8-Unit Apartment
1165 H Street, Arcata, CA 95521
For Sale
$1,650,000
Multi-Family, Arcata, CA
Property Size7,921 SF
Lot Size0.15 Acres
Price / SF$208.31
Days on Market139
Property Features for 1165 H Street
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Lot features
High school
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Amenities
private balcony
coin-op laundry
washer/dryer hookups
Building Details
Year built
Floors in Building
Number of units
Roof type
Buildings
Listing Agency:
Coldwell Banker Sellers Realty · Coldwell Banker Real Estate
(707) 822-4337
Listed By:
Belia Stephens · License CA #02191038
(707) 476-0678
Added: Jun 25
Changed: Oct 27
Last Checked: Nov 10 at 10:06PM
MLS# 272692
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.
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Investment Insights
Based on property information with market context.
Built in 1995, this 7,921-square-foot apartment property contains eight two-bedroom, one-bathroom residences. Each unit has a private garage and balcony. Coin-operated laundry is available on site, and four garages have washer and dryer hookups. The building occupies 0.15 acres and is zoned Multi-Family. Wall furnaces provide natural gas heat. The roof and hot water heaters are new, and the property has also received recent repairs.
The property is a few blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. Some apartments offer bay views.
The property is a few blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. Some apartments offer bay views.
Key Highlights
- Eight units, each with two bedrooms and one bathroom
- 7,921‑square‑foot building on a 0.15‑acre parcel
- Private garage and balcony for every apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,321
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,420
$1.9M
Cap Rate 7%
$1,347,443
$1.3M
Cap Rate 9%
$1,048,011
$1.0M
Market Conditions
NOI Build-Up for 7,921 SF
Gross rent
$184.4K $23.28/SF
− Vacancy
−$12.9K −$1.63/SF
EGI
$171.5K $21.65/SF
− OpEx
−$77.2K −$9.74/SF
NOI
$94.3K $11.91/SF
Area
Humboldt County, CA
Vacancy
7.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,420
Cap Rate 7%
$1,347,443
Cap Rate 9%
$1,048,011
Alternative Uses
Best Use
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,321 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.99M
$2.62M – $3.49M
NOI $209,391 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
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Business Placement
Demographics for 95521, CA
21,581
Population
9,797
Households
2.2
Avg Household Size
30
Median Age
45%
College-Educated
95%
High-School Grad
60.4 sq mi
ZIP Area
357
Density / Sq Mi
$54,324
Median Household Income
$24,129
Median Earnings
$1,300
Median Rent
$478,600
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Humboldt County, CA
Properties on Market for Apartment buildings in Humboldt County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence includes a private garage and balcony, with on-site coin-operated laundry serving the building.
Where is this apartment building located?
The property is located at 1165 H Street Arcata, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Eight units, each with two bedrooms and one bathroom; 7,921‑square‑foot building on a 0.15‑acre parcel; Private garage and balcony for every apartment
