1031-1039 4Th St Eureka, CA 95501
- Mixed-use properties
- 5,500 SF
- 0.15 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1031-1039 4Th St
- Year built
- 1950
- Lot size
- 0.15 lot acres
- Property size
- 5,500 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use investment opportunity in Eureka, CA, presents a compelling proposition for discerning investors. Located at 1031-1039 4th Street, this property boasts a total of 5,500 square feet situated on a 0.15-acre lot (APN 001-174-006). The building, constructed in 1950, currently enjoys 100% occupancy with three distinct units. The income stream is comprised of a duplex generating $1,750 per month in rental income and a restaurant tenant contributing an additional $1,000 monthly. This translates to a strong 7.33% capitalization rate, based on the asking price of $450,000 ($81.82 per square foot). The property's prime location in Humboldt County offers excellent potential for continued growth and strong rental demand. All potential buyers are strongly encouraged to conduct their own due diligence to independently verify all aspects of this property, including but not limited to income and expenses. This is a rare opportunity to acquire a well-performing mixed-use asset in a desirable California market. The property is offered as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eureka
- County
- Humboldt
- State
- California
- Longitude
- -124.16
- Latitude
- 40.8038
