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268 Arden Avenue $1,430,000

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    268 Arden Avenue Yuba City, CA 95993

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 19073978 | Pending Sale
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    Property Details

    Portfolio consists of five single family residences and a duplex, for a total seven units. These properties are located in Yuba City and represent a good opportunity to own fully occupied units with upside potential. The market in Yuba City is experiencing strong growth. The city was recently named one of the top 10 small towns to do business, has seen rent growth over 10% and has a low vacancy. Taking all that into account the rents are below market by approximately 12.5%. A buyer will either take over management themselves, or hire a strong area third party who can get the rents to market quickly. That will take a strong 4.19% cap rate to at least 4.88%. The properties are located in Yuba City. a great opportunity to add value and increase their yield with smart upgrades and better management in Northern California. (1)268 Arden Ave (2)401 Park Ave (3)1558 Holly Tree (4)1055 Maple Ave (5)1279 Rosemary ln (6)357 Bird St.

    • General Features
      • Approx. Lot Sq. Ft. 10454
      • HOA No
      • HOA Dues 0
      • Tenant Pays Other-Rmks
      • Year Built 1980
      • County Sutter
    • Building Features
      • Air Conditioning Varies by Unit
      • Heat Varies by Unit
      • Unit 1 Approx. SqFt. 0
      • Unit 2 Approx. SqFt. 1
      • Unit 3 Approx. SqFt. 1
      • Unit 4 Approx. SqFt. 1
      • Construction Frame, Wood
      • Style Description Fixer
      • Roof Description Comp Shingle
      • Amenities Varies By Unit
      • Equipment Varies by Unit
      • Exterior Stucco, Wood
      • Furnished None
      • Kitchen Appliances Varies by Unit
    • Property Features
      • Acreage 0.24
      • Parking Varies by 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

    95993 (Yuba City) Demographics

    39Median Age
    428Population Density (per sq. mile)
    34%College Educated
    $65,044 Estimated Median Income
    7,807Estimated Total Home Owners
    4,118Estimated Total Renters
    65% / 35%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    36,617Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $1,430,000
    11/14/2019 4:44:31 PM Status Changed Source New Value: Pending Sale
    10/24/2019 6:45:00 PM New in Database Source

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    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 11/21/2019 2:54:35 PM. 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