Homes for sale - 443 Robinson AVE, Yuba City, CA 95991

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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$1,899,000

Est. payment - /mo

0.84 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 225009331

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1971

Lot Size 0.840 Acres

Acres 0.84

Property Sub-Type 5 or More Units

Property Description

12-unit multifamily investment opportunity at 429-443 Robinson Ave in Yuba City, CA. 100% occupied and built in 1971, the community is entirely comprised of two-bedroom/one-bathroom floorplans spanning across three single-story fourplexes on 0.84 acres. Eight of the twelve units have experienced recent upgrades and are getting market rents of $1,450/month. Three of the remaining units will benefit from interior improvements and raising rents to market and the two remaining units can receive annual rent increases to meet market rents within two years. In addition to the rental income the owner bills tenants for a portion of the sewer, water, and garbage to all residents, and this has been implemented across all twelve units. Yuba City is experiencing an impressive upward trend in growth and development in housing, business, and recreation. Recent city improvements that were designed to create a vibrant, welcoming environment in the downtown corridor include the refurbishment of the water tower with a new city logo and multicolored LEDs, and a plaza that will accommodate a playground, stage, and an illuminated gateway arch directly at the entrance to downtown.

Location

State CA

County Sutter

Area 12410

Direction On Robinson Avenue near Elm Street in Yuba City.

Interior

Heating Wall Furnace

Cooling Wall Unit(s), Varies by Unit

Flooring Varies by Unit, See Remarks

Appliance See Remarks

Laundry Washer/Dryer Owned

Exterior

Parking Features Off Street, Uncovered

Utilities Available Natural Gas Connected, Electric

Water Access Desc Meter on Site,None

Total Parking Spaces 20

Building

Lot Description None

Story 1

Foundation Concrete, Other

Sewer Sewer Connected

Water Meter on Site, None

Architectural Style Other

Schools

Elementary Schools Yuba City Unified

Middle Schools Yuba City Unified

High Schools Yuba City Unified

School District Sutter

Others

Senior Community No

Tax ID 052-371-020

Special Listing Condition None

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Listed by Collier's International CA, Inc.

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage | CA DRE#02212763

Real Estate Brokerage CA DRE#02212763

443 Robinson AVE Yuba City, CA 95991

Realty Point, Inc.

Key Details

Location

Interior

Exterior

Building

Schools

Others

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