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Two-Home Duplex on Oversized Lot

732 & 752 Franklin Avenue, Loleta, CA 95551

For Sale
New
$409,000

Multi-Family, Loleta, CA

Property Size1,834 SF
Lot Size0.24 Acres
Price / SF$223.01
Days on Market3

Property Features for 732 & 752 Franklin Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Single Family
Zoning description Single Family, Multi-Family
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 5
View Valley
Subdivision Mid County
Standard status Active
APN 309-092-010
Size 1,834 SF
Lot size 0.24 Acres

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1921
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl, Laminate
Building materials Wood Frame
Roof type Shingle
Architectural style Bungalow
Buildings 2
Listing Agency: EXP Realty of California, Inc.
Listed By: Cody Michael Hurst · License CA #02097302
Added: Nov 9 Last Checked: Nov 11 at 6:06AM
MLS# 273692

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex property comprises two detached bungalow-style homes totaling 1,834 square feet. The larger residence has three bedrooms and one bathroom; the second has two bedrooms and one bathroom. A detached storage garage and a separate shed add auxiliary storage. The buildings date to 1921 and have wood-frame construction, shingle roofing, and forced-air heating. Flooring includes carpet, vinyl, and laminate, and the property is served by public water.

The homes occupy a 0.24-acre lot in Loleta, California, and the zoning is Single Family.

Key Highlights

  • Two detached homes with 3 bedrooms and 1 bathroom in one, 2 bedrooms and 1 bathroom in the other
  • Combined building area of 1,834 square feet
  • 0.24‑acre lot in Loleta, California

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,729
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,580 $474.6K
Cap Rate 7%
$338,986 $339.0K
Cap Rate 9%
$263,656 $263.7K
Market Conditions
NOI Build-Up for 1,834 SF
Gross rent
$36.3K $19.80/SF
− Vacancy
−$2.4K −$1.32/SF
EGI
$33.9K $18.48/SF
− OpEx
−$10.2K −$5.54/SF
NOI
$23.7K $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 Rate 5%
$474,580
Cap Rate 7%
$338,986
Cap Rate 9%
$263,656

Alternative Uses

Best Use
Multifamily LT 5
$339.0K
$296.6K – $395.5K (±1% cap)
NOI $23,729 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$312.0K
$273.0K – $364.0K (±1% cap)
NOI $21,839 @ 7.0% cap · market cap 5.34%
Theoretical Best
Flex RnD
$692.6K
$606.0K – $808.0K (±1% cap)
NOI $48,482 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 95551, CA

1,871
Population
751
Households
2.5
Avg Household Size
36
Median Age
35%
College-Educated
95%
High-School Grad
42.4 sq mi
ZIP Area
44
Density / Sq Mi
$73,472
Median Household Income
$25,739
Median Earnings
$1,338
Median Rent
$469,800
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Humboldt County, CA

$207 Jul
$262 Aug
$292 Sep
$309 Oct

Properties on Market for Duplexes in Humboldt County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two detached homes provide distinct living spaces, with separate entrances and a detached storage garage and shed.
Where is this duplex located?
The property is located at 732 & 752 Franklin Avenue Loleta, CA.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Two detached homes with 3 bedrooms and 1 bathroom in one, 2 bedrooms and 1 bathroom in the other; Combined building area of 1,834 square feet; 0.24‑acre lot in Loleta, California
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