551 W Hawthorne Street, Eureka, CA 95501 - Multi Family Home

$ 315,000 On the Market Save to FavoritesSaved

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Description:

Don't miss this exceptional investment opportunity in the heart of Eureka. This charming triplex boasts a strong rental history, ensuring reliable income. With a newer roof and a beautifully landscaped yard, tenants will feel right at home.The units include:**Unit 1:** A 1-bedroom, 1-bath with a kitchen.**Unit 2:** A studio with a bathroom and open kitchen.**Unit 3:** A separate building with 1 bedroom, 1 bath, and a kitchen.Situated in a convenient downtown neighborhood, the triplex is close to amenities and public transportation. It's 10 miles from Cal Poly Humboldt and 8 miles from College of the Redwoods. The seller offers to buy down the buyer's interest rate for one year, up to $2600. Don't miss this great investment property.

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Total Rooms:: 3
Area:: 1000 ^{sq ft}
Style:: Triplex
Condition:: Good
Year Built:: 1935
Lot Size:: 0.11 acres
Garage:: None
Est. Payment:: $1593 / month
(20% down, 30 years @ 6.5%)
Asking Price:: $ 315,000
Days on Market:: 62
Listing Office:: Community Realty /jw2
Listing Agent:: Brigitte Benson
Contact:: Ming Tree, Realtors
707-445-4500

Exterior Features:

Style: Triplex
Historic Registry: No
Condition: Good
Garage: None, 0

Location Features:

Gated Entry: Yes
Walk Score®: 75 Very Walkable - Most errands can be accomplished on foot
Transit Score®: 0 Minimal Transit - It is possible to get on a bus

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Neighborhood details for 551 W Hawthorne Street, Eureka, CA 95501 - Neighborhood: Fairfield

Housing	Near Here	Neighborhood	Zip Code
Total Households	308	2398	9932
Median Age of Home	1963	1952	1951
Median Property Value	$226,351	$282,928	$298,234
Homes Owner Occupied	32.16%	41.94%	39.65%
Homes Rented	67.84%	58.06%	60.35%
Homes Vacant	8.12%	5.69%	6.5%
Median Rent	$ 516	$ 699	$ 719
Crime Risk (national avg is 100)	Near Here	Neighborhood	Zip Code
Overall Crime Risk	175	152	148
Murder Risk	178	162	153
Assault Risk	165	126	130
Burglary Risk	189	166	162
Vehicle Theft Risk	198	190	180
People	Near Here	Neighborhood	Zip Code
Population	841	5730	22469
Male	51.72%	50.89%	52.23%
Female	48.28%	49.11%	47.77%
Median Age	30.8	35.0	37.0
People Per Household	2.93	2.59	2.4
Households with Children	66.43%	56.43%	50.76%
Median Household Income	$21,029	$38,266	$38,037
Education	Near Here	Neighborhood	Zip Code
Some High School	13.71%	11.62%	10.19%
High School	32.19%	22.93%	26.72%
Associate Degree	21.71%	9.02%	8.52%
Bachelors Degree	7.81%	14.8%	14.69%
Masters Degree	0.0%	6.13%	4.96%
Graduate Degree	11.81%	8.23%	6.86%
Professional Degree	11.81%	2.03%	1.07%
Doctorate Degree	0.0%	0.08%	0.84%
Commuting	Near Here	Neighborhood	Zip Code
Average commute time	18 minutes	16 minutes	15 minutes
Travel by Car	96.93%	83.26%	83.88%
Travel by Public Transportation	0.0%	1.25%	1.06%
Travel by Walking	0.0%	5.38%	7.27%
Travel by Other	0.0%	2.66%	1.02%
Work from Home	3.07%	3.52%	3.81%
Weather	Near Here	Neighborhood	Zip Code
Average Annual temperature	52 degrees	52 degrees	52 degrees
Average Annual minimum	44 degrees	45 degrees	45 degrees
Average Annual maximum	59 degrees	59 degrees	59 degrees
January Average Low	39 degrees	39 degrees	39 degrees
July Average High	63 degrees	63 degrees	62 degrees
Sunny Days per Year	186 days	186 days	186 days
Partly Clear Days per Year	78 days	78 days	78 days
Cloudy Days per Year	7 days	7 days	7 days
Rainy Days per Year	117 days	117 days	117 days
Snowy Days per Year	0 days	0 days	0 days
Annual Rainfall	41.0 in.	41.17 in.	40.74 in.
Annual Snowfall	0 in.	0 in.	0 in.
Environmental (national avg is 100)	Near Here	Neighborhood	Zip Code
Pollution Index	97	97	97
Earthquake Index	646	646	646
Wind Index	0	0	0
Hurricane Index	0	0	0
Tornado Index	1	1	1
Hail Index	0	0	0

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Based on information from the Humboldt Association of REALTORS®, as of 07/27/2024. 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 ©2024 Humboldt Association of Realtors®. All rights reserved.