234 Clark Street, Eureka, CA 95501

$929,000
5,540
SqFt

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List Price
$929,000
Price Change
▼ $5,000 1784000901
MLS#
272476
Sq. Ft
5,540
Acres
0.31
Year Built
1892

Property Description

Calling All Developers & Investors! Don't miss this rare opportunity to own a historic 8-unit Queen Anne Victorian in the heart of Eureka, offering both strong rental income and exceptional development potential. Built in 1892 by Warren Jones as a single-family residence and thoughtfully converted into eight units in 1939, this iconic property has been meticulously maintained and reflects true pride of ownership. The building consists of seven 1-bedroom, 1-bath units and one studio unit, with proven rental history. Situated on a double lot and zoned R3 (Residential High Density), this property presents a unique value-add opportunity for investors and developers alike. City of Eureka says parcel may be subdividable into two additional lots, and up to 17 more units. See documents potential is available from the City and attached for review. Whether you're seeking a stable income-producing asset, a redevelopment opportunity, or both, this property offers tremendous upside in a prime Eureka location. There have been substantial recent improvements done Schedule your private showing today and explore the possibilities this exceptional investment property has to offer.

Additional Information

County
South Bay
City
Eureka
Style
Apartments
Stories
3 or more Stories
View
City Lights, Hills
Roof
Shingle
Foundation
Concrete Perimeter
Interior Features
Other
Lot Description
Flat
Fenced
Fully
Garage Description
Other-Spec in Remark
Middle School
Zane
High School
Eureka
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of EXP Realty of California, Inc..