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Listed price in listed location currency (USD).
$1,100,000

002

MLS® 272199

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1962
MLS® Number 272199

Property Address: 380 Granite Ave, Arcata, CA, 95521-4964

Average square foot calculated using Size range provided by listing agent.

Description

Classic Mid Century architect-designed apartments, 7 units total in two buildings superbly located within 50 feet of Cal Poly Humboldt campus. Single family ownership since 1962. Rare opportunity to secure a legacy property in excellent condition with a non-existent vacancy factor. Each apartment is light and bright, featuring vaulted ceilings, large view windows, fully contained kitchens, bathrooms with showers, sink and toilet, carports and off-street parking. Wood wall paneling and low pile carpeting, plus vinyl. Located almost directly across from Jolly Giant Commons on the Cal Poly campus, there are two buildings. The one at 380 Granite referred to as Building 2, was built in 1975, double-pane windows , and has three units. The upper building referred to as Building 1 has four unit and has single-pane windows. Heat is wall heater or baseboard heaters. Tenants pay utilities, but owner pays water and sewer. 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. 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 1, and Seller or Buyer can replace, depending on timing. All other leases expire June 1, 2027.
MLS® Number272199
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
Driveway1 - 10 Spaces, On Site, Paved, Under Cover, Other-Spec in Remark
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
380 Granite Ave, Arcata, CA

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