345 Evergreen Avenue, Arcata, CA 95518
MULTI_FAMILY - Other - Arcata, CA
Property Features for 345 Evergreen Avenue
General Information
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 345 Evergreen Avenue in Arcata, just blocks from Cal Poly Humboldt and minutes from shopping, restaurants, and public transportation. Public sewer serves the property. New shingle roofs carry a transferable 10-year warranty, and the foundation was built beyond code requirements. The Multi-Family zoning and two-unit configuration support continued residential income use.
Key Highlights
- 2,456‑square‑foot duplex on a 0.18‑acre lot
- Main residence has 4 bedrooms, each with a private en‑suite bathroom
- Second unit includes 2 bedrooms and 2 bathrooms, with private bathrooms for each bedroom
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 | $48.6k | $19.80 |
| − Vacancy | −$3.2k | −$1.32 |
| EGI | $45.4k | $18.48 |
| − OpEx | −$13.6k | −$5.54 |
| NOI | $31.8k | $12.94 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Market
Vacancy Rate% for Multifamily in West region