Residential Income Corner
491 H Street Arcata, CA 95521
491 H Street, Arcata, CA, 95521
$619,000
For Sale
$619,000
COMMERCIAL - Arcata, CA
Property Size1,474 SF
Lot Size0.51 Acres
Price / SF$419.95
Days on Market52
Property Features for 491 H Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Single Family
- Parking features
- Other
- Security features
- Security System
- Interior features
- Security System
- Fireplace
- 1
- Standard status
- Active
- Size
- 1,474 SF
- Lot size
- 0.51 Acres
Building Details
- Flooring type
- Carpet, Vinyl
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing Agency
Ming Tree, Inc.
(707) 445-4500
509 J Street, Eureka, CA
Listed by
Darla McKenzie · License #01164724
(707) 499-5041
Added: May 27 Checked: Jul 17 at 12:06 am
MLS# 272427
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.
Located at 491 H Street in Arcata, this 0.51-acre corner lot has access from Samoa Blvd and has been in the same family since it was built. The offering includes a home on the property, with the site extending to Samoa Blvd.
Zoning is described as allowing both commercial/general use and residential medium density development. The property is noted as a rare corner lot, with frontage and access tied to Samoa Blvd.
For buyers and brokers evaluating flexible site-use potential, this is a single lot configuration with stated mixed-use zoning parameters and direct access from Samoa Blvd.
Zoning is described as allowing both commercial/general use and residential medium density development. The property is noted as a rare corner lot, with frontage and access tied to Samoa Blvd.
For buyers and brokers evaluating flexible site-use potential, this is a single lot configuration with stated mixed-use zoning parameters and direct access from Samoa Blvd.
Key Highlights
- 0.51‑acre corner lot in Arcata extends to Samoa Blvd and includes access from Samoa Blvd
- Zoning includes commercial/general plus residential/medium density
- Fireplace in the home
Local Financial Insights For Apartment 5plus
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 | $34.3k | $23.28 |
| − Vacancy | −$2.4k | −$1.63 |
| EGI | $31.9k | $21.65 |
| − OpEx | −$14.4k | −$9.74 |
| NOI | $17.6k | $11.91 |
1,474 SF · lease $23.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$250.7K
$219.4K – $292.5K
NOI $17,552 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$556.6K
$487.1K – $649.4K
NOI $38,965 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - A 0.51-acre corner lot with access from Samoa Blvd and zoning allowing commercial/general and residential medium density uses.
Where is this single family property located?
The property is located at 491 H Street Arcata, CA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: 0.51‑acre corner lot in Arcata extends to Samoa Blvd and includes access from Samoa Blvd; Zoning includes commercial/general plus residential/medium density; Fireplace in the home