot Description: Corner; In Town
Road: Paved; Public; Sidewalks
Financing Terms: Cash; Conventional

Last Updated: May - 04 - 2021

39 5th Street, Eureka, CA 95501 - MLS# 258017

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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