$1,200,000
$1,250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 01/21/2021
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20049436
Sold Date 01/21/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1967
Lot Size 0.390 Acres
Acres 0.39
Property Description
411 Bird St., Yuba City is an economic shutdown resilient and well maintained twelve (12) unit community within an extremely strong rental market. The rent roll boasts 95% rent collections from March through July during the pandemic lockdown as most of the tenants are essential employees and a couple of units pay guaranteed income to the ownership via Section 8 vouchers. 411 Bird St. features open floor plan that are comprised of ten (10) 2 Bedroom / 1 Bath units with an average size of 705 SF plus two (2) 1 Bedroom / 1 Bath units with an average size of 600 SF. Many of the units (5-6) have undergone a remodel with updated laminate flooring throughout, interior paint, and new bathrooms. The exterior was recently painted and the roof was given a foam overlay. Each unit is metered for electric plus there's plenty of onsite parking and an onsite laundry facility.
Location
State CA
County Sutter
Area 12410
Direction From Live Oak Blvd. make a right (east) on Bird St. Property is on Left handside.
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet, Laminate, Linoleum/Vinyl
Equipment None
Appliance Built-In Electric Range, Built-In Refrigerator, Electric Cook Top
Laundry Washer/Dryer Owned
Exterior
Parking Features Open, 1+ Space Per Unit
Amenities Available Decking
Roof Type Flat
Building
Story 2
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 51-411-004
Special Listing Condition None
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1891 E Roseville Pkwy STE 180, 948 B Lincoln Way 10076 Alta Sierra Dr., Valley, CA, 95949