$1,450,000
Arcata, CA 95521
MLS# 261228
Status: Sold
6912 sqft
1 / 65
Property Description
It's not often that an opportunity for multiple rentals and a primary residence surface on one lot, and it's even rarer for that type of lot to be wrapped in some of Humboldt County's most scenic views. It's that combination that makes Marilann Ct. such a unique opportunity to invest in. Comprised of seven 2 bedroom, 1 bath homes – each approx 672 sq ft – alongside a larger approx 2208 sq ft. 3 bedroom, 2 bath residence, with separate guest bedroom & bathroom, Marilann Ct. is a prime location to develop a tight-knit group of renters into a full-fledged community. A clear view of the mountain ranges dotted around Humboldt county only makes the slice of property more desirable.
Details
Maps
Property Description
Realtor.com Type: Multi Family
Lot Size: 1 - 1.99 Acres
Lot Dimensions: See APN Map
Style: 5-10 Units
Gar Stls: 8
Garage Type: Carport
Lot Acres: 1.66
Appearance: Very Good
List Price/SqFt: 173.61
Sold Price/SqFt: 209.78
Type of Property: Multi-Family
Building Description
Total Units: 8
Main House SqFt: 6912
Year Built: 1944
Location, Legal and Taxes
APN: 506-131-008
Zoning
Agricultural: 1
Coastal: 1
Possession
Imm with Buyer Rent: 1
View
Bay: 1
Hills: 1
Panoramic: 1
Pasture: 1
Fenced
Partial: 1
RV Parking
Room for RV Parking: Yes
Miscellaneous
Sidewalk: No
Lot Description
Bay View: 1
Flat: 1
Hills View: 1
Open: 1
Panoramic View: 1
Pasture View: 1
Pasture/Field: 1
Mountain View: 1
Utilities
Circuit Breaker: 1
Electric: 1
Natural Gas: 1
Separate Laundry: 1
Separately Metered: 1
Levels
2 Story: 1
Siding
Cement Composite: 1
Total Units By Type
# 2 Bedroom Units: 7
# 3 Bedroom Units: 1
# Full Baths: 10
Foundation
Concrete Perimeter: 1
Slab: 1
Construction
Wood Frame: 1
Road
Deadend: 1
Gravel: 1
Private: 1
Roof
Composition Shingle: 1
Insulation
Dual Pane Window: 1
Financing Terms
Cash: 1
Conventional: 1
Driveway
Gravel: 1
Shared: 1
Parking
On Site: 1
Heating
Forced Air: 1
Natural Gas: 1
Wall: 1
Kitchen
Dishwasher: 1
Gas: 1
Hood: 1
Microwave: 1
Range: 1
Water
Private: 1
Well: 1
Dining
Open: 1
Sewer
Private: 1
Living
Deck Off: 1
Large: 1
View: 1
Exterior Amenities
Deck: 1
Out Building: 1
Laundry
Dryer Hookups: 1
Washer Hookups: 1
Flooring
Carpeted: 1
Tile: 1
Vinyl: 1
Listing Information
Status: Sold
List Date: 2022-03-07
List Price: $1,200,000
Current Price: $1,450,000
Sold Date: 2022-05-04
Sold Price: $1,450,000
Location Legal and Taxes
Area: North Bay
House Number: 1620-1690
Street Name: Marilann
Street Suffix: Court
Sub-Area: Arcata
State: CA
Zip Code: 95521
Cross Street: Bay School Rd
Directions and Remarks
Directions: PLEASE do not drive down Marilann Ct without an appointment, all units are occupied.
Property Features
View: Bay; Hills; Panoramic; Pasture
Fenced: Partial
Zoning: Agricultural; Coastal
Possession: Imm with Buyer Rent
Levels: 2 Story
Parking: On Site
Kitchen: Dishwasher; Gas; Hood; Microwave; Range
Dining: Open
Living: Deck Off; Large; View
Foundation: Concrete Perimeter; Slab
Laundry: Dryer Hookups; Washer Hookups
Siding: Cement Composite
Roof: Composition Shingle
Insulation: Dual Pane Window
Heating: Forced Air; Natural Gas; Wall
Construction: Wood Frame
Driveway: Gravel; Shared
Water: Private; Well
Sewer: Private
Lot Description: Bay View; Flat; Hills View; Open; Panoramic View; Pasture View; Pasture/Field; Mountain View
Road: Deadend; Gravel; Private
Exterior Amenities: Deck; Out Building
Utilities: Circuit Breaker; Electric; Natural Gas; Separate Laundry; Separately Metered
Flooring: Carpeted; Tile; Vinyl
Financing Terms: Cash; Conventional
Supplements
The lot is 1.66 flat acres and while it may look remote, it's comfortably located near Downtown Arcata, the Arcata Marsh, and Cal Poly Humboldt, making it an appealing location for a multitude of reasons.
Brightly colored yet surprisingly uniform, the seven homes feature a few shared amenities without sacrificing their own unique vibrancy. Each unit has dual-paned windows for residents to fully take in the landscape. Additionally, each unit has its own carport (some have been closed in as storage rooms), and each carport area has its own washer and dryer hookups. The units are separately metered for electric and gas, water and septic are private.
Sitting at the end of Marilann Ct., the large home is great for an on-site property manager or for renting out on its own. It features an upstairs guest space with its own bath and a scenic view of Arcata Bay, great for sipping your favorite beverage while taking in one of Humboldt County's gorgeous sunsets. The large home is the capstone of what is an incredibly versatile piece of property.
A rustic feel, scenic views, and vibrant individual units all separate Marilann Ct. from Arcata's other dwellings. Those that want a remote feel without being too far from amenities should look no further, especially if they want to expand their income with a healthy number of rental units.
Listing Office: Forbes & Associates-Sarah Corliss
Last Updated: September - 07 - 2024
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) 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 for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.
Broker Attribution:
sarah@forbesandassoc.com