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Olivehurst,CA 95961
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,784 sqft
Price per Sqft $275
MLS Listing ID 225089836
Year Built 2025
Lot Size 0.550 Acres
Property Sub-Type 5 or More Units
Property Description
This brand-new rental portfolio includes four duplexes (eight total units) located in Olivehurst, CA, just north of Sacramento. Each unit features fully owned solar for long-term energy savings. All units are leased on one-year terms with projected 8% annual increases in years 2-4. Because the property was built after January 1, 2025, it qualifies for Exemption from Rent Cap under AB 1482. Professional local management is in place at 5.5%.The property is steps from Olivehurst Community Park and near local schools, shopping, and daily amenities, positioning it well for tenant demand. This offering delivers immediate income, built-in rent growth, and strong long-term potential in a growing Northern California submarket. Great investment opportunity at 6.8% cap, on brand new units, with no differed maintenance to worry about and depreciation for tax benefits.
Location
State CA
County Yuba
Area 12409
Rooms
Other Rooms Unit-1 Type: Apartment Occupancy: Tenant Unit-2 Type: Apartment Approx SqFt: 723 Bedrooms: 2 Full Baths: 1 Total Rooms: 2 Occupancy: Tenant Rent: 1595 SqFt Source: Owner Unit-3 Approx SqFt: 723 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1595 SqFt Source: Owner Unit-4 Type: Apartment Approx SqFt: 723 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1595 SqFt Source: Owner
Interior
Heating Ductless
Cooling Ductless
Flooring Laminate
Laundry In Each Unit
Exterior
Parking Features Open,Uncovered
Utilities Available Electric
Building
Lot Description Shape Regular,Curbs/Gutters,Landscape Back,Landscape Front
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Marysville Joint
Middle Schools Marysville Joint
High Schools Marysville Joint
School District Yuba
Others
Space Rent $1,595
Special Listing Condition None