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4106 George Ave
Olivehurst, CA 95961
Multifamily Property For Sale
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5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 1.50 AC |
| Property Type | Multifamily | Building Size | 9,438 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1965 |
| Zoning | R-01 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 9,438 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | R-01 |
ABOUT 4106 GEORGE AVE , OLIVEHURST, CA 95961
Diamond in the rough potential for increase rent. Peaceful location and spacious.. Property consists of 5 duplexes on a 1.5 acre lot. There are 3 duplexes w/3 bedrm each side and 2 duplexes w/2 bedrm each side. Two of the 2 bedrm duplexes have a 1 car garage on each side. Tenants enjoy space both inside and out. Each unit approx 945 sq ft and lots of room between the buildings. Private 20 ft wide cement driveway down the center. Mature trees and open area at rear of property. Two units are not rent-able and used as storage. Tenant in one unit does exterior maintenance in lieu of rent. Annual rent shown is based on 7 units at 24 tenants. Yuba County says property can remain as a *state small water system* as long as a max of 24 tenants is maintained. $42,600 annual is nearly 10% cap rate at asking price. Lot of property for the price. ($42.17/sq ft needs TLC) Please do not go onto property or disturb tenants. Make offer subject to viewing interior of units..Thanks
PROPERTY TAXES
| Parcel Number | 014-142-065-000 | Improvements Assessment | $373,489 |
| Land Assessment | $57,457 | Total Assessment | $430,946 |
PROPERTY TAXES
