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    Three-Unit Income Triplex Title is generated by Realmo AI

    1448 Railroad Drive, McKinleyville, CA 95519

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    For Sale
    $574,000

    MULTI_FAMILY - Other - McKinleyville, CA

    Property size:
    2,448 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $234/SF
    Added:
    Jul 6, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 7 at 8:06 am

    Property Features for 1448 Railroad Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    Size
    2,448 SF
    Lot size
    0.24 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Vinyl, Laminate
    Roof type
    Shingle
    Architectural style
    Other

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    Jason Coburn
    Jason Coburn

    Listing agent Jason Coburn License #01940430

    Listing office EXP Realty of California, Inc. 2603 Camino Ramon Ste 200, San Ramon, CA

    Listing date Jul 6, 2026

    MLS# 272778 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.

    HighLights

    • Multi‑unit property built in 1978 with three units, including a garage conversion for the third unit
    • Public sewer service and shingle roof
    • Units include open floor plans with knotty pine ceilings
    • Off‑street parking plus access to yard space
    • Flooring includes carpet, vinyl, and laminate

    Overview

    This three-unit triplex offers an income-focused residential configuration with each unit featuring an open floor plan and knotty pine ceilings. The property also includes plenty of off-street parking and access to yard space, supporting flexible day-to-day living for tenants or owner-occupants. In addition, the third unit is described as created through a garage conversion, adding another independent rental option within the overall site.

    Located at 1448 Railroad Drive in McKinleyville, California, the property is positioned for convenient access to local shopping and restaurants. The listing also notes proximity by short drive or bike ride to the local beach and Cal Poly Humboldt.

    The layout and off-street parking make the property practical for tenants who value straightforward, residential-style space, while the three separate units support multiple rental streams. It may also appeal to an owner-occupant seeking to live in one unit and rent the other two to help offset expenses, or to investors looking for a small multi-family property under Multi-Family zoning. Because the third unit is part of a garage conversion, the arrangement may be particularly attractive to buyers evaluating options for a compact, self-contained income property.

    Local Financial Insights For Multifamily LT 5

    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 $48.5k $19.80
    − Vacancy −$3.2k −$1.32
    EGI $45.2k $18.48
    − OpEx −$13.6k −$5.54
    NOI $31.7k $12.94
    2,448 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $452.5K
    $395.9K – $527.9K (±1% cap)
    NOI $31,673 @ 7.0% cap · market cap 5.52%
    Second Best
    Apartment 5plus
    $416.4K
    $364.4K – $485.8K (±1% cap)
    NOI $29,150 @ 7.0% cap · market cap 5.08%
    Theoretical Best
    Flex RnD
    $924.5K
    $808.9K – $1.08M (±1% cap)
    NOI $64,713 @ 7.0% cap · market cap 11.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Hotel & Motel HVAC Service Cafe & Coffee Shop Nursing Home Clothing & Fashion Store Auto Parts Store (Bike/Boat/Book/etc) Store Nursing Home Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McKinleyville
    County
    Humboldt
    State
    California
    Longitude
    -124.104646
    Latitude
    40.94544

    FAQs

    What type of property is this?
    Triplex - Three-unit multi-family property with open layouts, knotty pine ceilings, off-street parking, and yard access.
    Where is this triplex located?
    The property is located at 1448 Railroad Drive McKinleyville, CA.
    What is the asking price?
    The asking price for this property is $574,000.
    What are key features of this property?
    This property features: Multi‑unit property built in 1978 with three units, including a garage conversion for the third unit; Public sewer service and shingle roof; Units include open floor plans with knotty pine ceilings
    More about this property
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