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3002-3016 Smith Ln 8 Unit Apartment Building $1,075,000 ($134,375/Unit) Fortuna, CA 95540



Executive Summary
8-unit multi-family apartment complex in Fortuna. Very good condition, single level 2-bedroom 1 bath units each with detached single car garage/storage. Dual pane windows, ample parking, shared coin op laundry (additional income) Owner pays water/sewer and garbage. Monthly rents approx. $9496. Each unit has approximately 840 sq ft of living space. improvements have been made over time and units are in very good condition. Excellent rental history.
Property Facts Under Contract
| Price | $1,075,000 | Building Class | C |
| Price Per Unit | $134,375 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 6,720 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Cross Streets | Rohnerville |
| Apartment Style | Low-Rise | ||
| Zoning | Multi-family - Multi-family located in a multi-family mixed use area. Small town, easy drive to amenities. | ||
| Price | $1,075,000 |
| Price Per Unit | $134,375 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 6,720 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Cross Streets | Rohnerville |
| Zoning | Multi-family - Multi-family located in a multi-family mixed use area. Small town, easy drive to amenities. |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 840 |
1 1
Property Taxes
| Parcel Number | 200-151-020-000 | Improvements Assessment | $598,566 |
| Land Assessment | $156,388 | Total Assessment | $754,954 |
Property Taxes
Parcel Number
200-151-020-000
Land Assessment
$156,388
Improvements Assessment
$598,566
Total Assessment
$754,954
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3002-3016 Smith Ln
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