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505 Pacific Ave
Crescent City, CA 95531
Driftwood Apartments · Multifamily Property For Sale
·
36 Units
Investment Highlights
- Stabilized Asset with Significant Upside - Near 18% Delta Between In-Place and Market Rents
- Incredibly Low-Vacancy Market - Stable Population with Limited Planned Additional Supply
- Recent Capital Expenditures - Roofs Replaces Throughout; Partial Windows, Decks, Electrical Panels
Property Facts
| No. Units | 36 | Lot Size | 1.86 AC |
| Property Type | Multifamily | Building Size | 34,394 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.86 AC |
| Building Size | 34,394 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.54/1,000 SF |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 36 | - | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,866,675 | |
| Land Assessment | $429,788 | Total Assessment | $3,296,463 |
Property Taxes
Parcel Numbers
Land Assessment
$429,788
Improvements Assessment
$2,866,675
Total Assessment
$3,296,463
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