815 G Street, Eureka, CA 95501 (MLS# 261845)


$679,000
815 G Street
Eureka, CA 95501
MLS# 261845
Status: Sold
6000 sqft


815 G Street, Eureka, CA 95501
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Property Description
Incredible investment opportunity with a Cap Rate of 8.29%! Beautiful, historic 8-unit complex very close to old-town, shops and bus lines. Alley access. Many long term tenants. Units rent easily when they come up. On-site coin-laundry. Three units have their own entrance. Six parking spaces in the alley and plenty of street parking. Roof is approximately 10 years old. Square footage and lot size are approximate. Buyer should confirm. Owner is a CA real estate broker. Buyer to cooperate with seller's 1031 exchange at no cost to buyer. See financials and current rent roll in documents.

Details
Listing Information
Status: Sold
List Date: 2022-05-16
List Price: $679,000
Current Price: $679,000
Sold Date: 2022-08-31
Sold Price: $679,000
Concession Remarks: Repair concession $12,500.
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 3 Story
Garage Type: None
Lot Size: City
Lot Dimensions: 75 x 125
Lot Acres: 0.2
Appearance: Good
List Price/SqFt: 113.17
Sold Price/SqFt: 113.17
Building Description
Main House SqFt: 6000
Total Units: 8
Year Built: 1900
Location, Legal and Taxes
Area: South Bay
House Number: 815
Street Name: G
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: 8
APN: 5-13-7
RV Parking
Room for RV Parking: No
Miscellaneous
Sidewalk: Yes
Total Units By Type
# Studio Units: 3
# 1 Bedroom Units: 2
# 2 Bedroom Units: 1
# 3 Bedroom Units: 1
# Full Baths: 8
Property Features
View: City Lights
Zoning: Multi-Family
Possession: At Close of Escrow
Levels: 3 or more Stories
Parking: 1 - 10 Spaces
Laundry: Coin Op
Siding: Wood
Roof: Composition Shingle
Insulation: Unknown
Construction: Wood Frame
Driveway: Asphalt
Water: Public
Sewer: Public
Lot Description: City Lights View; Flat; In Town; Near Shopping; Open
Road: Public
Flooring: Carpeted; Laminate; Vinyl
Financing Terms: Cash; Conventional
Documents: Form (BPPP); Form PEAD-V Prop Entry Advisory & Decl; Form PRE (Posted Rules for Entry); Other - Public

Listing Office: Jacoby Creek Real Estate

Office Phone: 707-268-0442

Office Email: office@jcrehumboldt.com

Listing Agent: Peter Martin

Agent Phone: 707-496-4478

Agent Email: peter@pem-re.com

Last Updated: September - 07 - 2022

815 G Street, Eureka, CA 95501 - MLS# 261845
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: 707-496-4478