1516 Myrtle Ave, Eureka, CA, 95501
About This Home
Great investment opportunity! Keep as a rental or for owner occupancy with rental income. Centrally located triplex with strong rental history. Newer well maintained complex with three 1 Bedroom/1 Bath units and a common coin-op laundry room. Owner pays for landscaping and trash. Tenant pays for water/sewer and PG&E (separately metered). Low overhead, strong cash flow investment property with close proximity to downtown Eureka, hospitals and public transit make this a landlord's dream.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Pillar/Post/Pier
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas,Free-Standing Refrigerator
- Laundry features: Coin Op
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Dining Nook
- Window features: Double Pane Windows
- Flooring: Carpet,Vinyl
Heating
- Heating features: Natural Gas,Wall Furnace
Interior Area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Details
- Parcel number: 006242035000
Features
- Fencing: None
- Has view: Yes
- View description: Bay,City Lights
- Has water view: Yes
- Water view: Bay
Lot
- Lot size: 4,356 sqft
- Features: None
- Lot size dimensions: 50 x 120
Parking
- Total spaces: 3
- Parking features: 1 - 10 Spaces,On Site,Paved,Private
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Humboldt County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,523 | $30,276 |
| Home Insurance * | $167 | $2,004 |
| Property Taxes | $429 | $5,148 |
| Electricity | $428 | $5,146 |
| Total | $3,547 | $42,564 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $499,000 |
View on Zillow