• Arboga Road Olivehurst, CA 95961

  • $1,555,000

  • Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

Recently built income producing property. 8 separate homes on .46 acre lot. 5 of the 8 homes were built in the last 6 years. Unit count includes: 2 - 2 bedroom 1 bath units + 1 - 2 bedroom 1.5 bath unit + 5 - 1 bedroom 1 bath units. Gross received rents in 2023 total $104,175. Net after expenses totaled $88,208. The units are completely turn key and do not require repairs. Units are individually metered and professionally managed. The newer units are fire sprinklered and include modern design elements such as 9' ceilings, tile floors, wide doorways, led lighting, ultra-efficient heat pumps HVAC systems, granite kitchens, and individual washer/dryers. Each home also has it's own dedicated parking and several of the units include fenced private patios.Truly a turn key investment opportunity in an area that is rapidly appreciating.

Property Type :

ResidentialIncome

County :

Yuba

Style :

ResidentialIncome

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Property Details

 

Bedroom Information

Window Feature : Dual Pane Full,Weather Stripped,Low E Glass Full,Varies by Unit,See Remarks

Water/Sewer

Sewer: Sewer Connected,Public Sewer

Room Information

Other Rooms : 11

Interior Features

Roof : Shingle,Composition

Appliances : Varies By Unit,See Remarks

Laundry Features: In Each Unit,Varies by Unit,Laundry Closet,Other,Washer/Dryer Hookups

Roofing Information

Shingle,Composition

Flooring Information

Tile,Laminate

Heating & Cooling

Heating: Ductless,Electric,Heat Pump,Varies by Unit

Cooling: Ductless,Heat Pump,Varies by Unit

Water Source: Meter on Site

Energy

Green Energy: Appliances,Insulation,Lighting,Cooling,Water Heater,Heating,Windows

Building Information

Year Built: 2018

Stories: 1

Construction: Cement Siding,Frame,Wall Insulation,Lap Siding,Wood

Basement: None

Roof: Shingle,Composition

Foundation Details: Concrete, Slab

Exterior Features

Foundation Details: Concrete, Slab

Porch: Uncovered Patio,Covered Patio,Varies by Unit

Accessibility Features

AccessibleDoors

Laundry Features

In Each Unit,Varies by Unit,Laundry Closet,Other,Washer/Dryer Hookups

Patio And Porch

Uncovered Patio,Covered Patio,Varies by Unit

Lot Information

Lot Description: Private,Other

Lot Square Feet: 20,038

Stories: 1

Topography: Level

Property Information

Property Type: ResidentialIncome

Sub Type: 5 or More Units

Style: A-Frame,Cottage,Traditional

Construction Materials: Cement Siding,Frame,Wall Insulation,Lap Siding,Wood

Property Age: 6

Cross Street: Feather River Blvd.

Source Neighborhood: 12409

Area: Olivehurst S: 95961

Zoning: Multi-family

Structure Type: House(s)

Farm Info

Irrigation Source: Irrigation Connected,See Remarks

Listing Price Information

Listing Id: 224053428

List Price: $1,555,000

Tax Information

Parcel Number: 020-134-003-000

Parking Information

Parking Total: 11

Off Street,Uncovered

Homeowners Association Information

Association YN : No

Calculated Total Monthly Association Fees : $0

School Information

Elementary School District: Marysville Joint

Junior High School District: Marysville Joint

Senior High School District: Marysville Joint

Utility Information

Natural Gas Connected,Cable Connected,City,Electric,Internet Available,Other

Location Information

Direction: Hwy 70 to Feather River Blvd to Arboga Road

Homes around $1,555,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6th Avenue, Olivehurst, CA,95961 $295,000 2 1 816 --
N Gledhill Avenue, Olivehurst, CA,95961 $280,000 2 2 1,200 --
Partridge Parkway, Olivehurst, CA,95961 $424,900 3 2 1,635 --
Sundari Avenue, Olivehurst, CA,95961 $479,999 3 3 2,283 --
Martel Drive, Olivehurst, CA,95961 $375,000 3 2 1,080 --
14th Street, Olivehurst, CA,95961 $310,000 3 2 1,080 --
Maryclair Drive, Olivehurst, CA,95961 $550,000 5 3 3,008 --
9th Avenue, Olivehurst, CA,95961 $299,999 3 2 1,296 --
5621 Arboga Road, Olivehurst, CA,95961 $1,850,000 -- -- -- --
Skyway, Olivehurst, CA,95961 $455,000 -- -- -- --

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ByOwner last updated this listing 06/02/2024 @ 08:10

MLS: 224053428
LISTED BY: Jorge Vega, Titan Real Estate &Development
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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