92-Unit Apartment
For Sale
$2,800,000
2351 Westwood Ct, Arcata, CA 95521
Multifamily property with varied one- and two-bedroom layouts near downtown Arcata and Cal Poly Humboldt University.
Property SizeContact for details
Lot Size5.60 Acres
Days on Market151
Property Features for 2351 Westwood Ct
General Information
Standard status
Active
Lot size
5.60 Acres
Property subtype
Multifamily
Occupancy
97%
Units
Unit Mix
44 x 1BR (457 sq ft), 40 x 2BR (840 sq ft), 8 x 1BR (980 sq ft)
Multifamily Units
92
Additional Details
Cap Rate
7.37%
Utilities to Site
Yes
Amenities
Recent Expansion – 32 new solar-equipped units added in recent years, enhancing efficiency.
Development Opportunity – Active Arcata permit for 70 more units with utilities already stubbed in. 1/200 1 Investment Overview Investment Overview will be used across all MNet Applications
Strong Asset Quality – Spacious units in a well-maintained complex with high pride of ownership.
Building Details
Year Built
1968
Units
92
Listing Agency:
Sacramento Office
(916) 724-1324
Listed By:
Aaron Moayed · License #CA: 02117361
(916) 724-1324
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 2:06PM
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 Sacramento Office
Investment Insights
Based on property information with market context.
Westwood Garden is a 92-unit multifamily property at 2351 Westwood Ct in Arcata, California. The community occupies 5.60 acres and includes 44 one-bedroom units averaging 457 square feet, 40 two-bedroom units averaging 840 square feet, and 8 larger one-bedroom units averaging 980 square feet. The original 60-unit complex was built in 1968, with 32 additional units subsequently developed.
The property is positioned near downtown Arcata, local retail and dining, the Arcata Marsh & Wildlife Sanctuary, and Cal Poly Humboldt University. An active city permit supports a proposed 70-unit expansion, although those plans are currently on hold. Underground water and sewer infrastructure for the additional phase has been installed and stubbed into the site.
The property is positioned near downtown Arcata, local retail and dining, the Arcata Marsh & Wildlife Sanctuary, and Cal Poly Humboldt University. An active city permit supports a proposed 70-unit expansion, although those plans are currently on hold. Underground water and sewer infrastructure for the additional phase has been installed and stubbed into the site.
Key Highlights
- 92 multifamily units on a 5.60‑acre lot
- Unit mix includes 44 one‑bedroom, 40 two‑bedroom, and 8 larger one‑bedroom units
- One‑bedroom units average 457 sq ft and 980 sq ft across the two layouts
Property Analytics
Current Use
Lease Details
92
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
Explore this area
Business Placement
Demographics for 95521, CA
21,581
Population
9,797
Households
2.2
Avg Household Size
30
Median Age
45%
College-Educated
95%
High-School Grad
60.4 sq mi
ZIP Area
357
Density / Sq Mi
$54,324
Median Household Income
$24,129
Median Earnings
$1,300
Median Rent
$478,600
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 - Multifamily property with varied one- and two-bedroom layouts near downtown Arcata and Cal Poly Humboldt University.
Where is this apartment building located?
The property is located at 2351 Westwood Ct Arcata, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 92 multifamily units on a 5.60‑acre lot; Unit mix includes 44 one‑bedroom, 40 two‑bedroom, and 8 larger one‑bedroom units; One‑bedroom units average 457 sq ft and 980 sq ft across the two layouts
