Multi-Building Apartment
For Sale
$1,300,000
6561 Spring Street, Fields Landing, CA 95537
Multi-Family, Fields Landing, CA
Property Size6,500 SF
Lot Size3.20 Acres
Price / SF$200
Days on Market85
Property Features for 6561 Spring Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Single Family
Bedrooms
14
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 11, Bedroom 12, Bathroom 3, Bedroom 4, Bedroom 14, Bathroom 5, Bathroom 2, Bedroom 8, Bedroom 9, Bedroom 10, Bedroom 5, Bedroom 3, Bedroom 13, Bedroom 7, Bathroom 4, Bathroom 7, Bathroom 1, Bathroom 6
Parking features
Garage
Lot features
Bay View, Cul-De-Sac, Flat, Green Belt, Panoramic View, Sloping, Steep, Wooded, Woods View
View
City, Hills
Elementary school
South Bay
Middle school
Winship
High school
Eureka
Elementary school district
South Bay
Middle school district
South Bay
High school district
South Bay
Directions
Orchard the north on Spring to end of road
Subdivision
South Bay
Standard status
Active
Size
6,500 SF
Lot size
3.20 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1979
Floors in Building
2
Number of units
7
Roof type
Shingle
Architectural style
Other
Listing Agency:
Ming Tree, Inc.
(707) 445-4500
Listed By:
Larry O. Doss · License #01196417
(707) 599-3332
Added: Jul 15
Changed: Sep 16
Last Checked: Oct 7 at 2:06AM
MLS# 272858
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 apartment property comprises four separate buildings on 3.2 acres: one duplex, two single-family residences, and one triplex. The buildings provide 6,500 square feet of property area and include 14 bedrooms and 7 bathrooms. Construction dates to 1979, with shingle roofing, garage parking, and service from a public sewer system.
The property is positioned east of the highway in Fields Landing, with bay views and a public boat ramp a short drive away. Single Family zoning applies to the site. The existing layout combines multiple residential structures on one parcel and includes a range of configurations within the property.
The property is positioned east of the highway in Fields Landing, with bay views and a public boat ramp a short drive away. Single Family zoning applies to the site. The existing layout combines multiple residential structures on one parcel and includes a range of configurations within the property.
Key Highlights
- Four buildings: one duplex, two single‑family residences, and one triplex
- 3.2‑acre parcel with 6,500 square feet of property area
- 14 bedrooms and 7 bathrooms across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,400
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,548,000
$1.5M
Cap Rate 7%
$1,105,714
$1.1M
Cap Rate 9%
$860,000
$860.0K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$151.3K $23.28/SF
− Vacancy
−$10.6K −$1.63/SF
EGI
$140.7K $21.65/SF
− OpEx
−$63.3K −$9.74/SF
NOI
$77.4K $11.91/SF
Area
Humboldt County, CA
Vacancy
7.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,548,000
Cap Rate 7%
$1,105,714
Cap Rate 9%
$860,000
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$967.5K – $1.29M
NOI $77,400 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.45M
$2.15M – $2.86M
NOI $171,827 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 95537, CA
313
Population
105
Households
3
Avg Household Size
36
Median Age
17%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
1,043
Density / Sq Mi
$76,116
Median Household Income
$23,364
Median Earnings
$360,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Four-building residential income property with garage parking, public sewer, and bay views.
Where is this apartment building located?
The property is located at 6561 Spring Street Fields Landing, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four buildings: one duplex, two single‑family residences, and one triplex; 3.2‑acre parcel with 6,500 square feet of property area; 14 bedrooms and 7 bathrooms across the property
