$1,550,000
Fortuna, CA 95540
MLS# 266824
19 beds | 9.5 baths | 8350 sqft
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Property Description
This 2.98-acre property in Fortuna, California, presents a unique income-producing opportunity. West End Place features 8 single-family homes, each with its own private backyard. The property also includes over an acre of vacant land, offering potential for future development. Situated in a rural, courtlike setting, this income-producing asset is conveniently located close to the town of Fortuna, while also boasting a private airport nearby. All 8 units are currently occupied, providing a stable rental income stream for the new owner.
Details
Listing Information
Status: Active
List Date: 2024-05-14
List Price: $1,550,000
Current Price: $1,550,000
Property Description
Type of Property: Residential
Realtor.com Type: Residential - Single Family
Lot Size: 2 - 2.99 Acres
Lot Dimensions: Irregular
Lot Acres: 2.98
Appearance: Good
Gar Stls: 5
Garage Type: Attached
Accessory Dwelling Unit: No
List Price/SqFt: 185.63
House Description
Year Built: 1952
Bedrooms: 19
Baths: 9.5
Total Rooms: 22
Main House SqFt: 8350
Location, Legal and Taxes
Area: Mid County
House Number: 2162-2171
Street Name: West End
Street Suffix: Place
Sub-Area: Fortuna
State: CA
Zip Code: 95540
Cross Street: Airport
School District: Fortuna
APN: 203-201-024
Directions and Remarks
Directions: Drake Hill Road to Airport Road. Left at West End Place
Schools
Elementary School: Toddy Thomas
Middle School: Fortuna
High School: Fortuna
RV Parking
Room for RV Parking: Yes
# of Baths per Level
Full Baths Main: 9
Half Baths Main: 1
Property Features
View: Pasture
Zoning: Multi-Family
Fenced: Partial
Possession: At Close of Escrow
Levels: One Story
Siding: Wood
Foundation: Concrete Perimeter
Construction: Wood Frame
Roof: Composition Shingle; Metal; Other
Insulation: Dual Pane Window; Partially Insulated
Driveway: Asphalt
Road: Paved; Private
Lot Description: Flat; Hills View; Open; Pasture/Field; Sloping
Heating: Natural Gas; Wall
Water: Public
Sewer: Private
Utilities: Circuit Breaker; Electric
Kitchen: Range; Refrig
Laundry: 220; Dryer Hookup; Washer Hookup
Flooring: Laminate; Tile; Vinyl
Financing Terms: Cash; Conventional
Supplements
This property's combination of existing income-generating units, development potential, and desirable rural location make it an attractive investment opportunity for those seeking a diversified real estate portfolio or an expansion of their rental property holdings.
Listing Office: EXP Realty of California, Inc.
Last Updated: September - 02 - 2024
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.
Broker Attribution:
707-498-5008
