$600,000
Loleta, CA 95551
MLS# 264015
Status: Sold
4166 sqft
1 / 14
Property Description
9 units. $6580 gross monthly rents. Separately metered power and gas paid by tenants. Owner pays for garbage, water, sewer,and yard maintenance. Large parcel with south west pastoral valley views. Low income multifamily units in high demand. Low to no vacancy factor. Fair condition and priced accordingly. Property manager in place. Vacant unit #6 for easy showings. Great value added property as there is upside to remodel and rerent at higher amount. Most recent 6 month income and expense in documents. Appliances come with property. Rents to be prorated at close of escrow, deposits to be transferred to buyer. Commercial Loan Required. Buyer responsible for all due diligence. Parcel size and sqft per Humboldt County Assessor.
Details
Listing Information
Status: Sold
List Date: 2023-04-17
List Price: $585,000
Current Price: $600,000
Sold Date: 2023-12-21
Sold Price: $600,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 5-10 Units
Garage Type: None
Lot Size: .5 - .74 Acres
Lot Dimensions: 24829
Lot Acres: 0.64
Accessory Dwelling Unit: No
Appearance: Fair
List Price/SqFt: 140.42
Sold Price/SqFt: 144.02
Building Description
Main House SqFt: 4166
Total Units: 9
Year Built: 1936
Location, Legal and Taxes
Area: Mid County
House Number: 2721
Street Name: Eel River
Street Suffix: Drive
Sub-Area: Loleta
State: CA
Zip Code: 95551
Cross Street: Montgomery
APN: 309-141-004
Directions and Remarks
Directions: Hwy 101, Loleta offramp, down Loleta Dr, turn left on to Eel River Dr and Montgomery . Just before the old train trestle.
Schools
Elementary School: Loleta
High School: Fortuna
RV Parking
Room for RV Parking: Yes
Miscellaneous
Privacy: No
Timber: No
Surveyed: No
Sidewalk: No
Alley: No
Security Deposit: Yes
Total Units By Type
# Studio Units: 1
# 1 Bedroom Units: 6
# 2 Bedroom Units: 2
# Full Baths: 9
# of Heating Units: 9
# of Ranges: 9
# of Refrigerators: 9
# of Water Heaters: 9
Property Features
View: Panoramic; Pasture
Fenced: None
Zoning: Multi-Family
Possession: At Close of Escrow
Levels: One Story
Parking: 11 - 20 Spaces; On Site
Kitchen: Range; Refrig
Foundation: Post/Piers
Siding: Wood
Roof: Composition Shingle
Heating: Natural Gas; Wall
Construction: Wood Frame
Driveway: Asphalt
Water: Public
Sewer: Public
Lot Description: Flat; Pasture View
Utilities: Electric; Natural Gas; Separately Metered
Flooring: Carpeted; Plank; Tile; Vinyl
Financing Terms: Cash; Other - See Remarks
Listing Office: Humboldt Equity, Inc.
Office Phone: 707-682-8100
Office Email: matt@humboldtequity.com
Listing Agent: Matt Allen
Agent Phone: 707-498-3063
Agent Email: matt@humboldtequity.com
Last Updated: December - 21 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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:
Mattallen707@gmail.com
