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5653-5655 Arboga Rd
Olivehurst, CA 95961
8 Multi-Family Units + 1 Commercial Unit · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- two seperate parcells
- big cash flow
EXECUTIVE SUMMARY
Incredible Investment Opportunity – High Potential Property at a Fraction of Its Value!
This unique offering spans two separate parcels and presents a rare chance to own a high-income-producing property with massive upside potential.
Parcel 1: Features seven detached buildings, each with 3 bedrooms and 1 bathroom – ideal for long-term rental income or redevelopment.
Parcel 2: Includes one 3 bed / 1 bath unit and a street-facing commercial building that was previously leased by the State of California, offering potential for office, retail, or community services.
The property needs some TLC, but with vision and investment, it could become a true cash-flow machine. One tenant currently in eviction process.
Whether you're looking to renovate, redevelop, or hold for strong rental income, this is a rare find with tremendous potential.
Don’t miss out – opportunities like this don’t come often!
This unique offering spans two separate parcels and presents a rare chance to own a high-income-producing property with massive upside potential.
Parcel 1: Features seven detached buildings, each with 3 bedrooms and 1 bathroom – ideal for long-term rental income or redevelopment.
Parcel 2: Includes one 3 bed / 1 bath unit and a street-facing commercial building that was previously leased by the State of California, offering potential for office, retail, or community services.
The property needs some TLC, but with vision and investment, it could become a true cash-flow machine. One tenant currently in eviction process.
Whether you're looking to renovate, redevelop, or hold for strong rental income, this is a rare find with tremendous potential.
Don’t miss out – opportunities like this don’t come often!
PROPERTY FACTS
| Price Per Unit | $116,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 8.90% | Building Size | 9,208 SF |
| No. Units | 9 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 0.98/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | R-02 | ||
| Price Per Unit | $116,667 |
| Sale Type | Investment |
| Cap Rate | 8.90% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 9,208 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 0.98/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-02 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 9 | $1,675 | 1,100 |
PROPERTY TAXES
| Parcel Number | 021-342-003-000 | Improvements Assessment | $507,752 |
| Land Assessment | $40,617 | Total Assessment | $548,369 |
PROPERTY TAXES
Parcel Number
021-342-003-000
Land Assessment
$40,617
Improvements Assessment
$507,752
Total Assessment
$548,369
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