2875 Pigeon Point Road, Eureka, CA 95503 - Multi Family Home

$ 975,000 On the Market Save to FavoritesSaved      

Description:

Great investment opportunity to own this 10 unit complex in desirable area of Pigeon Point, just minutes from Eureka. Good long term tenant history. New common area wiring in September, 2017 New Septic System and new paint in November 2017. Current owner upgraded every unit when turning over. Annual gross income is 100,500

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Quick Facts

Total Rooms:
10
Area:
9238 sq ft
Style:
2 Story
Condition:
Excellent
Year Built:
1955
Lot Size:
1.17 acres
Garage:
None
Est. Payment:
$3952 / month
(20% down, 30 years @ 4.5%)
Asking Price:
$ 975,000
Days on Market:
12
Listing Office:
Na Sun, Broker

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    Exterior Features:

  • Style: 2 Story
  • Condition: Excellent
  • Garage: None, 0
  • Location Features:

  • Gated Entry: No
  • Walk Score®: 10 Car-Dependent - Almost all errands require a car
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Neighborhood details for 2875 Pigeon Point Road, Eureka, CA 95503

HousingNear HereZip CodeCity
Total Households5611033820270
Median Age of Home196319641958
Median Property Value$442,609$316,499$309,738
Homes Owner Occupied76.6%64.28%52.21%
Homes Rented23.4%35.72%47.79%
Homes Vacant5.53%5.74%6.11%
Median Rent$1,296$ 866$ 775
Crime Risk (national avg is 100)Near HereZip CodeCity
Overall Crime Risk124127137
Murder Risk121132142
Assault Risk116116123
Burglary Risk85127144
Vehicle Theft Risk67137158
PeopleNear HereZip CodeCity
Population11942373846207
Male50.42%50.06%51.12%
Female49.58%49.94%48.88%
Median Age51.342.139.6
People Per Household2.562.592.5
Households with Children68.3%62.28%56.66%
Median Household Income$75,000$51,444$44,901
EducationNear HereZip CodeCity
Some High School2.17%8.75%9.44%
High School11.69%23.79%25.2%
Associate Degree7.03%9.54%9.05%
Bachelors Degree28.65%15.13%14.92%
Masters Degree8.38%4.14%4.53%
Graduate Degree11.27%7.02%6.94%
Professional Degree2.59%1.94%1.52%
Doctorate Degree0.31%0.94%0.89%
CommutingNear HereZip CodeCity
Average commute time18 minutes16 minutes16 minutes
Travel by Car88.85%89.68%86.85%
Travel by Public Transportation1.33%0.69%0.87%
Travel by Walking1.5%1.58%4.35%
Travel by Other0.0%1.57%1.3%
Work from Home8.32%4.71%4.27%
WeatherNear HereZip CodeCity
Average Annual temperature53 degrees53 degrees53 degrees
Average Annual minimum44 degrees44 degrees44 degrees
Average Annual maximum62 degrees61 degrees61 degrees
January Average Low38 degrees38 degrees38 degrees
July Average High70 degrees68 degrees68 degrees
Sunny Days per Year186 days186 days186 days
Partly Clear Days per Year78 days78 days78 days
Cloudy Days per Year7 days7 days7 days
Rainy Days per Year117 days117 days117 days
Snowy Days per Year0 days0 days0 days
Annual Rainfall51 in.49 in.48 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereZip CodeCity
Pollution Index989898
Earthquake Index735735725
Wind Index000
Hurricane Index000
Tornado Index665
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 08/21/2019. 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 or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2018 Humboldt Association of Realtors®. All rights reserved.