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Chestnut Street

Yuba City, CA 95991

$524,900 $2,212/Mo

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Description

Don't miss this excellent opportunity to add a four-unit income-producing property to your investment portfolio! Located in central Yuba City, this well-positioned 4-plex offers a desirable unit mix, solid rental income, and a convenient location near the revitalized and growing downtown Yuba City area. The property consists of two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Current rents are approximately $1,200 per month for each 2-bedroom unit and $1,100 per month for each 1-bedroom unit. The seller is intentionally keeping one unit vacant to make showings easier and allow prospective buyers to see the interior firsthand. The remaining units are occupied, providing existing rental income and an opportunity for an investor to step into an established income-produc ing property. When fully occupied, the property is projected to achieve approximately a 7.4% capitalization rate, based on the current rental figures and applicable operating expenses. Buyers are encouraged to independently verify all income, expenses, rental information, and projected returns. The units have been maintained in generally good condition, with some units receiving more updates than others. This also provides a potential opportunity for a new owner to make strategic improvements over time and enhance rental appeal and value. Location is another major advantage. The property is conveniently situated near downtown Yuba City, restaurants, schools, shopping, and public transportation, providing tenants with easy access to many everyday amenities. Whether you're an experienced investor looking to expand your portfolio or a first-time multifamily investor searching for an opportunity with immediate rental income, this 4-plex deserves your attention. Four units. Desirable central location. Potential 7.4% cap rate when fully occupied. Don't miss this opportunity schedule your private showing today! More pictures to follow shortly.

Property Details

Property Type : Residential Income

Price : $524,900

AD Id : 90028499

MLS Id : 226106554

Living Area Size : 2,400

Year Built : 1963

County : Sutter

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Window Feature: Varies by Unit

Water/Sewer

Sewer: Public Sewer
Flooring Information

Laminate
Roofing Information

Composition
Interior Features

Roof: Composition Appliances: Built-In Electric Range Laundry Features: Other
Heating & Cooling

Heating: Wall Furnace, Natural Gas Cooling: Window Unit(s) WaterSource: Meter on Site, Public

Building Information

Year Built: 1963 Stories: 2 Construction Materials: Stucco, Wood Roof: Composition Foundation Details: Slab
Exterior Features

Foundation Details: Slab
Laundry Features

Other

Lot Information

Lot Description: None Lot Square Feet: 3,049 Stories: 2 Main Square Feet: 2,400

Property Information

Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 2,400 Construction Materials: Stucco,Wood Property Age: 63 Cross Street: Reeves Source Neighborhood: 12410 Postal Code Plus 4: 3942 Area: Yuba City S: 95991 Zoning: R-2 Living Area Source: Assessor Auto-Fill Structure Type: Apartments

Farm Info

Irrigation Source: Meter on Site

Listing Price Information

Listing Id: 226106554 List Price: $524,900 List Price Tot SqFt: $219

Tax Information

Parcel Number: 052-217-006-000

Parking Information

Parking Total: 4 Open, Street

Elementary School District: Yuba City Unified

Junior High School District: Yuba City Unified

Senior High School District: Yuba City Unified
Utility Information

Sewer Connected, Electric, Internet Available, Natural Gas Connected Electric: 220 Volts
Location Information

Direction: East on Bridge Street; Lf on Cooper; Rt on Reeves; Lf on Chestnut

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Eastcrest Court, Yuba City, CA, 95991	$429,999	--	--	1,904	1,904 SqFt
672 Chestnut Street, Yuba City, CA, 95991	$324,900	--	--	1,271	1,271 SqFt
117 Morton Street, Yuba City, CA, 95991	$399,000	--	--	1,483	1,483 SqFt
Northgate Drive, Yuba City, CA, 95991	$669,900	--	--	2,736	2,736 SqFt
Julie Drive, Yuba City, CA, 95991	$774,888	--	--	3,252	3,252 SqFt
Reeves Avenue, Yuba City, CA, 95991	$499,900	--	--	2,804	2,804 SqFt
758 Bridge Street, Yuba City, CA, 95991	$479,000	--	--	1,510	1,510 SqFt
C Street, Yuba City, CA, 95991	$499,000	--	--	1,888	1,888 SqFt
Woodbridge Avenue, Yuba City, CA, 95991	$240,000	--	--	720	720 SqFt
Upland Drive, Yuba City, CA, 95991	$549,900	--	--	2,500	2,500 SqFt

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