One-Story Duplex with
For Sale
$510,000
3027 Brier Lane, Eureka, CA 95503
MULTI_FAMILY - Other - Eureka, CA
Property Size2,795 SF
Lot Size1.00 Acre
Price / SF$182.47
Days on Market356
Property Features for 3027 Brier Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family
Bedrooms
5
Bathrooms
1
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5
Parking features
Garage
Interior features
Animal Door, Ceiling Fan, Wood Stove
Lot features
Flat, Open, Pasture View, Sloping, Wooded, Woods View
Elementary school
Freshwater
Middle school
Freshwater
High school
Eureka
Elementary school district
Eureka
Middle school district
Eureka
High school district
Eureka
Directions
Old Arcata Rd. to Pigeon Point to Brier Lane, stay to left
Subdivision
South Bay
Standard status
Active
Size
2,795 SF
Lot size
1.00 Acre
Utilities
Sewer type
Private Sewer
Heating system
Wood, Wood Stove
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Roof type
Shingle
Architectural style
Other
Listing Agency:
Community Realty / dc
(707) 269-2400
Listed By:
Don Chin · License #01239495
(707) 499-4446
Added: Aug 23, 2025
Changed: Aug 1
Last Checked: Aug 13 at 2:06AM
MLS# 270447
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 one-story duplex offers 2,795 square feet of living space on a 1-acre lot, built in 1954. The interiors include carpet and vinyl flooring, with wood-based heating and a wood stove, plus a ceiling fan and an animal door. The roof is shingle, and the property is served by private sewer.
The current vacant unit is a 3-bedroom, 1.5-bath layout that has been recently painted inside. It also includes a carport and an attached laundry/sun room. Unit 2 is a 2-bedroom, 1.5-bath unit that is currently rented, with a large enclosed front porch area, an attached garage with shop, and a carport. Outbuildings include a large pole barn with a bonus shed.
Zoning is listed as Single Family. The property is described as located outside of Eureka city limits in a redwood-filled country setting with wooded views and open, landscaped grounds.
The current vacant unit is a 3-bedroom, 1.5-bath layout that has been recently painted inside. It also includes a carport and an attached laundry/sun room. Unit 2 is a 2-bedroom, 1.5-bath unit that is currently rented, with a large enclosed front porch area, an attached garage with shop, and a carport. Outbuildings include a large pole barn with a bonus shed.
Zoning is listed as Single Family. The property is described as located outside of Eureka city limits in a redwood-filled country setting with wooded views and open, landscaped grounds.
Key Highlights
- 1‑acre lot with 2,795 SF one‑story duplex built in 1954
- Vacant unit: 3 bed, 1.5 bath recently painted; carport; attached laundry/sun room
- Unit 2: 2 bed, 1.5 bath currently rented; enclosed front porch; attached garage with shop; carport
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,163
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$723,260
$723.3K
Cap Rate 7%
$516,614
$516.6K
Cap Rate 9%
$401,811
$401.8K
Market Conditions
NOI Build-Up for 2,795 SF
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.
Gross rent
$55.3K $19.80/SF
− Vacancy
−$3.7K −$1.32/SF
EGI
$51.7K $18.48/SF
− OpEx
−$15.5K −$5.54/SF
NOI
$36.2K $12.94/SF
Area
Humboldt County, CA
Vacancy
6.65%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$723,260
Cap Rate 7%
$516,614
Cap Rate 9%
$401,811
Alternative Uses
Best Use
Multifamily LT 5
$516.6K
$452.0K – $602.7K
NOI $36,163 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$475.5K
$416.0K – $554.7K
NOI $33,282 @ 7.0% cap · market cap 6.53%
Theoretical Best
Flex RnD
$1.06M
$923.6K – $1.23M
NOI $73,886 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 95503, CA
24,488
Population
10,738
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
83.7 sq mi
ZIP Area
293
Density / Sq Mi
$76,708
Median Household Income
$36,822
Median Earnings
$1,485
Median Rent
$411,500
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?
Duplex - One-story duplex with one vacant unit and one rented unit, plus carports, garage, and pole-barn outbuildings.
Where is this duplex located?
The property is located at 3027 Brier Lane Eureka, CA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 1‑acre lot with 2,795 SF one‑story duplex built in 1954; Vacant unit: 3 bed, 1.5 bath recently painted; carport; attached laundry/sun room; Unit 2: 2 bed, 1.5 bath currently rented; enclosed front porch; attached garage with shop; carport
