Address
5799 Arboga Road, Olivehurst, CA
Price
$ 1,555,000
Property Attributes
  • ID#224053428
  • TypeIncome
  • CountyYUBA
  • CityOlivehurst
  • AreaOlivehurst
  • Zip95961
  • StyleA-Frame,Cottage,Traditional
  • Price$ 1,555,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.46 Acres
Data Source:
MetroList MLS
Property Description

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.

Price History
5/17/2024 Listed $1,555,000

General Features

Sewer Sewer Connected,Public Sewer
Heating Ductless,Electric,Heat Pump,Varies by Unit
Cooling Ductless,Heat Pump,Varies by Unit
Utilities Natural Gas Connected,Cable Connected,City,Electric,Internet Available,Other
Roof Shingle,Composition
Appliances Varies By Unit,See Remarks
Unit 1 Rent 1450
Garage Spaces 0.0
Patio/Porch Features Uncovered Patio,Covered Patio,Varies by Unit
Architectural Style A-Frame,Cottage,Traditional
Construction Materials Cement Siding,Frame,Wall Insulation,Lap Siding,Wood
Year Built 2018
Tenant Pays None
View City
Stories 1
Topography Level
Levels One
Loading None
Property SubType 5 or More Units
Accessibility AccessibleDoors
County Yuba
Property Type ResidentialIncome
HOA / Comm Assn No
Energy Efficient Appliances,Insulation,Lighting,Cooling,Water Heater,Heating,Windows
Total Rooms 11
Close Price 0.0
Status Active
Directions Hwy 70 to Feather River Blvd to Arboga Road
City Olivehurst
Buyer Agent Compensation 2
High School District Marysville Joint
Zoning Description Multi-family
Open Parking Spaces 0.0
NumberOfUnitsTotal 8
MLS Area 12409
Lot Size Square Feet 20038.0
Carport Spaces 0.0
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Marysville Joint
Elementary School District Marysville Joint
Year Built Source Owner
Buyer Agent Compensation Type Percent

Interior Features

Basement None
Flooring Tile,Laminate
Total Stories 1
Unit 1 Full Baths 1
Unit1Bedrooms 2
Window Features Dual Pane Full,Weather Stripped,Low E Glass Full,Varies by Unit,See Remarks
Laundry Features In Each Unit,Varies by Unit,Laundry Closet,Other,Washer/Dryer Hookups
Unit 1 Bedroom Units Total 5
Unit 2 Bedroom Units Total 3

Exterior Features

Parking Features Off Street,Uncovered
Lot Features Private,Other
Water Source Meter on Site
Total Parking 11.0
Foundation Details Concrete,Slab
Number of Buildings 8
Lot Size Acres 0.46
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
Other Equipment Low-Flow Toilet(s),Varies by Unit,Low-Flow Shower(s)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95961

Price
AVG $970K
$1.56M
Visits
AVG 244
185
Data Provided by Inside Real Estate®
Year Built
AVG 2018
2018

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