Mixed-Unit Apartment Income
For Sale
$550,000
709 Lane St, Yreka, CA 96097
Five residential units are configured as three single-family homes and a duplex, with on-site laundry hookups.
Property Size3,200 SF
Days on Market129
Property Features for 709 Lane St
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Investment
Additional Details
Highway Access
Yes
Multifamily Units
5
Amenities
on-site laundry facilities
Building Details
Building Size
3,200 SF
Year Built
1980
Units
5
Tenancy
Multi
Listing Agency:
Sunshine Realty
Listed By:
Lenita Ramos · License #02010602
(530) 340-8467
Source:
Elliman
Added: Jun 1
Changed: Oct 5
Last Checked: Oct 5 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunshine Realty
Investment Insights
Based on property information with market context.
This 5-unit income property includes three single-family homes, each with 2 bedrooms and 1 bathroom, plus a duplex with two 1-bedroom, 1-bath units. Several units have been remodeled, providing a mix of updated interiors alongside remaining original spaces. The property also includes on-site laundry facilities via tenant laundry hookups.
The property is centrally located near shopping, schools, restaurants, and services, with easy access to Interstate 5. Addressed at 709 Lane St in Yreka, California.
The current configuration offers multiple unit types within one building, combining single-family style units with two separate 1-bedroom units in the duplex.
The property is centrally located near shopping, schools, restaurants, and services, with easy access to Interstate 5. Addressed at 709 Lane St in Yreka, California.
The current configuration offers multiple unit types within one building, combining single-family style units with two separate 1-bedroom units in the duplex.
Key Highlights
- 5‑unit residential income property in Yreka, CA: three single‑family homes plus a duplex
- Unit mix includes 2‑bedroom, 1‑bath single‑family homes and two 1‑bedroom, 1‑bath duplex units
- Several units have been remodeled for an updated living‑space mix
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,220
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,400
$524.4K
Cap Rate 7%
$374,571
$374.6K
Cap Rate 9%
$291,333
$291.3K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$49.9K $15.60/SF
− Vacancy
−$2.2K −$0.70/SF
EGI
$47.7K $14.90/SF
− OpEx
−$21.5K −$6.70/SF
NOI
$26.2K $8.19/SF
Area
Siskiyou County, CA
Vacancy
4.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,400
Cap Rate 7%
$374,571
Cap Rate 9%
$291,333
Alternative Uses
Best Use
Apartment 5plus
$374.6K
$327.8K – $437.0K
NOI $26,220 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$941.3K
$823.7K – $1.10M
NOI $65,894 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
Explore this area
Business Placement
Demographics for 96097, CA
10,131
Population
4,737
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
91%
High-School Grad
181.7 sq mi
ZIP Area
56
Density / Sq Mi
$47,105
Median Household Income
$36,325
Median Earnings
$984
Median Rent
$256,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units are configured as three single-family homes and a duplex, with on-site laundry hookups.
Where is this apartment building located?
The property is located at 709 Lane St Yreka, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5‑unit residential income property in Yreka, CA: three single‑family homes plus a duplex; Unit mix includes 2‑bedroom, 1‑bath single‑family homes and two 1‑bedroom, 1‑bath duplex units; Several units have been remodeled for an updated living‑space mix
