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1215 williams Way $1,500,000

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    1215 williams Way Yuba City, CA 95991

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    $1,500,000

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20014828
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    Property Details

    Please dont disturb any tenants - Tenants are not aware of possibility of sale. Can be sold together with 1235 williams way for $2.9M. Individual price being 1.5M for 1235 and for 1215 williams - both buildings layout identical except 1215 has pool, but 1235 has 6 out of 14 new leases while 1215 has 3 out of 14 new leases. Please make an offer subject to inspection after asking for rent roll and projected/current financials from listing agent. Current rent about 151K/year for 1215 as it went through only 3 turns recently but potential is same or little higher than 1235 as it has pool, current NOI being at 6.06% cap rate counting both buildings rent and expense, market cap rate being 7.4% if considering market to be only highest rents already achieved and >8.25% if really upgraded. Right across the medical facility the fountains - great neighborhood.

    • General Features
      • Approx. Lot Sq. Ft. 15682
      • HOA No
      • HOA Dues 0
      • Tenant Pays Cable, Electric, Gas/Propane
      • Year Built 1966
      • County Sutter
    • Building Features
      • Air Conditioning Central, Varies by Unit
      • Heat Central, Varies by Unit
      • Unit 1 Approx. SqFt. 825
      • Unit 2 Approx. SqFt. 825
      • Unit 3 Approx. SqFt. 825
      • Unit 4 Approx. SqFt. 825
      • Construction Wood
      • Roof Description Comp Shingle, Tar and Gravel
      • Amenities Pool
      • Equipment Varies by Unit, Washer/Dryer
      • Exterior Shingle, Stucco, Wood
      • Furnished None
      • Kitchen Appliances Disposal, Oven Gas F/S, Range Gas B/I, Refrigerator B/I
    • Property Features
      • Acreage 0.36
      • Parking 1 Space Per Unit
      • Energy Features Varies by Unit
    • Schools
      • Elementary School Yuba City Unified
      • Middle School Yuba City Unified
      • High School Yuba City Unified

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    Neighborhood

    95991 (Yuba City) Demographics

    32 Median Age
    1,000 Population Density (per sq. mile)
    27% College Educated
    $43,939 Estimated Median Income
    6,604 Estimated Total Home Owners
    7,556 Estimated Total Renters
    47% / 53% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    40,683 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    13 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,500,000 -3.23%
        3/9/2020 9:45:00 PM New in Database Source New Value: $1,550,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 4/6/2020 8:16:55 AM. 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. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.