Address
5799 Arboga Road, Olivehurst, CA
Price
$ 1,555,000
Property Attributes
- MLS#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 |
| Street Name | Arboga |
| 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 |
| Street Suffix | Road |
| 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
Visits
Year Built
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: June 16, 2024 11:54 PM UTC 