$1,150,000
$1,430,000
19.6%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 07/09/2025
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19073978
Sold Date 07/09/25
HOA Y/N No
Year Built 1980
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
Portfolio consists of five single family residences and a duplex, for a total seven units. These properties are located in Yuba City and represent a good opportunity to own fully occupied units with upside potential. The market in Yuba City is experiencing strong growth. The city was recently named one of the top 10 small towns to do business, has seen rent growth over 10% and has a low vacancy. Taking all that into account the rents are below market by approximately 12.5%. A buyer will either take over management themselves, or hire a strong area third party who can get the rents to market quickly. That will take a strong 4.19% cap rate to at least 4.88%. The properties are located in Yuba City. a great opportunity to add value and increase their yield with smart upgrades and better management in Northern California. (1)268 Arden Ave (2)401 Park Ave (3)1558 Holly Tree (4)1055 Maple Ave (5)1279 Rosemary ln (6)357 Bird St.
Location
State CA
County Sutter
Area 12405
Direction 99 HWY to Franklin, to Littlejohn Road to Bancroft Ave.
Interior
Heating Varies by Unit
Cooling Varies by Unit
Flooring Varies by Unit
Equipment Varies by Unit
Appliance Varies By Unit
Exterior
Parking Features Varies by Unit
Amenities Available Varies By Unit
Roof Type Composition
Building
Story 1
Foundation Raised
Architectural Style Traditional
Schools
Elementary Schools Yuba City Unified
Middle Schools Yuba City Unified
High Schools Yuba City Unified
School District Sutter
Others
Senior Community No
Tax ID 26-143-004
Special Listing Condition None
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