4224 Mary Ave | Olivehurst, CA 95961
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4224 Mary Ave
Olivehurst, CA 95961
Mary Cottages · Multifamily Property For Sale
·
15 Units
INVESTMENT HIGHLIGHTS
- (15) Detached Two-Bedroom Cottages With Current Average Rents of $1,336.
- Spacious Floor Plans Equipped With Washer/Dryer Hook-Ups and Front/Back Yards.
- 6.60% Day One CAP Rate.
- 12 of 15 Units Renovated; New Leases Are Being Signed at $1,400.
- Significant Property Improvements, Including: Dual Pane Windows, 10/15 Roofs, New Electrical Paneling and New Gas Lines.
PROPERTY FACTS
| No. Units | 15 | Lot Size | 1.54 AC |
| Property Type | Multifamily | Building Size | 12,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1940/2024 |
| Zoning | R-01 | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 12,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1940/2024 |
| Zoning | R-01 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 15 | $1,400 | 800 |
PROPERTY TAXES
| Parcel Number | 014-141-031-000 | Improvements Assessment | $748,034 |
| Land Assessment | $105,972 | Total Assessment | $854,006 |
PROPERTY TAXES
Parcel Number
014-141-031-000
Land Assessment
$105,972
Improvements Assessment
$748,034
Total Assessment
$854,006
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