$1,100,000
Arcata, CA 95521
MLS# 272199
4791 sqft

1 / 85
Property Description
Classic Mid Century architect-designed apartments, 7 units total in two buildings superbly located within 50 feet of Cal Poly Humboldt campus. Single family ownership since 1962. Rare opportunity to secure a legacy property in excellent condition with a non-existent vacancy factor. Each apartment is light and bright, featuring vaulted ceilings, large view windows, fully contained kitchens, bathrooms with showers, sink and toilet, carports and off-street parking. Wood wall paneling and low pile carpeting, plus vinyl. Located almost directly across from Jolly Giant Commons on the Cal Poly campus, there are two buildings. The one at 380 Granite referred to as Building 2, was built in 1975, double-pane windows , and has three units. The upper building referred to as Building 1 has four unit
Details
Maps
Documents
Listing Information
Status: Active
List Date: 2026-05-03
List Price: $1,100,000
Current Price: $1,100,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 5-10 Units
Gar Stls: 2
Garage Type: Carport
Lot Size: .25 - .49 Acres
Lot Dimensions: 100 X 151 X 135 X 140
Lot Acres: 0.37
Accessory Dwelling Unit: No
Appearance: Very Good
List Price/SqFt: 229.6
Building Description
Main House SqFt: 4791
Historic Registry: No
Gated Entry: No
Total Units: 7
Year Built: 1962
Location Legal and Taxes
Area: North Bay
House Number: 380
Street Name: Granite
Street Suffix: Avenue
Sub-Area: Arcata
State: CA
Zip Code: 95521
Cross Street: Lk Wood
Directions and Remarks
Directions: Confusing because 380 Granite is one building ( Building #2) , and uphill from that, fronting on 24th Street is the other Building #1. Best to park at 380 Granite, if possible. There is a carport and hopefully three extra parking spaces outside carport and available.. Easy to walk uphill to other Building #1, or drive to end of 24th Street and park near carport for Building #1.
Schools
Elementary School: Arcata
Middle School: Sunnybrae
High School: Arcata
RV Parking
Room for RV Parking: No
Miscellaneous
Privacy: Yes
Surveyed: Unknown
Sidewalk: Yes
Alley: No
Security Deposit: Yes
Total Units By Type
# Studio Units: 2
# 1 Bedroom Units: 4
# 2 Bedroom Units: 1
# Full Baths: 7
# of Heating Units: 7
# of Ranges: 7
# of Refrigerators: 7
# of Water Heaters: 7
Annual Gross Income: 88000
Annual Expenses: 20
Property Features
View: City Lights
Fenced: Partial
Zoning: Multi-Family
Possession: At Close of Escrow
Levels: Split Level
Parking: 1 - 10 Spaces; On Site; Paved; Under Cover; Other-Spec in Remark
Kitchen: Dining Nook; Elec; Range; Refrig
Dining: Combination
Living: Cathedral/Vault; Deck Off
Foundation: Concrete Perimeter; Slab
Siding: Shingle; Wood
Roof: Composition Shingle
Insulation: Floor; Wall; Other
Heating: Baseboard; Natural Gas; Wall
Construction: Wood Frame
Driveway: Asphalt; Gravel
Water: Public
Sewer: Public
Lot Description: City Lights View; Near Public Trans; Sloping
Road: Deadend; Gravel; Paved; Public
Exterior Amenities: Deck; Out Building
Utilities: Circuit Breaker; Electric; Natural Gas; Separately Metered; Shared Metered
Flooring: Carpeted; Vinyl
Financing Terms: Cash; Conventional
Supplements
and has single-pane windows. Heat is wall heater or baseboard heaters. Tenants pay utilities, but owner pays water and sewer.
Each apartment is unique.
New roofs - Apt 3a- 2001
Apts 1,2,3- 2019
Apts 4,5,6- 2022
Seller has regularly kept apartments in good and rentable condition. At time of tenancy turnover, apartments are regularly cleaned, painted, re-carpeted if necessary, and any updates or repairs are completed. On-going maintenance involves cleaning roots out of sewer lines at Building 1. Look in Documents for the Commercial property Questionnaire and the Addendum filled out by Seller. There are no current inspections for this property.
Sewer lateral was completed to City of Arcata standards for Building 2, but Building 1, the oldest building on site, is still on-going.
Apartment 1 is vacant, so if a buyer chooses, they can get their own tenant. Apartment 3 is not renewing their lease and they will be leaving by May 30. Seller will replace tenant for move-in date of June 1.
Apartment 3A will be leaving by August 1, and Seller or Buyer can replace, depending on timing. All other leases expire June 1, 2027.
Listing Office: Coldwell Banker Sellers Realty
Last Updated: May - 11 - 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 07:54 PM
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