Two 4-Plex Apartment
16 & 46 S G Street Arcata, CA 95521
16 & 46 S G Street, Arcata, CA, 95521
$1,295,000
For Sale
$1,295,000
Marsh District Apartments features two four-plexes on one lot with coin-op laundry and storage rooms.
Property Size7,368 SF
Price / SF$175.76
Days on Market49
Property Features for 16 & 46 S G Street
General Information
- Standard status
- Active
- Size
- 7,368 SF
- Property subtype
- Commercial
Listing agency
RE/MAX HUMBOLDT REALTY
(707) 822-2955
Listed by
MATT BABICH
Source
Corcoran
Added: Jun 3 Updated: Jul 20 at 5:22PM Checked: Jul 21 at 5:03AM
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 RE/MAX HUMBOLDT REALTY
Investment Insights
Based on property information with market context.
Marsh District Apartments offers two separate four-plex buildings on a single lot, with coin-operated laundry and an on-site storage room for residents. The property is described as having gross annual scheduled income of $116,580.00. Renters and showings should be handled by appointment only, with instructions to respect tenants.
The asset is located at 16 & 46 S G Street in Arcata, CA 95521. Additional operational support is noted in the seller’s remarks, including that the landlord pays garbage and the utilities for the laundry room.
The owner also indicates there may be potential for additional units, subject to future development or configuration.
The asset is located at 16 & 46 S G Street in Arcata, CA 95521. Additional operational support is noted in the seller’s remarks, including that the landlord pays garbage and the utilities for the laundry room.
The owner also indicates there may be potential for additional units, subject to future development or configuration.
Key Highlights
- Marsh District Apartments: two 4‑plexes on one lot
- Coin‑op laundry room plus separate storage room on site
- $116,580 gross annual scheduled income
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 | $145.9k | $19.80 |
| − Vacancy | −$9.7k | −$1.32 |
| EGI | $136.2k | $18.48 |
| − OpEx | −$40.9k | −$5.54 |
| NOI | $95.3k | $12.94 |
7,368 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,329 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$1.25M
$1.10M – $1.46M
NOI $87,736 @ 7.0% cap · market cap 6.77%
Theoretical Best
Flex RnD
$2.78M
$2.43M – $3.25M
NOI $194,773 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Marsh District Apartments features two four-plexes on one lot with coin-op laundry and storage rooms.
Where is this quadplex located?
The property is located at 16 & 46 S G Street Arcata, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Marsh District Apartments: two 4‑plexes on one lot; Coin‑op laundry room plus separate storage room on site; $116,580 gross annual scheduled income
