Active

5799 Arboga Road

Olivehurst CA, 95961

$1,395,000


$1,743.75 per sqft

Active

2 Beds

1 Bath

800 sqft

Multi-family

Built in 2018

Price Reduction! 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. Monthly gross rent is: $10580. Net after all expenses averages: $8425mo. The homes are completely turn key and do not require repairs. Homes are individually metered and professionally managed. The newer homes 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.

224053428

MLS ID

May 17, 2024

Listed

November 18, 2024

Updated

Map

5799 Arboga Road
Olivehurst CA, 95961

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Tile, Laminate


Laundry Description

Laundry Closet, Other, Washer Hookup


Floor Description

Tile, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ductless, Heat Pump, Varies by Unit


Heating

Yes


Heating Description

Ductless, Electric, Heat Pump, Varies by Unit

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

Level, Private, Other


Architectual Style

A-Frame, Cottage, Traditional


Roof

Shingle, Composition


Sewer

Public Sewer

School Information

School District

Marysville Joint

Other Property Details

Garage

No


Parking

Off Street


Parking Total

11


View

Yes


View Description

City


County

Yuba


Pool

No


Zoning

Multi-family

Listing History

Date

Event

Price

10/31/2024

Price change

$1,395,000

-4%

8/1/2024

Price change

$1,450,000

-7%

Courtesy of Titan Real Estate &Development, Jorge Vega,
Listing Contact:  

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