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3rd Avenue

Olivehurst, CA 95961

$539,000 $2,272/Mo

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Overview

Bed

Bath

1,450

Sqft

Description

Unique opportunity with multiple income streams on one parcel in Olivehurst. This property features two separate homes plus an additional unit, offering flexibility for investors or owner-occupants looking to offset their mortgage. The front home is a 2 bed, 2 bath (~1,150 sq ft) currently rented for $1,600/month, and the rear two-story home is a 3 bed, 1.5 bath (~1,450 sq ft) rented for $1,520/month. There is also a middle 2 bed, 2 bath unit generating $720/month (buyer to verify foundation and permits). Total current gross rent is approximately $3,840/month, with potential upside as two of the units appear to be below current market rents. Each unit has its own designated parking, private yard space, and separate mailbox, with fencing between units providing privacy that's hard to find in multi-unit properties. Ideal setup for someone looking to live in one unit and rent the others, or for an investor seeking a property with existing income and future upside. Convenient location with easy access to Hwy 70 and nearby amenities.

Property Details

Property Type : Residential

Price : $539,000

AD Id : 75154438

MLS Id : 226011261

Beds : 3

Living Area Size : 1,450

Year Built : 1986

County : Yuba

Map

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 1

Water/Sewer

Sewer: Public Sewer

Room Information

Total Bedroom: 3
Flooring Information

Luxury Vinyl Plank, Vinyl
Roofing Information

Shingle, Composition
Interior Features

Roof: Shingle, Composition Appliances: Dishwasher, Microwave, Free Standing Electric Oven, Free Standing Electric Range Laundry Features: Gas Hook-Up, Inside Room
Heating & Cooling

Heating: Central, Gas Cooling: Ceiling Fan(s), Central, Wall Unit(s) WaterSource: Public
Fireplace

Number of Fireplaces: 0 Fireplace Features: 0

Building Information

Year Built: 1986 Construction Materials: Stucco, Wood Roof: Shingle,Composition Foundation Details: Raised, Slab
Exterior Features

Foundation Details: Raised, Slab
Laundry Features

Gas Hook-Up, Inside Room

Lot Information

Lot Description: Meadow West, Private, Secluded, Shape Irregular Lot Square Feet: 34,404 Stories: 1 Main Square Feet: 1,450

Property Information

Property Type: Residential Sub Type: 2 Houses on Lot SQ ft (Living Area): 1,450 Construction Materials: Stucco,Wood Property Age: 40 Cross Street: Chestnut rd Source Neighborhood: 12409 Postal Code Plus 4: 4091 Area: Olivehurst S: 95961 Zoning: R-02 Living Area Source: Owner Structure Type: Custom,Detached

Farm Info

Irrigation Source: Private District

Listing Price Information

Listing Id: 226011261 List Price: $539,000 List Price Tot SqFt: $372

Tax Information

Parcel Number: 013-451-024-000

Parking Information

Other

Elementary School District: Marysville Joint

Junior High School District: Marysville Joint

Senior High School District: Marysville Joint
Utility Information

Public, Electric, Natural Gas Available Electric: 220 Volts in Laundry, Other
Location Information

Direction: From CA-70 North, take Exit 18A toward Lindhurst Ave. Continue onto Lindhurst Ave, then turn left onto Olivehurst Ave. At the traffic circle, take the first exit onto Chestnut Rd. Turn left onto 3rd Ave, then turn right to arrive at 1651 3rd Ave, Olivehurst.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Aspen, Olivehurst, CA, 95961	$359,900	4	2	1,220	1,220 SqFt
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Laurel Avenue, Olivehurst, CA, 95961	$411,999	4	2	1,500	1,500 SqFt
Maryclair Drive, Olivehurst, CA, 95961	$539,000	5	4	3,008	3,008 SqFt
Elinor Avenue, Olivehurst, CA, 95961	$328,900	3	1	1,162	1,162 SqFt
Arboga Road, Olivehurst, CA, 95961	$389,900	3	2	1,179	1,179 SqFt
9th Avenue, Olivehurst, CA, 95961	$380,000	3	2	1,065	1,065 SqFt
Twain Drive, Olivehurst, CA, 95961	$339,500	3	1	925	925 SqFt
Powerline Road, Olivehurst, CA, 95961	$277,000	2	1	882	882 SqFt
Bluebell Avenue, Olivehurst, CA, 95961	$424,999	3	2	1,714	1,714 SqFt