Residential and Commercial Building. Beautiful & Spacious Studio 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 4500 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.
Active
Price cut: $170K (5/30)
$615,000
503 L St, Crescent City, CA 95531
2beds
2baths
4,500sqft
Est.:
Single Family Residence
Built in 1953
0.51 Acres Lot
$737,300 Zestimate®
$137/sqft
$-- HOA
What's special
Separate commercial lease spaceElectric meterSeparate bathroomPlenty of roomTraffic noiseBig windowsExpansive commercial warehouse space
- 477 days
- on Zillow |
- 344 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 11:04am
Listed by:
ROSE PEASLEY Cell:707-954-5024,
RE/MAX Coastal Redwoods
Source: DNMLS,MLS#: 230378

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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: 4,500
- Total interior livable area: 4,500 sqft
Video & virtual tour
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 & HOA
Community
- Features: Curbs, Sidewalks, Street Lights
- Security: Security System, Smoke Detector(s), Security Gate
Location
- Region: Crescent City
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $568,890
- Annual tax amount: $5,875
- Date on market: 4/2/2024
- Electric utility on property: Yes
- Road surface type: Paved
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