511 & J Street, Arcata, CA 95521 - Multi Family Home

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Description:

Excellent investment opportunity with 2 homes, a cottage and a warehouse / shop located on 2 parcels. Located in downtown and walking distance to the Arcata Plaza, shopping center and lots of other services. Gross income is estimated at $5,300/month. 511 J Street has unit A (2 bedroom, 1 bath @ $1,020/month) and unit B (1 bedroom, 1 bath @ $785/month); 581 J Street is a cottage @ $875/month (1 bedroom and loft); 1009 6th Street is a 4-bedroom home @ $2,120/month; and the shop / warehouse (proforma @ $500/month) in-between could potentially be an additional residential unit(s) or used as a warehouse. **Owner will carry back the paper for a strong buyer and good downpayment. **Buyer should verify / confirm building square footages.

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Quick Facts

Total Rooms:
5
Area:
4586 sq ft
Style:
5-10 Units
Condition:
Good
Year Built:
1913
Lot Size:
0.26 acres
Garage:
None
Est. Payment:
$3547 / month
(20% down, 30 years @ 4.5%)
Asking Price:
Pending
Days on Market:
56
Listing Office:
C.B. Commercial Pacific Partners Real Estate

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    Exterior Features:

  • Style: 5-10 Units
  • Condition: Good
  • Garage: None, 0
  • Walk Score®: 0 Car-Dependent - Almost all errands require a car
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
Coming Soon.


Neighborhood details for 511 & J Street, Arcata, CA 95521 - Neighborhood: Downtown / Uniontown

HousingNear HereNeighborhoodZip Code
Total Households6963569099
Median Age of Home196619691969
Median Property Value$342,857$350,295$339,963
Homes Owner Occupied15.43%16.6%37.85%
Homes Rented84.57%83.4%62.15%
Homes Vacant5.03%4.84%4.73%
Median Rent$ 929$ 857$ 877
Crime Risk (national avg is 100)Near HereNeighborhoodZip Code
Overall Crime Risk135131110
Murder Risk175171148
Assault Risk1129886
Burglary Risk198186166
Vehicle Theft Risk178165148
PeopleNear HereNeighborhoodZip Code
Population139669120336
Male56.09%54.42%50.96%
Female43.91%45.58%49.04%
Median Age28.127.831.8
People Per Household2.232.192.41
Households with Children25.87%26.88%40.29%
Median Household Income$36,250$31,004$40,506
EducationNear HereNeighborhoodZip Code
Some High School4.38%5.2%7.74%
High School19.37%19.69%16.38%
Associate Degree7.67%9.1%6.76%
Bachelors Degree25.7%23.78%24.26%
Masters Degree6.09%5.98%8.34%
Graduate Degree7.67%9.01%14.05%
Professional Degree0.0%0.47%2.2%
Doctorate Degree1.58%2.56%3.51%
CommutingNear HereNeighborhoodZip Code
Average commute time11 minutes13 minutes16 minutes
Travel by Car59.01%66.16%73.07%
Travel by Public Transportation0.0%0.0%0.68%
Travel by Walking19.72%14.66%11.51%
Travel by Other0.0%0.0%0.0%
Work from Home18.94%11.73%4.8%
WeatherNear HereNeighborhoodZip Code
Average Annual temperature52 degrees52 degrees53 degrees
Average Annual minimum45 degrees45 degrees43 degrees
Average Annual maximum59 degrees59 degrees61 degrees
January Average Low39 degrees39 degrees36 degrees
July Average High63 degrees63 degrees72 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 Rainfall41 in.42 in.68 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereNeighborhoodZip Code
Pollution Index100100100
Earthquake Index641641641
Wind Index222
Hurricane Index000
Tornado Index888
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 11/19/2019. 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.