1533 Oregon St - Apartments FOR SALE


Crescent City, CA 95531
$350,000 USD
530-742-8331
1533 Oregon St, Crescent City, CA for Sale
$350,000 USD
Apartments - FOR SALE
1/1
null | 6.23% Cap Rate

1533 Oregon St
Crescent City, CA 95531


HIGHLIGHTS

  • Two units currently occupied, generating $2,600 monthly income.
  • Includes two garages.
  • Two units feature two bedrooms and two bathrooms each.
  • One unfinished one-bedroom, one-bath unit offers value-add potential.

OVERVIEW

This Crescent City triplex offers a compelling investment opportunity with immediate income and future upside. Two of the three units are currently occupied, generating $2,600 per month in rental income, providing a strong foundation for cash flow from day one. The property includes two spacious two-bedroom, two-bath units and an additional one-bedroom, one-bath unit that is unfinished, allowing for value-add potential through renovation. Situated in a quiet neighborhood with convenient access to local amenities, schools, and major routes, this property combines stability with growth potential. Two garages and ample space on the lot add to its functionality and tenant appeal. Whether you are an experienced investor or seeking your first multi-unit property, this asset offers both current returns and the opportunity to increase income through improvements. Gross income of $2,600 per month. Cap rate estimated.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

3

PRICE/UNIT

$116,667

CAP RATE

6.23%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-4

APN/PARCEL ID

116-154-012-000

ASK ABOUT THIS PROPERTY

Michael HooperHooper InvestmentsMore Info
530-742-8331

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Michael HooperHooper InvestmentsMore Info
530-742-8331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.