Triplex with Attached
1665 Ronald Avenue Fortuna, CA 95540
For Sale
$625,000
MULTI_FAMILY - Other - Fortuna, CA
Property Size2,600 SF
Lot Size0.41 Acres
Price / SF$240.38
Days on Market15
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 3, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 5
- 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 Agency:
Landmark Real Estate
(707) 786-9300
Listed By:
Jeremy Stanfield · License #01339550
(707) 496-3806
Added: Jul 10
Changed: Jul 23
Last Checked: Jul 24 at 9:06AM
MLS# 272820
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.
1665 A, B & C Ronald Avenue offers three separate residences on one property, configured as a rear home plus a duplex in front. The rear Unit C is a renovated 2-bedroom, 2-bath home with its own fenced yard and an attached garage. The duplex units (Units A and B) each provide 2 bedrooms, a remodeled bathroom, an updated kitchen, laminate flooring, gas appliances, washer and dryer hookups, and an attached single-car garage, along with private fenced yards.
The homes include separate utilities and separate utility meters, supporting convenient ownership and property management. Unit C features a custom quartz kitchen with Wi-Fi-enabled appliances, a gas fireplace, remote-controlled blinds, skylights, and added insulation, along with an owned solar system described as having no solar lease payment. Outdoors, Unit C offers a fenced patio area with glow rock embedded into the concrete and gas plumbing available for an outdoor gas setup.
All three residences are described as well maintained, with the front duplex generating rental income from long-term tenants.
The homes include separate utilities and separate utility meters, supporting convenient ownership and property management. Unit C features a custom quartz kitchen with Wi-Fi-enabled appliances, a gas fireplace, remote-controlled blinds, skylights, and added insulation, along with an owned solar system described as having no solar lease payment. Outdoors, Unit C offers a fenced patio area with glow rock embedded into the concrete and gas plumbing available for an outdoor gas setup.
All three residences are described as well maintained, with the front duplex generating rental income from long-term tenants.
Key Highlights
- Three residences on one property: rear home plus a tenant‑occupied 2‑unit duplex on Ronald Ave.
- Rear home offers 2 bedrooms, 2 bathrooms, a fenced yard, and an attached garage; renovated with added insulation and updated features.
- Unit C includes a custom quartz kitchen with Wi‑Fi‑enabled appliances, a gas fireplace, remote‑controlled blinds, and skylights.
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 |
2,600 SF · lease $19.80/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$480.6K
$420.5K – $560.7K
NOI $33,640 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$442.3K
$387.0K – $516.0K
NOI $30,960 @ 7.0% cap · market cap 4.95%
Theoretical Best
Flex RnD
$981.9K
$859.1K – $1.15M
NOI $68,731 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three residences on one property, including a renovated rear 2-bed home and a separately metered duplex.
Where is this triplex located?
The property is located at 1665 Ronald Avenue Fortuna, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three residences on one property: rear home plus a tenant‑occupied 2‑unit duplex on Ronald Ave.; Rear home offers 2 bedrooms, 2 bathrooms, a fenced yard, and an attached garage; renovated with added insulation and updated features.; Unit C includes a custom quartz kitchen with Wi‑Fi‑enabled appliances, a gas fireplace, remote‑controlled blinds, and skylights.
