Pending
429 Robinson Avenue
Yuba City CA, 95991
$1,899,000
$2,373.75 per sqft
Pending
24 Beds
1 Bath
800 sqft
Multi-family
Built in 1971
12-unit multifamily investment opportunity at 429-443 Robinson Ave in Yuba City, CA. 100% occupied and built in 1971, the community is entirely comprised of two-bedroom/one-bathroom floorplans spanning across three single-story fourplexes on 0.84 acres. Eight of the twelve units have experienced recent upgrades and are getting market rents of $1,450/month. Three of the remaining units will benefit from interior improvements and raising rents to market and the two remaining units can receive annual rent increases to meet market rents within two years. In addition to the rental income the owner bills tenants for a portion of the sewer, water, and garbage to all residents, and this has been implemented across all twelve units. Yuba City is experiencing an impressive upward trend in growth and development in housing, business, and recreation. Recent city improvements that were designed to create a vibrant, welcoming environment in the downtown corridor include the refurbishment of the water tower with a new city logo and multicolored LEDs, and a plaza that will accommodate a playground, stage, and an illuminated gateway arch directly at the entrance to downtown.
225009331
MLSⓇ ID
January 24, 2025
Listed
March 6, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
24
Total Bathrooms
1
Full Bathrooms
1
Floor Description
See Remarks
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s), Varies by Unit
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.84 Acres
Architectural Style
Other
School Information
School District
Yuba City Unified
Other Property Details
Garage
No
Parking
Off Street
Parking Total
20
View
No
County
Sutter
Water Source
None
Utilities
Natural Gas Available, Natural Gas Connected
Zoning
R2
Listing History
Date | Event | Price |
|---|---|---|
3/6/2025 | Pending | — |
Courtesy of Collier's International CA, Inc., Matthew Sarro,
Listing Contact:
Data maintained by METROLIST® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise 'any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination.' This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis.
©2025 METROLIST®. All rights reserved.
Data last updated 5:47 PM UTC