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6-Unit Townhouse-Style Apartment Building
New
For Sale
$900,000

1620 2nd Ave, Fortuna, CA 95540

Each residence has two bedrooms, one bathroom, and a private patio.

Property SizeContact for details
Days on Market4

Property Features for 1620 2nd Ave

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Amenities

private patio
laundry room
Listing Agency: Cornerstone Realty
Listed By: Sally Conley · License #01143127
Source: Exprealty
Added: Oct 18 Changed: Oct 21 Last Checked: Oct 21 at 2:44AM

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 Cornerstone Realty

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Investment Insights

Based on property information with market context.

This six-unit multifamily property is arranged as townhouse-style residences, each with two bedrooms, one bathroom, and a private patio. A separate laundry room contains two coin-operated washers and two coin-operated dryers. Off-street parking is available for residents.

The property is positioned at the end of the road in Fortuna, California. Its existing rental history and maintained units provide operational context for buyers evaluating a residential income property.

Key Highlights

  • Six townhouse‑style units, each with 2 bedrooms and 1 bathroom
  • Private patio included with each residence
  • Separate laundry room with two coin‑operated washers and two dryers

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 95540, CA

14,055
Population
6,087
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
412
Density / Sq Mi
$62,346
Median Household Income
$37,309
Median Earnings
$1,135
Median Rent
$362,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Each residence has two bedrooms, one bathroom, and a private patio.
Where is this multifamily property located?
The property is located at 1620 2nd Ave Fortuna, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Six townhouse‑style units, each with 2 bedrooms and 1 bathroom; Private patio included with each residence; Separate laundry room with two coin‑operated washers and two dryers
More about this property
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