1665 Ronald Avenue Fortuna, CA 95540
MULTI_FAMILY - Other - Fortuna, CA
- Added:
- Jul 10, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 13 at 8:06 pm
Property Features for 1665 Ronald Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Single Family
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 1
- Parking features
- Garage
- Window features
- Skylight(s)
- Interior features
- Fireplace
- Exterior features
- Skylight
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.41 Acres
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jeremy Stanfield License #01339550 (707) 496-3806
Listing office Landmark Real Estate 125 12th Street, Fortuna, CA (707) 786-9300
Listing date Jul 10, 2026
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.
The front portion is a tenant-occupied duplex with two-bedroom units. Each duplex unit has an updated kitchen, remodeled bathroom, laminate flooring, gas appliances, washer and dryer hookups, and an attached single-car garage, along with a private fenced yard. The duplex units also have separate utility meters for convenient ownership and property management.
The property is privately situated behind the duplex, and it carries single-family zoning. Improvements and energy-related upgrades such as roofing updates and the owned solar system are part of the overall renovation and maintenance-focused condition described for the home and units.
Key Highlights
- Three residences on one property: renovated rear home plus tenant‑occupied duplex with established long‑term rental income.
- Rear unit (2BR/2BA) features an attached garage, fenced yard, gas fireplace, and skylights.
- Duplex units: 2BR each with remodeled bath, updated kitchen, laminate flooring, gas appliances, and washer/dryer hookups in attached 1‑car garages.
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 | $51.5k | $19.80 |
| − Vacancy | −$3.4k | −$1.32 |
| EGI | $48.1k | $18.48 |
| − OpEx | −$14.4k | −$5.54 |
| NOI | $33.6k | $12.94 |
