Located in the heart of town, this single-story, 4-unit property is an excellent investment opportunity. Each unit is equipped with its own laundry hookup, providing added convenience for tenants and making the property even more desirable. With most units occupied by long-term tenants, the property offers stable income and reliable cash flow. Situated near shops, dining, and local amenities, tenants enjoy the convenience of town center living, while investors benefit from steady demand. Ideal for both new investors and those looking to expand their portfolio with a well-maintained, income-generating asset. Don't miss out on this prime opportunity!
Real Estate Investment Experts is pleased to announce the sale of Redwood Apartments. The property has recently undergone major renovations to the exterior and interior over $450,000 has been invested into the property since purchase. New exterior siding, new roofs, new carport roofs, new asphalt, new concrete walkways, new trash enclosure, new landscape, new fences front and back, interior upgrades on handful of units, new appliances and more.... Additional, owner is working to have 5 more units renovated bringing total renovated units to 10! For details please contact there is potential to halt renovations for new owner or complete for new owner. Also, current HUD Agreement expires in October 2024. New owner will have opportunity to add more value!
PRICE IMPROVEMENT!!Beautiful property offering 3 separate houses on over an acre of land, tons of potential for the right buyer. Located in popular southeast Yuba City surrounded by some expensive and beautiful homes. Please DO NOT disturb tenants.
Excellent earning potential awaits with this property featuring 6 cottages alongside a Single Family Residence. Currently, all cottages are leased out, while the primary residence stands VACANT! The main home spans approximately 1,518 square feet, offering two master suites. Among the cottages, 4 units are 2 bedrooms with 1 bath each, and the remaining 2 units feature 1 bedroom and 1 bath each. Centrally situated, this property promises both immediate cash flow and long-term investment potential.
Back on the market due to no fault of the seller! Investment opportunity to own five (5) units in central Yuba City. Subject property consists of a 4-plex (each unit is 1 bedroom and 1 bath) that is approximately 2,286 SF and a detached 2 bedroom, 1 bath home that is approximately 576 SF. Recent updates include new composition roofing, dual pane windows, stucco repairs, updated bathrooms/kitchens, flooring, paint and much more. Most of the units benefit from their own indoor laundry. Off-street parking available. Currently the back house is rented for $1,550.00 and the 4-plex units are rented at $1,250.00 each. Property produces gross rents of $6,550.00 per month or $78,600.00 annually.
Investment Opportunity!!!! Three separate homes on one parcel. Two permitted homes and one un-permitted home that needs to be either permitted as ADU or removed. This amazing location in central Yuba City is an great income producing property. The main home,3 Bed/1 Bath/1510 sq ft, is a two-story home with new roof and basement for storage. Month to month lease at $1550 per month. Second home is 2 Bed/1 Bath/720 Sq ft on a month to month with a current rent of $1,200. The additional 3rd unit is 2 Bed/1 Bath/522 Sq. Ft. on a month to month lease. This home currently does not meet setback requirements. According to County this home can be permitted as a ADU or removed. Buyer to verify. All homes have separate entrances and separate laundry. Property location is near restaurants, parks, schools and is also a great commuting location.
The median home value in Yuba City, CA is $400,400. This is higher than the county median home value of $394,800. The national median home value is $338,100. The average price of homes sold in Yuba City, CA is $400,400. Approximately 54.36% of Yuba City homes are owned, compared to 41.89% rented, while 3.75% are vacant. Yuba City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Yuba City real estate agent to arrange a tour today!
Yuba City, California 95991 has a population of 69,540. Yuba City 95991 is more family-centric than the surrounding county with 35.9% of the households containing married families with children. The county average for households married with children is 35.23%.
The median household income in Yuba City, California 95991 is $64,225. The median household income for the surrounding county is $67,003 compared to the national median of $69,021. The median age of people living in Yuba City 95991 is 35.4 years.
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 21.6 inches per year, with 0 inches of snow per year.