Arcata Multi-Family Income
757 Park Avenue Arcata, CA 95521
757 Park Avenue, Arcata, CA, 95521
$725,000
For Sale
$725,000
MULTI_FAMILY - Other - Arcata, CA
Property Size2,056 SF
Lot Size0.22 Acres
Price / SF$352.63
Days on Market96
Property Features for 757 Park Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Standard status
- Active
- Size
- 2,056 SF
- Lot size
- 0.22 Acres
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 2007
- Floors in Building
- 2
- Number of units
- 5
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Community Realty-Arcata
(707) 269-2400
639 6TH ST, Eureka, CA
Listed by
Tim Lorenzo · License #01769910
(707) 498-4100
Added: Apr 13 Checked: Jul 17 at 12:06 am
MLS# 272003
Listing URL
Copyright © 2026 Humboldt Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property offers the opportunity to acquire a residence with potential for additional income. It could be used to supplement monthly mortgage payments or serve as a mother-in-law unit or rental investment. The property is located near the town center and adjacent to the city's wooded walking trails. Situated in a desirable neighborhood, it is removed from traffic congestion. The lot size is 0.22 acres and the property size is 2056 square feet. The property is located in Arcata, CA with Multi-Family zoning.
Key Highlights
- Income potential with a rental or mother‑in‑law unit.
- Convenient location near town center.
- Adjacent to wooded walking trails.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.9k | $23.28 |
| − Vacancy | −$3.4k | −$1.63 |
| EGI | $44.5k | $21.65 |
| − OpEx | −$20.0k | −$9.74 |
| NOI | $24.5k | $11.91 |
2,056 SF · lease $23.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$349.7K
$306.0K – $408.0K
NOI $24,482 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$776.4K
$679.4K – $905.8K
NOI $54,350 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Income-generating property near town center and walking trails.
Where is this apartment building located?
The property is located at 757 Park Avenue Arcata, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Income potential with a rental or mother‑in‑law unit.; Convenient location near town center.; Adjacent to wooded walking trails.
