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3200 Matthew Ln 12 Unit Apartment Building $2,300,000 ($191,667/Unit) Fortuna, CA 95540
Investment Highlights
- 12 Units Plus Garages
- In Great Fortuna Location
- On-Site Laundry
Executive Summary
Multi-family investment opportunity in Fortuna, CA consisting of 12 apartment units plus garage income across 15 APN parcels. The portfolio includes 8 units on Matthew Ln and 4 units on Charles Pl, located in a quiet residential neighborhood with strong rental demand. The property also features on-site laundry providing additional income. Units are conveniently located near schools, parks, downtown Fortuna and Highway 101 with easy access throughout Humboldt County. Multiple parcels provide flexibility and long-term investment potential. Established tenancy offers immediate income with upside through future rent adjustments and operational improvements. Please do not disturb tenants.
Property Facts
| Price | $2,300,000 | Apartment Style | Townhome |
| Price Per Unit | $191,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 12 | Building Size | 11,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2001 |
| Zoning | Multi-Family - Multi-Family | ||
| Price | $2,300,000 |
| Price Per Unit | $191,667 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 11,000 SF |
| No. Stories | 2 |
| Year Built | 2001 |
| Zoning | Multi-Family - Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
| 2+1.5 | 4 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,726,974 | |
| Land Assessment | $470,943 | Total Assessment | $2,197,917 |
Property Taxes
Parcel Numbers
Land Assessment
$470,943
Improvements Assessment
$1,726,974
Total Assessment
$2,197,917
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3200 Matthew Ln
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