511 & 513 J Street, Arcata, CA 95521
$840,000
Property Type:
Multi-Family
Square Footage:
4,586
Lot Size (sq. ft.):
11,326
Status:
Sold
Current Price:
$875,000
List Date:
9/03/2019
Last Modified:
12/19/2019
Description
Excellent investment opportunity with 2 homes, a cottage and a warehouse / shop located on 2 parcels. Located in downtown and walking distance to the Arcata Plaza, shopping center and lots of other services. Gross income is estimated at $5,300/month.
511 J Street has unit A (2 bedroom, 1 bath @ $1,020/month) and unit B (1 bedroom, 1 bath @ $785/month); 581 J Street is a cottage @ $875/month (1 bedroom and loft); 1009 6th Street is a 4-bedroom home @ $2,120/month; and the shop / warehouse (proforma @ $500/month) in-between could potentially be an additional residential unit(s) or used as a warehouse.
**Owner will carry back the paper for a strong buyer and good downpayment. **
Buyer should verify / confirm building square footages.
More Information MLS# 254844
Listing Information
Status: Sold
List Date: 2019-09-03
List Price: $875,000
Current Price: $840,000
Sold Date: 2019-12-06
Sold Price: $840,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 5-10 Units
Garage Type: None
Lot Size: City
Lot Dimensions: 50' X 115' + 50' X 115'
Lot Acres: 0.26
Appearance: Good
List Price/SqFt: 190.79
Sold Price/SqFt: 183.16
Building Description
Main House SqFt: 4586
Total Units: 5
Year Built: 1913
Location, Legal and Taxes
Area: North Bay
House Number: 511 & 513
Street Name: J
Street Suffix: Street
Sub-Area: Arcata
State: CA
Zip Code: 95521
Cross Street: 5th
APN: 021-167-04 & 05
Directions and Remarks
Directions: All units are located on J Street in-between 5th and 6th Streets.
Schools
High School: Arcata
RV Parking
Room for RV Parking: Yes
Miscellaneous
Sidewalk: Yes
Total Units By Type
# 1 Bedroom Units: 1
# 2 Bedroom Units: 2
# 3 Bedroom Units: 1
# Full Baths: 5
Annual Gross Income: 63600
Property Features
Fenced: Partial
Zoning: Single Family; Multi-Family; Coastal
Possession: At Close of Escrow
Levels: 2 Story
Parking: 1 - 10 Spaces; On Site
Water: Public
Sewer: Public
Lot Description: Corner; Flat; In Town; Near Shopping
Road: Paved; Sidewalks
Financing Terms: Cash; Conventional; Owner Carry 1st
Listing Office: C.B. Commercial Pacific Partners Real Estate
Office Phone: 707-442-2222
Office Email: pacificpartnerscommercial@gmail.com
Listing Agent: Scott Pesch
Agent Phone: 707-442-2222
Agent Email: pacificpartnerscommercial@gmail.com
Agent Website: www.pacificpartnerscommercial.com
Last Updated: December - 19 - 2019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
pacificpartnerscommercial@gmail.com
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.