Yuba City, CA 95991-9124,3360 Muir
Yuba City, CA 95991-9124,3360 Muir
Yuba City, CA 95991-9124,3360 Muir
Yuba City, CA 95991-9124,3360 Muir
Yuba City, CA 95991-9124,3360 Muir
Yuba City, CA 95991-9124,3360 Muir
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$540,000

$625,000

13.6%
Est.Price: ?

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Est. payment /mo

0.98 Acres Lot


SOLD DATE : 10/02/2023

Key Details

Sold Price $540,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41035460

Sold Date 10/02/23

HOA Y/N No

Year Built 1962

Lot Size 0.980 Acres

Property Description

4-unit investment property spread across multiple buildings offering a desirable unit mix with four 2bd/1bth units with excellent rental upside. The current CAP rate is 7.20% and the current GRM is 10.92. The property was built in 1962, offers approximately 2,800 square feet of rental spaces and sits on an extra large 43,124 square foot lot with ample room for redevelopment, ADUs etc. Maintenance is low and the property is separately metered for PG&E with a well onsite for water providing for low annual operating expenses. The exterior and interior are in good condition with no deferred maintenance resulting in a relative turn-key investment for the next owner. This is a perfect opportunity for an investor seeking high rental upside or an owner-occupant looking to occupy one unit and let the other units pay-off the mortgage.

Location

State CA

County Sutter

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Garage Other

Total Parking Spaces 10

Building

Sewer Public Sewer

Others

Tax ID 23065031

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California Regional MLS (CRMLS)
Listed by David Howarth • The Pinza Group, Inc
Bought with David Howarth • The Pinza Group, Inc
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4040 Barranca Pkwy, Irvine, CA, 92604

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