Historic Eureka Multifamily Investment
For Sale
$388,000
1625 G Street, Eureka, CA 95501
Multi-Family, Eureka, CA
Property Size6,540 SF
Lot Size0.17 Acres
Price / SF$59.33
Days on Market118
Property Features for 1625 G Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Lot features
Flat, In Town
View
City
Subdivision
South Bay
Standard status
Active
Size
6,540 SF
Lot size
0.17 Acres
Building Details
Year built
1900
Floors in Building
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Cutten Realty · Coldwell Banker Real Estate
(707) 445-8811
Listed By:
Jill Macdonald · License #01386033
(707) 499-7049
Added: Apr 28
Changed: Aug 19
Last Checked: Aug 23 at 3:06PM
MLS# 272152
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.
Investment Insights
Based on property information with market context.
This property presents an opportunity to own a landmark building in a historic Eureka neighborhood. The property, comprised of two buildings on one 0.17-acre lot, includes the Magnolia House, which fronts G Street and measures 5280 square feet, and a 1260-square-foot cottage at the back of the lot. The Magnolia House, constructed entirely of old-growth redwood, features interior period details, including a set of functioning pocket doors, the original grand staircase, original interior doors (some with vintage hardware), one original fireplace mantel, and a clawfoot tub. Original wide plank redwood floors are present throughout. The Magnolia House has 12-foot ceilings on the main level and 9-foot ceilings upstairs. Plans have been created for six units. A new roof and gutters were installed on both structures in 2021, and Simpson brackets were installed attaching roof rafters to walls per structural engineer's specification. Most of the lath, plaster, and drywall has been removed, leaving the interior open for new electrical, plumbing, and HVAC systems. The property is centrally located, within walking distance of Historic Old Town, the harbor, and the Henderson Center. It is also located one block from a restaurant and a short drive to Costco and other dining and shopping options. The property is intended for multi-family use.
Key Highlights
- Landmark historic property (Humboldt County's first hospital) in a desirable neighborhood.
- Two buildings on one lot: a 5280 sq ft main house (Magnolia House) and a 1260 sq ft cottage.
- Prime location: walkable to Historic Old Town, the harbor, Henderson Center, and close to dining and shopping.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings in a prime location with development potential.
Where is this apartment building located?
The property is located at 1625 G Street Eureka, CA.
What is the asking price?
The asking price for this property is $388,000.
What are key features of this property?
This property features: Landmark historic property (Humboldt County's first hospital) in a desirable neighborhood.; Two buildings on one lot: a **5280 sq ft main house (Magnolia House) and a 1260 sq ft cottage.**; Prime location: walkable to Historic Old Town, the harbor, Henderson Center, and close to dining and shopping.
