Melton Drive
Yuba City, CA 95991
21,019Sqft(Lot)
Acres (Lot)
--Pheasant Court presents a rare opportunity to acquire a well-maintained, 32-unit apartment complex in the heart of Yuba City. Built in 1991, the property consists of a strong unit mix with a studio, (7) one-bedrooms, and (24) two-bedroom units ideal for attracting a broad tenant base. Strategically located near retail, schools, and major freeway access, Pheasant Court benefits from consistent tenant demand and minimal vacancy. At an average price of **$132,258 per door**, this offering sits below replacement cost, presenting immediate value and significant long-term upside through rent growth and operational efficiencies. Whether you're expanding your portfolio or entering a stable submarket with strong fundamentals, Pheasant Court is an ideal value-add or long-term hold opportunity
Property Details
Map
Map
Features
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Flooring Information
Varies by Unit -
Interior Features
Laundry Features: Coin Operated, Washer/Dryer Leased -
Heating & Cooling
Heating: Central, Wall Furnace, Varies by Unit Cooling: Central, Wall Unit(s), Varies by Unit WaterSource: Public
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Building Information
Year Built: 1991 Stories: 2 Construction Materials: Stucco, Frame Foundation Details: Slab -
Exterior Features
Foundation Details: Slab -
Laundry Features
Coin Operated, Washer/Dryer Leased
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Lot Information
Lot Description: Shape Regular Lot Square Feet: 32,234 Stories: 2 Main Square Feet: 21,019Property Information
Property Type: ResidentialIncome Sub Type: 5 or More Units SQ ft (Living Area): 21,019 Construction Materials: Stucco,Frame Property Age: 35 Cross Street: Gray Ave Source Neighborhood: 12404 Area: Yuba City S: 95991 Zoning: R3 Structure Type: ApartmentsFarm Info
Irrigation Source: None
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Listing Price Information
Listing Id: 225049622 List Price: $4,100,000 List Price Tot SqFt: $195
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Tax Information
Parcel Number: 051-152-010-000
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Parking Information
Parking Total: 48 Covered
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Elementary School District: Yuba City UnifiedJunior High School District: Yuba City UnifiedSenior High School District: Yuba City Unified
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Utility Information
Electric, Sewer In & Connected -
Location Information
Direction: Hwy 99 to Queens, to Gray to Melton.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Reeves Avenue, Yuba City, CA, 95991 | $799,000 | -- | -- | 3,150 | 6,534 Sqft(Lot) |
| Oswald Road, Yuba City, CA, 95991 | $1,250,000 | -- | -- | -- | 674,744.40 Sqft(Lot) |
| Sutter Street, Yuba City, CA, 95991 | $295,500 | -- | -- | -- | Acres (Lot)-- |
| Forbes Avenue, Yuba City, CA, 95991 | $999,000 | -- | -- | 4,350 | Acres (Lot)-- |
| 443 Robinson Avenue, Yuba City, CA, 95991 | $1,750,000 | -- | -- | -- | Acres (Lot)-- |
| Gledhill Road, Yuba City, CA, 95991 | $325,000 | -- | -- | -- | 108,900 Sqft(Lot) |
| 3.28 AC. Railroad Avenue, Yuba City, CA, 95991 | $415,000 | -- | -- | -- | 142,876.80 Sqft(Lot) |
| Hwy 99, Yuba City, CA, 95991 | $3,750,000 | -- | -- | -- | Acres (Lot)-- |
| Vittoria Ct, Yuba City, CA, 95991 | $375,000 | -- | -- | -- | Acres (Lot)-- |
| 3.28 AC. Railroad Avenue, Yuba City, CA, 95991 | $415,000 | -- | -- | -- | 142,876.80 Sqft(Lot) |
Similar Land To Melton Drive
Nearby For Sale
ByOwner last updated this listing 06/10/2026 @ 13:45
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