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  • $675,000

    503 L St, Crescent City, CA 95531

    2beds
    2baths
    8,000sqft
    Single Family Residence
    Built in 1953
    0.51 Acres Lot
    $573,900 Zestimate®
    $84/sqft
    $1,972 Estimated rent

    Home value

    $573,900

    $459,000 - $700,000

    $1,972/mo

    Zestimate® history
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    What's special

    Separate commercial lease spaceElectric meterSeparate bathroomPlenty of roomTraffic noiseBig windowsExpansive commercial warehouse space
    Residential and Commercial Building with Laundromat plus Barber Shop Lease space. Beautiful & Spacious upstairs Studio Apartment unit features a very comfortable 1,800 sqft of residence with plenty of room for guests. Galley-style kitchen has been updated with SS appliances. Very nice feature is the huge built in hutch with glass doors. Bathroom is very nice with beautiful custom tile floor & claw foot tub w/shower. Several skylights let the sun pour into this wonderful living space. Spacious and comfortable w/original real hardwood floors & vaulted ceiling. Located in the heart of downtown Crescent City, yet inside the residence it is so quiet, it's hard to believe that you are downtown, hardly any traffic noise, it is a must see. This lovely 2nd story residence is located above an expansive commercial warehouse space that is currently a laundromat with a bathroom. 2 lots with paved parking and a drive through. Separate from main warehouse area is another approx. 1200 sqft of open space with cabinets & shelves with a drop ceiling & big windows. Entire building offers 8000+ sqft. There is also another separate commercial lease space, approx 1,000 sqft, currently leased to a very busy barbershop that has been recently remodeled very nicely & has it's own separate bathroom & electric meter. More space is readily available for potential to expand and possibly offer more space for lease. There are 3 other separate units, each approx 260 sqft with 2 of them having separate exterior doors. Another space is approx. 450 sqft and has a sink, is set-up for a dishwasher (previously had one) plus offers a large sliding door w/loading dock. Detached storage container unit is approx. 10' x 40'. Plenty of paved parking area. Great corner location. Many possibilities, check with city planning to see what is allowed. Truly a wonderful investment opportunity with a spacious residence plus monthly income. Seller will include all of the laundry business machines & equipment in case someone wants to continue with the laundromat business. Seller is retiring, Seller is not selling the business, but is leaving the equipment in case a new owner may want to work and run a laundry business. Some of the equipment needs repair, but a lot of the equipment is still in working order therefore offering a money-making opportunity. Shown by Appointment only.

    Zillow last checked:

    Listing updated:

    Listed by:

    ROSE PEASLEY Cell:707-954-5024,

    RE/MAX Coastal Redwoods

    Bought with:

    ROSE PEASLEY

    Source: DNMLS,MLS#: 230378MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Zoned
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Electric Oven, Electric Water Heater
    Features
    • Breakfast Bar, Cabinets In Utilities, Cable, Eat-in Kitchen, Storage, Ceiling Fan(s), Recessed Lighting, Track Lighting
    • Flooring: Carpet, Hardwood, Vinyl
    • Windows: Drapes/Curt/Blinds, Skylight(s), Double Pane Windows
    Interior area
    • Total structure area: 8,000
    • Total interior livable area: 8,000 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Rain Gutters, Lighting
    • Fencing: Partial
    • Has view: Yes
    • View description: Area
    Lot
    • Size: 0.51 Acres
    • Features: Within City Limits
    • Topography: Level
    Details
    • Additional structures: Workshop
    • Parcel number: 118160014000
    • Zoning description: C2
    • Other equipment: Propane Gas Tank

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Frame
    • Foundation: Slab
    • Roof: Composition,Rolled/Hot Mop
    Condition
    • Exterior: Above Average,Average,Interior: Above Average,Average
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Wtr Swr
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Propane, Separate Meters, Sewer Connected

    Community & neighborhood

    Security
    • Security features: Security System, Smoke Detector(s), Security Gate
    Community
    • Community features: Curbs, Sidewalks, Street Lights
    Location
    • Region: Crescent City

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/28/2025Sold$675,000+9.8%$84/sqft
    Source: DNMLS #230378 Report a problem
    9/12/2025Pending sale$615,000$77/sqft
    Source: DNMLS #230378 Report a problem
    5/30/2025Price change$615,000-21.7%$77/sqft
    Source: DNMLS #230378 Report a problem
    1/3/2025Listed for sale$785,000$98/sqft
    Source: DNMLS #230378 Report a problem
    12/18/2024Listing removed$785,000$98/sqft
    Source: DNMLS #230378 Report a problem
    8/22/2024Listed for sale$785,000$98/sqft
    Source: DNMLS #230378 Report a problem
    4/13/2024Contingent$785,000$98/sqft
    Source: DNMLS #230378 Report a problem
    9/23/2023Listed for sale$785,000$98/sqft
    Source: DNMLS #230378 Report a problem
    3/20/2023Listing removed--
    Source: RE/MAX International Report a problem
    2/17/2023Pending sale$785,000$98/sqft
    Source: RE/MAX International Report a problem
    2/6/2023Listed for sale$785,000$98/sqft
    Source: RE/MAX International #230037 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,079 +3.5%$576,082 +1.3%
    2024$5,875 +1.4%$568,890 +1.2%
    2023$5,794 +2.5%$562,201 +2.3%
    2022$5,655 +2%$549,752 +3.3%
    2021$5,545 +2.3%$532,059 +2.6%
    2020$5,421 +0.4%$518,574 +0.7%
    2019$5,398 $514,731 +0.5%
    2018$5,398 $512,154 +2.6%
    2017-- $499,259 +0.4%
    2016-- $497,349 -0.4%
    2015$5,212 -0.4%$499,330 +15.6%
    2014$5,233 $431,985 -13.5%
    2013-- $499,204 +0.4%
    2012-- $497,312 +9.7%
    2011-- $453,413 -9%
    2010-- $498,420 -2.2%
    2009-- $509,819 -0.5%
    2008-- $512,126 +4.8%
    2007-- $488,607 +5%
    2006-- $465,174 +8.6%
    2005-- $428,194 +15%
    2004-- $372,460 +1.9%
    2003-- $365,634 +2%
    2002-- $358,465 +2%
    2001-- $351,437

    Find assessor info on the county website

    Neighborhood: 95531

    Nearby schools

    GreatSchools rating
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