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Bryan Powell

[email protected] +1(916) 521-4687

$ 1,339,990

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5638 N Gledhill AVE Olivehurst, CA 95961

4,680 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $286

MLS Listing ID 225010075

HOA Y/N No

Year Built 1992

Lot Size 0.399 Acres

Acres 0.3992

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Bargain Pricing! Incredible Performing Asset! Opportunity to secure a fresh start, featuring 15 units in a shared Community Complex, that is easy on your pocket book! PERMITTED USE CHANGE,I.E.,FROM A CHURCH TO A MULTI-UNIT APARTMENT COMPLEX Note: Subject Property has Fire Suppression and Fire Alarm Central Systems, coupled with 15 on-site individual Parking Spaces, which include two Disability Parking Spaces. Note:****** According to Seller, Subject Property has 13 Units occupied at this time, i.e., with only 1 vacancy, which is pending an Executed Rental/Lease Agreement and one remaining unit that is in possession of an onsite maintenance person, in exchange for no rent. Furthermore, at this time, only 4 units are Month-To-Month, with the remaining APARTMENTS on Minimum 6 Month Leases. GREAT FINANCIAL OPPORTUNITY! Close to shopping, i.e., Wal-Mart, Costco, Restaurants, Fast Food Facilities, Service Stations, etc., coupled with an easy-minutes commute to Marysville & Yuba City. ****Note: 14 additional Complex Apartment Units are available in Marysville, CA For $735,000.00, reference MLS#224091779, Note: Fantastic Opportunity To Acquire 2 Performing Asset Properties, for a total of 29 units, for only $2,074,990.00 + Closing Costs.

Location

State CA

County Yuba

Area 12409

Direction Follow Highway 70 to Olivehurst. Take exit 18B from Highway 70. Take Erie Rd and Arboga Road to N. Gledhill Avenue.

Interior

Heating Central, Varies by Unit

Cooling Central, None

Flooring Tile, Laminate, Vinyl, Varies by Unit

Laundry Coin Operated, In Common Area, Washer/Dryer Owned, Washer/Dryer Hookups

Exterior

Parking Features Attached, Off Street, Open, Detached, Street, Uncovered

Utilities Available Internet Available

Water Access Desc Public

Total Parking Spaces 15

Building

Lot Description Corner, Shape Regular, Landscape Front

Story 1

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Marysville Joint

Middle Schools Marysville Joint

High Schools Marysville Joint

School District Yuba

Others

Senior Community No

Tax ID 020-293-007-000

Special Listing Condition Offer As Is, None

Listed by Intrust Properties, Inc.

Bryan Powell

Broker | CA DRE#02003689

+1(916) 521-4687

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Bryan Powell

5638 N Gledhill AVE Olivehurst, CA 95961

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5638 N Gledhill AVE