$1,425,000
Fortuna, CA 95540
MLS# 272257
5357 sqft
1 / 35
Property Description
Fortuna 9-unit apartment complex.The property offers a variety of unit sizes accommodating different tenant needs, including 2 spacious 2-bedroom units, 6 well-designed 1-bedroom units, and 1 studio apartment. All units have separate meters for power, gas, water and sewer. Each unit has its own forced air heater, appliance package and off street parking. There are 5 separate storage closets available for rent, providing additional income opportunities. Additionally, there's a generously sized garage that the owner is currently using but can also be rented out for additional rental income. The units underwent a large renovation recently and are professionally managed. Low vacancy rate and easy access to city services. 1031 exchange buyers welcome.
Details
Maps
Listing Information
Status: Active
List Date: 2026-05-10
List Price: $1,425,000
Current Price: $1,425,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 5-10 Units
Garage Type: None
Lot Size: .25 - .49 Acres
Lot Dimensions: 90 x138
Lot Acres: 0.28
Accessory Dwelling Unit: No
Appearance: Very Good
List Price/SqFt: 266.01
Building Description
Main House SqFt: 5357
Historic Registry: No
Gated Entry: No
Total Units: 9
Year Built: 1948
Location Legal and Taxes
Area: Mid County
House Number: 312
Street Dir Prefix: N
Street Name: Fortuna
Street Suffix: Boulevard
Sub-Area: Fortuna
State: CA
Zip Code: 95540
Cross Street: Alder
Directions and Remarks
Directions: Intersection of North Fortuna Blvd and Alder Dr
Schools
Elementary School: South Fortuna
High School: Fortuna
RV Parking
Room for RV Parking: No
Miscellaneous
Privacy: No
Timber: No
Surveyed: No
Sidewalk: Yes
Alley: No
Security Deposit: Yes
Total Units By Type
# Studio Units: 1
# 1 Bedroom Units: 6
# 2 Bedroom Units: 2
# Full Baths: 9
# of Ranges: 9
# of Refrigerators: 9
# of Water Heaters: 9
Property Features
Fenced: None
Zoning: Commercial
Possession: At Close of Escrow
Levels: 2 Story
Parking: 11 - 20 Spaces; On Site; Paved
Kitchen: Range; Refrig
Foundation: Concrete Perimeter
Siding: Cement Composite; Wood
Insulation: Dual Pane Window
Heating: Forced Air; Natural Gas
Construction: Wood Frame
Driveway: Concrete
Water: Public
Sewer: Public
Lot Description: Flat
Road: Curbing; Paved; Public; Sidewalks
Utilities: 110 Volts; Circuit Breaker; Natural Gas; Separately Metered
Flooring: Carpeted; Laminate; Vinyl
Financing Terms: Cash; Conventional; Exchange
Listing Office: Humboldt Equity, Inc.
Last Updated: May - 13 - 2026
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.
Monday 25th of May 2026 07:12 PM