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731 9th St
Crescent City, CA 95531
Value-Add Multifamily with Cash Flow · Multifamily Property For Sale
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12 Units
Investment Highlights
- 731 9th St is an income-generating, ready-for-renovation complex that offers 12 units and is 91% occupied.
- The 4,704 SF property is a former motel with 12 current units on two floors.
- Surrounded by national retailers such as Safeway, Walmart Supercenter, Starbucks, McDonald’s, CVS, The Home Depot, and many local businesses.
- Located in Crescent City, a coastal opportunity zone in northern California, and is close to the Del Norte County Regional Airport.
- Adjacent to L and M Streets, a combined surplus of more than 24,000 VPD pass by 9th Street, a major incentive for new ownership and pylon signage.
Property Facts
| Sale Condition | Auction Sale | Lot Size | 0.22 AC |
| Type of Ownership | Fee Simple | Building Size | 4,704 SF |
| No. Units | 12 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1952 |
| Apartment Style | Low-Rise | Parcel Number | 118-230-023-000 |
| Building Class | C | ||
| Zoning | RP | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,704 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1952 |
| Zoning | RP |
| Parcel Number | 118-230-023-000 |
Amenities
Site Amenities
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 7 | - | - |
| 3+1 | 1 | - | - |
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