We are Proudly the exclusive advisor to Ownership in the disposition of the fee simple interest in 1903 Albee Street, in the City of Eureka, CA. Currently 100% occupied with below-market rents and 8 unrenovated units, 1903 Albee Street presents a strong value-added opportunity for an investor. Comprising 11 units, including 7 two-bedroom, 3 one-bedroom, and 1 studio, this property offers a desirable unit mix for a variety of tenants. Situated on a corner lot, with on-site parking, and nearby to desirable amenities in Eureka, the property offers ease of access and a desirable location for tenants to live.
Great location in Henderson Center, Eureka. Easy access to banks, restaurants and other retail services. Two retail tenants, bank and upstairs office with potential for live/work space
This is a local neighborhood commercial district in Henderson Center Eureka. The out of area owners inherited the property and are highly motivated to sell. Location is easy walk to banks, restaurants and other retail services.
Eureka is located in California. Eureka, California has a population of 26,763. Eureka is more family-centric than the surrounding county with 27.6% of the households containing married families with children. The county average for households married with children is 25.91%.
The median household income in Eureka, California is $46,926. The median household income for the surrounding county is $53,350 compared to the national median of $69,021. The median age of people living in Eureka is 38.2 years.
The average high temperature in July is 65 degrees, with an average low temperature in January of 41.1 degrees. The average rainfall is approximately 45.7 inches per year, with 0.5 inches of snow per year.