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16 Church Eureka, CA 95501
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,668 sqft
Price per Sqft $187
MLS Listing ID ML81856368
Sold Date 01/11/22
Style French,Rustic
Bedrooms 4
Full Baths 4
Year Built 1983
Lot Size 4,000 Sqft
Property Description
Below-market rents of $640 on track to increase to market rents of $750/unit ($36,000/yr). Initial increase initiated for 9/1/2021. Built in 1983. Separately metered for gas/electric. Possible subdivision (check with City). Excellent rental history and same property manager since acquired. Well-maintained, low maintenance property and spacious private parking. Hip and rustic with wood beam ceilings, solid pine cabinets. Charming, bright French-style units with views. Individual, private yards with raised garden areas and patios. Walk to markets, shops, Old Town Eureka, the waterfront, the bus linenot to mention a few blocks to my favorite restaurant and wine bar, Brick & Fire. Halfway between Humboldt University and Community College. Proforma year is 2023. First time on the market in over 16 years.
Location
State CA
County Humboldt
Zoning Multi-Family
Rooms
Kitchen Cooktop - Electric, Hood Over Range, Oven Range - Electric, Refrigerator
Interior
Heating Electric
Cooling None
Flooring Carpet, Vinyl / Linoleum
Laundry Washer/Dryer - Some Units
Exterior
Exterior Feature Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Low Maintenance
Garage Common Parking Area, Guest / Visitor Parking, Parking Area, Unassigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
View City Lights
Roof Type Other
Building
Lot Description Grade - Level, Views
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 004-132-018
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Ramsin Jacob
Broker | Developer | Investor | NBA Player Agent | License ID: 02003060