Ming Tree, Realtors
707-445-4500   Email  

816 2nd Street, Eureka, CA 95501 - Multi Family Home

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Description:

This Old Town investment property is truly something special! Now under new management and 100% occupied. Recently monthly gross rents increased to $8,960, offering a pro forma AGI of over $107,500. Two buildings and a converted carriage house comprise 17 quaint rooms and units with solid rental history. The common patio and gardens reflect the pride & care shown by all of the tenants. Situated in the OR (Office/Multi-Family) Zone, within blocks of the Adorni Center, public transportation and the waterfront trail, the property is a showcase of affordable, peaceful living.

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Quick Facts

Total Rooms:
17
Area:
4734 sq ft
Style:
Over 10 Units
Condition:
Good
Year Built:
1893
Lot Size:
0.15 acres
Garage:
None
Asking Price:
Sold
Days on Market:
354
Listing Office:
Wells Commercial R.E. & Investment
Listing Agent:
Alissa Woods
Contact:
Ming Tree, Realtors
707-445-4500

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    Exterior Features:

  • Style: Over 10 Units
  • Historic Registry: Yes
  • Condition: Good
  • Garage: None, 0

    • Location Features:

  • Gated Entry: Yes
  • Walk Score®: 93 Walker's Paradise - Daily errands do not require a car
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Neighborhood details for 816 2nd Street, Eureka, CA 95501 - Neighborhood: Old Town

HousingNear HereNeighborhoodZip Code
Total Households5531719932
Median Age of Home193919421951
Median Property Value$351,724$325,462$298,234
Homes Owner Occupied14.29%14.54%39.65%
Homes Rented85.71%85.46%60.35%
Homes Vacant6.33%6.91%6.5%
Median Rent$ 605$ 620$ 719
Crime Risk (national avg is 100)Near HereNeighborhoodZip Code
Overall Crime Risk169172148
Murder Risk175177153
Assault Risk106122130
Burglary Risk163171162
Vehicle Theft Risk193194180
PeopleNear HereNeighborhoodZip Code
Population153948122469
Male64.91%64.42%52.23%
Female35.09%35.58%47.77%
Median Age33.033.937.0
People Per Household2.112.112.4
Households with Children35.91%36.62%50.76%
Median Household Income$24,371$28,316$38,037
EducationNear HereNeighborhoodZip Code
Some High School19.75%16.72%10.19%
High School26.3%33.03%26.72%
Associate Degree6.37%8.51%8.52%
Bachelors Degree4.4%4.26%14.69%
Masters Degree6.1%4.45%4.96%
Graduate Degree6.1%5.06%6.86%
Professional Degree0.0%0.61%1.07%
Doctorate Degree0.0%0.0%0.84%
CommutingNear HereNeighborhoodZip Code
Average commute time18 minutes16 minutes15 minutes
Travel by Car60.55%64.59%83.88%
Travel by Public Transportation0.0%0.0%1.06%
Travel by Walking23.86%20.84%7.27%
Travel by Other4.14%3.01%1.02%
Work from Home6.9%7.46%3.81%
WeatherNear HereNeighborhoodZip Code
Average Annual temperature52 degrees52 degrees52 degrees
Average Annual minimum45 degrees45 degrees45 degrees
Average Annual maximum58 degrees59 degrees59 degrees
January Average Low39 degrees39 degrees39 degrees
July Average High62 degrees62 degrees62 degrees
Sunny Days per Year186 days186 days186 days
Partly Clear Days per Year78 days78 days78 days
Cloudy Days per Year7 days7 days7 days
Rainy Days per Year117 days117 days117 days
Snowy Days per Year0 days0 days0 days
Annual Rainfall40.0 in.40.61 in.40.74 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereNeighborhoodZip Code
Pollution Index979797
Earthquake Index646646646
Wind Index000
Hurricane Index000
Tornado Index111
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 04/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2024 Humboldt Association of Realtors®. All rights reserved.