380 Granite AVE Arcata, CA 95521
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,791 sqft
Price per Sqft $208
MLS Listing ID 272199
Style 5-10 Units
Year Built 1962
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 100 X 151 X 135 X 140
Property Sub-Type Multi-Family
Source Humboldt Association of REALTORS®
Property Description
Each apartment is unique.
New roofs - Apt 3a- 2001
Apts 1,2,3- 2019
Apts 4,5,6- 2022
Seller has regularly kept apartments in good and rentable condition. At time of tenancy turnover, apartments are regularly cleaned, painted, re-carpeted if necessary, and any updates or repairs are completed. On-going maintenance involves cleaning roots out of sewer lines at Building 1. Look in Documents for the Commercial property Questionnaire and the Addendum filled out by Seller. There are no current inspections for this property.
Sewer lateral was completed to City of Arcata standards for Building 2, but Building 1, the oldest building on site, is still on-going.
There will be three vacancies that allow a landlord to raise the rents. Apt 1 is vacant, but refurbished, and can rent as soon as closing happens. Apt 3 will be re-rented by June 1. And Apt 3A will be leaving at the end of August and can be -re-rented.
Apartment 1 is vacant, so if a buyer chooses, they can get their own tenant. Apartment 3 is not renewing their lease and they will be leaving by May 30. Seller will replace tenant for move-in date of June 1.
Apartment 3A will be leaving by August 31, and Seller or Buyer can replace, depending on timing. All other leases expire June 1, 2027, except Apartment 4, which only has a lease until end of December, 2026.
Location
State CA
Area 0.37
Zoning Multi-Family
Direction Confusing because 380 Granite is one building ( Building #2) , and uphill from that, fronting on 24th Street is the other Building #1. Best to park at 380 Granite, if possible. There is a carport and hopefully three extra parking spaces outside carport and available.. Easy to walk uphill to other Building #1, or drive to end of 24th Street and park near carport for Building #1.
Rooms
Dining Room Combination
Kitchen Elec, Range, Refrig, Dining Nook
Interior
Interior Features Cathedral/Vault, Deck Off, Dining Nook
Heating Baseboard, Natural Gas, Wall
Flooring Carpeted, Vinyl
Appliance Elec, Refrig
Heat Source Baseboard, Natural Gas, Wall
Exterior
Exterior Feature Out Building
Parking Features 1 - 10 Spaces, On Site, Paved, Under Cover, Other-Spec in Remark
Garage Spaces 2.0
Fence Partial
Utilities Available Separately Metered, Circuit Breaker, Natural Gas, Shared Metered
Roof Type Shingle
Street Surface Asphalt,Gravel
Porch Deck
Total Parking Spaces 2
Garage Yes
Building
Lot Description City Lights View, Near Public Trans, Sloping
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Architectural Style 5-10 Units
New Construction No
Schools
Elementary Schools Arcata
High Schools Arcata
Others
Senior Community No
Miscellaneous Privacy ,Sidewalk ,Security Deposit
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