$674,900

*Neighboring duplex is also available for sale at the same price, see MLS 273038. Properties may be purchased separately or together. Owned by the same seller and feature identical floorplans and some finishes and updates. Listing photos are primarily of 377 Evergreen* Exceptional Investment Opportunity Near Cal Poly Humboldt! Don't miss this well-maintained duplex located just blocks from Cal Poly Humboldt, offering an outstanding opportunity for investors or those seeking strong rental income in a highly desirable location. The main unit features 4 spacious bedrooms, each with its own private en-suite bathroom, making it especially attractive for student housing or shared living. The home also offers a generous living room, a spacious kitchen, and convenient washer and dryer hookup The second unit is a comfortable 2-bedroom, 2-bath residence, with each bedroom also featuring its own private bathroom. Recently refreshed with new interior paint and carpet, this unit also includes a cozy gas fireplace, creating a warm and inviting atmosphere. Both units have an excellent rental history and ample off-street parking. Built with quality and durability in mind, the property also features new roofs with a transferable 10-year warranty, imported tile flooring, ceramic tile countertops, dishwashers, double-pane windows, bathroom skylights, fire sprinkler systems throughout, and an oversized foundation built beyond code requirements. A large storage basement provides additional space for owner or tenant use. This is a rare opportunity to own a quality income-producing property in one of Arcata's most sought-after rental locations, just minutes from campus, shopping, restaurants, and public transportation. *Neighboring duplex is also available for sale at the same price, see MLS 273038. Properties may be purchased separately or together. Owned by the same seller and feature identical floorplans and some finishes and updates. Listing photos are primarily of 377 Evergreen* Exceptional Investment Opportunity Near Cal Poly Humboldt! Don't miss this well-maintained duplex located just blocks from Cal Poly Humboldt, offering an outstanding opportunity for investors or those seeking strong rental income in a highly desirable location. The main unit features 4 spacious bedrooms, each with its own private en-suite bathroom, making it especially attractive for student housing or shared living. The home also offers a generous living room, a spacious kitchen, and convenient washer and dryer hookup The second unit is a comfortable 2-bedroom, 2-bath residence, with each bedroom also featuring its own private bathroom. Recently refreshed with new interior paint and carpet, this unit also includes a cozy gas fireplace, creating a warm and inviting atmosphere. Both units have an excellent rental history and ample off-street parking. Built with quality and durability in mind, the property also features new roofs with a transferable 10-year warranty, imported tile flooring, ceramic tile countertops, dishwashers, double-pane windows, bathroom skylights, fire sprinkler systems throughout, and an oversized foundation built beyond code requirements. A large storage basement provides additional space for owner or tenant use. This is a rare opportunity to own a quality income-producing property in one of Arcata's most sought-after rental locations, just minutes from campus, shopping, restaurants, and public transportation.

$2,400,000

Situated on a 1.84-acre parcel near Cal Poly Humboldt, this income-producing property offers both immediate cash flow and long-term development potential. The site includes ten existing rental units—six 2-bedroom, 1.5-bath units and four 1-bedroom, 1-bath units—along with a custom main residence, attached garage, and a large, versatile barn. The property is zoned RH - High Density Residential per City of Arcata rezoning, allowing up to 50 units per acre (buyer to verify setbacks, density, and development standards). This zoning presents a compelling opportunity for expansion, redevelopment, or reconfiguration in a supply-constrained rental market near a major university. All rental units are separately metered, with tenants responsible for water, sewer, and PG&E, Minimizing owner expenses and improving net operating income. The main home features custom 1980's design elements and offers multiple value-add scenarios, including owner-occupancy with rental income, potential live/work use, or possible conversion to additional units (buyer to verify). The barn provides further flexibility for storage, workshop, business use, or adaptive reuse, enhancing both operational and redevelopment options. A rare Humboldt County offering combining current income, expense efficiency, and high-density zoning upside in a prime Arcata location. Situated on a 1.84-acre parcel near Cal Poly Humboldt, this income-producing property offers both immediate cash flow and long-term development potential. The site includes ten existing rental units—six 2-bedroom, 1.5-bath units and four 1-bedroom, 1-bath units—along with a custom main residence, attached garage, and a large, versatile barn. The property is zoned RH - High Density Residential per City of Arcata rezoning, allowing up to 50 units per acre (buyer to verify setbacks, density, and development standards). This zoning presents a compelling opportunity for expansion, redevelopment, or reconfiguration in a supply-constrained rental market near a major university. All rental units are separately metered, with tenants responsible for water, sewer, and PG&E, Minimizing owner expenses and improving net operating income. The main home features custom 1980's design elements and offers multiple value-add scenarios, including owner-occupancy with rental income, potential live/work use, or possible conversion to additional units (buyer to verify). The barn provides further flexibility for storage, workshop, business use, or adaptive reuse, enhancing both operational and redevelopment options. A rare Humboldt County offering combining current income, expense efficiency, and high-density zoning upside in a prime Arcata location.