24-Unit Motel with Manager's
For Sale
$1,200,000
1420 4th Street, Eureka, CA 95501
Operating motel includes a manager’s unit with full kitchen and laundry.
Property Size7,688 SF
Lot Size0.45 Acres
Days on Market59
Property Features for 1420 4th Street
General Information
Standard status
Active
Size
7,688 SF
Lot size
0.45 Acres
Property subtype
Hospitality
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
laundry
Building Details
Building Size
7,688 SF
Year Built
1913
Tenancy
Multi
Listing Agency:
C.B. COMMERCIAL PACIFIC PARTNERS REAL ESTATE
Listed By:
Jb Mathers · License #01872025
(707) 442-2222
Source:
Cbcworldwide
Added: Aug 8
Changed: Sep 6
Last Checked: Oct 5 at 3:11PM
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 C.B. COMMERCIAL PACIFIC PARTNERS REAL ESTATE
Investment Insights
Based on property information with market context.
This hospitality property contains 24 motel units along with a separate three-bedroom manager’s residence. The manager’s unit includes a full kitchen and laundry. The property size is 7,688 square feet and the site encompasses 19,656 square feet.
Located at 1420 4th Street in Eureka, the property fronts southbound Highway 101 with stated visibility, access, and exposure. Old Town and Downtown are nearby. Continued motel use is possible, while conversion to long-term rentals may also be considered subject to approvals. The city may consider vacating an adjacent portion of Myrtle Avenue, which could affect future development plans.
Located at 1420 4th Street in Eureka, the property fronts southbound Highway 101 with stated visibility, access, and exposure. Old Town and Downtown are nearby. Continued motel use is possible, while conversion to long-term rentals may also be considered subject to approvals. The city may consider vacating an adjacent portion of Myrtle Avenue, which could affect future development plans.
Key Highlights
- 24 motel units on a 19,656 SF parcel
- Three‑bedroom manager’s unit with full kitchen and laundry
- 7,688‑square‑foot property along southbound Highway 101
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,560
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,200
$931.2K
Cap Rate 7%
$665,143
$665.1K
Cap Rate 9%
$517,333
$517.3K
Market Conditions
NOI Build-Up for 7,688 SF
Gross rent
$115.3K $15.00/SF
− Vacancy
−$17.3K −$2.25/SF
EGI
$98.0K $12.75/SF
− OpEx
−$51.5K −$6.69/SF
NOI
$46.6K $6.06/SF
Area
Humboldt County, CA
Vacancy
15.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,200
Cap Rate 7%
$665,143
Cap Rate 9%
$517,333
Alternative Uses
Best Use
Hotel Hospitality
$665.1K
$582.0K – $776.0K
NOI $46,560 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.90M
$2.54M – $3.39M
NOI $203,232 @ 7.0% cap · market cap 16.94%
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
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,774
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95501, CA
23,323
Population
10,577
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,195
Density / Sq Mi
$55,076
Median Household Income
$34,476
Median Earnings
$1,151
Median Rent
$389,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Eureka Inn Trademark By Wyndham — 518 7th St, Eureka, CA 95501
- Bustop — 25 4th St, Eureka, CA 95501
- Travelodge by Wyndham Eureka — 4 4th St, Eureka, CA 95501
- Days Inn by Wyndham Eureka CA — 270 5th St, Eureka, CA 95501
- Carter Properties — 427 F St, Eureka, CA 95501
Frequently Asked Questions
What type of property is this?
Motel - Operating motel includes a manager’s unit with full kitchen and laundry.
Where is this motel located?
The property is located at 1420 4th Street Eureka, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 24 motel units on a 19,656 SF parcel; Three‑bedroom manager’s unit with full kitchen and laundry; 7,688‑square‑foot property along southbound Highway 101
