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308 10th St, Fortuna, CA, 95540
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Commercial sold for $582,000 in 226 days

308 10th St Fortuna, CA, 95540

Off the market Other

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New roof November 2021. Below-market rents with imminent upside to market rents in downtown Fortuna. Rents on track to raise from $660 to $900/unit ($54K annually; market rent per existing property management company). Fully separately metered; possible subdivision (investigate with City). Excellent rental history. Low-maintenance, bright, desirable units with interior arches, charming built-ins, laundry income, new picnic table in central courtyard. All kitchens face central courtyard; exterior door leads to courtyard. Well-maintained by same property management company since acquired. Walk to middle and high schools, parks, shopping, downtown life, bus line. Close to freeway, Humboldt State University and the Community College. On-site shared laundry provides extra income. Proforma year is 2022-23. First time on the market in 16 years.
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Property details

2,820 sqft interior area
Land area
5,947 sqft (0.14 acres)
Address
308 10th St, Fortuna, CA, 95540
City of California
Fortuna
County
Humboldt
Year Built
1950
District
All Other Counties/states

Nearby major retailers

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Interior Features

Roof
Shingle
Appliances
Refrigerator

Listed by

Amba Jane Desjardins, Coldwell Banker Realty
Name
Amba Jane Desjardins
License number
01501034
Brokerage company
Coldwell Banker Realty
MLS #
ML81856364

Buyer agent

Name
Recip
Brokerage company
Out of Area Office

Payment calculator

Calculate your monthly payments
Mortgage
$1,787
Taxes
$0
HOA dues
$0
$1,787 per month
Mortgage
$116,400 / 20%
2.28%
30 years
Your amount $1,787 / month

Lot details

TMK #040211014
Lot Description
Level
Parcel nr.
040211014

95540 info

Essentials nearby
Neighborhood stats
Coffee shops
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Bus stop
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Supermarket
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Costco
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Hospital
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Park
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no data
Beach
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Elementary school
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Middle school
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High school
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Local airport
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no data

People living in 95540

43%
Families with children
National average: 39%
36%
Non family households
14,305
Population
$56,593
Average Income

Age & gender

Median age 39 years
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Commute types

87% commute by car
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Education level

32% have high school education
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Number of employees

18% work in education and healthcare
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Vehicles available

35% have 2 vehicle
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Vehicles by gender

35% have 2 vehicle
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Housing market insights for

Housing type

67% are single detacheds
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Rooms

48% of the houses have 4 or 5 rooms
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Bedrooms

77% have 2 or 3 bedrooms
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Owners vs Renters

58% are owners
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Price history

Sold Mar 14, 2022
Date Event Price $/sqft Source
Mar 14, 2022 Sold $582,000 0 Public Record
Mar 14, 2022 Price Decrease $582,000 -2.68% 0 MLS #ML81856364
Feb 4, 2022 Under contract $598,000 0 MLS #ML81856364
Aug 1, 2021 New Listing $598,000 0 MLS #ML81856364

Taxes of 308 10th St, Fortuna, CA, 95540

Mult zoning / MLS #ML81856364
Zoning
Mult

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Frequently Asked Questions about 308 10th St

What is 308 10th St?

308 10th St is a Commercial/Industrial propertywith 2,820 sqft interior space.

What is the rental income?

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What is the full address of this Commercial?

308 10th St, Fortuna, CA, 95540.

What comparable properties are nearby?

Comparable nearby commercial properties include 78020 W Moody Rd, 4554 State Highway 36, 1261 N Main St, 1340 Northcrest Dr, 700 N Franklin St, 319 N Franklin St.

Based on information from the bridgeMLS as of 04-27-2024. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 15, 2022
Verhouse Last checked 1 minute ago


The closest grocery stores are Ray's Food Place, 0.58 miles away and Safeway 0975, 0.93 miles away.
The 95540 zip area has a population of 14,305, and 43% of the families have children. The median age is 39.7 years and 87% commute by car. The most popular housing type is "single detached" and 58% is owner.
Commercial Sold $582k 308 10th St, Fortuna, CA, 95540 Save House Remove from Saved