Many earthquakes occur along the North Coast of California in the vicinity of the Mendocino Triple Junction (MTJ), where the Pacific, Gorda, and North American (NA) plates meet, and on the adjacent plate boundaries. The MTJ marks the nexus of the Mendocino and San Andreas faults with the Cascadia subduction zone (CSZ). Historically, most large earthquakes around the MTJ have been within the offshore Gorda plate and its subducted portion beneath the NA plate. North of the MTJ, active faults mapped in the NA plate are part of the CSZ fold‐and‐thrust belt. Although some events have been detected in the NA plate, no large historic events have been associated with mapped surface faults. The 21 December 1954 M_w 6.5 earthquake in Humboldt County is one possible exception. Using published data from catalogs and articles, unpublished data from Berkeley’s archives, and S‐P times interpreted from two U.S. Coast and Geodetic Survey (USCGS) accelerometers, we determine a probability cloud for the earthquake’s hypocenter using NonLinLoc. The highest probability location lies beneath Fickle Hill just east of the city of Arcata, California, at 40.87° N, 124.03° W, and ∼11 km depth. Using P‐wave polarities from Berkeley stations and the digitized waveforms from the accelerometers, we find that the focal mechanism most consistent with the data indicates thrust movement with strike, dip, and rake of 350°, 10°, and 90°, respectively, at a depth of 14 km. Given the depth uncertainties of both this event and the megathrust, this implies that the earthquake most likely took place on the subduction interface rather than on the mapped faults in the Mad River fault zone that trend 322° and dip to the northeast. The revisited intensity in the epicentral region also supports a location beneath Fickle Hill to the east of the city of Arcata, California.