$2,400,000
Arcata, CA 95521
MLS# 271572
10480 sqft
1 / 121
Property Description
Situated on a 1.84-acre parcel near Cal Poly Humboldt, this income-producing property offers both immediate cash flow and long-term development potential. The site includes ten existing rental units—six 2-bedroom, 1.5-bath units and four 1-bedroom, 1-bath units—along with a custom main residence, attached garage, and a large, versatile barn. The property is zoned RH - High Density Residential per City of Arcata rezoning, allowing up to 50 units per acre (buyer to verify setbacks, density, and development standards). This zoning presents a compelling opportunity for expansion, redevelopment, or reconfiguration in a supply-constrained rental market near a major university. All rental units are separately metered, with tenants responsible for water, sewer, and PG&E,
Details
Maps
Listing Information
Status: Active
List Date: 2026-02-12
List Price: $2,400,000
Current Price: $2,400,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 2 Story
Gar Stls: 2
Garage Type: Attached
Lot Size: 1 - 1.99 Acres
Lot Dimensions: 213.87 x 119.7 x 117.81 irr
Lot Acres: 1.84
Accessory Dwelling Unit: No
Appearance: Very Good
List Price/SqFt: 229.01
Building Description
Main House SqFt: 10480
Historic Registry: No
Total Units: 11
Year Built: 1991
Location Legal and Taxes
Area: North Bay
House Number: 3122
Street Name: St Louis
Street Suffix: Road
Sub-Area: Arcata
State: CA
Zip Code: 95521
Cross Street: Janes Creek Dr
Directions and Remarks
Directions: L K Wood to St. Louis Road overpass to St Louis Road. Coming from the North Spears Avenuet to St. louis Road across from Janes Creek Subdivision Entrance.
Schools
Elementary School: Arcata
Middle School: Sunnybrae
High School: Arcata
RV Parking
Room for RV Parking: Yes
Miscellaneous
Sidewalk: Yes
Total Units By Type
# 1 Bedroom Units: 4
# 2 Bedroom Units: 6
# 3 Bedroom Units: 1
# Full Baths: 12
# of Half Baths: 7
# of Heating Units: 11
# of Ranges: 11
# of Refrigerators: 11
# of Water Heaters: 11
Property Features
View: Woods
Fenced: Partial
Zoning: Single Family; Multi-Family
Possession: At Close of Escrow
Levels: 2 Story
Parking: 11 - 20 Spaces; Attached; Detached; On Site; Paved; Private
Kitchen: Dining in Kitchen; Dishwasher; Range; Refrig
Dining: Cathedral Vault; Combination; Open; Other-Spec in Remark
Living: Deck Off
Family: Large
Foundation: Concrete Perimeter; Slab
Laundry: Coin Op; Dryer; Washer
Siding: Wood; Other
Roof: Composition Shingle
Insulation: Dual Pane Window; Unknown
Heating: Forced Air; Wall
Construction: Wood Frame
Driveway: Gravel; Shared
Water: Public
Sewer: Public
Lot Description: Flat; In Town; Sloping
Road: Dirt; Gravel; Paved; Sidewalks
Interior Amenities: Wood Stove
Exterior Amenities: Deck; Out Building; Skylight
Utilities: 220 Volts; Circuit Breaker; Electric; Gas; Natural Gas; Separate Laundry; Separately Metered; Telephone; Underground
Flooring: Carpeted; Tile; Vinyl; Wood
Financing Terms: Owner Carry 1st
Documents: Maps - Public; Photos - Public
Supplements
Minimizing owner expenses and improving net operating income. The main home features custom 1980's design elements and offers multiple value-add scenarios, including owner-occupancy with rental income, potential live/work use, or possible conversion to additional units (buyer to verify).
The barn provides further flexibility for storage, workshop, business use, or adaptive reuse, enhancing both operational and redevelopment options.
A rare Humboldt County offering combining current income, expense efficiency, and high-density zoning upside in a prime Arcata location.
Listing Office: Azalea Realty
Last Updated: February - 18 - 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.
Sunday 22nd of February 2026 12:02 AM