443 Robinson AVE Active Save Request In-Person Tour Request Virtual Tour
Yuba City,CA 95991
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
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