This meticulously maintained property comes complete with 9 of 14 units that have been recently remodeled and or updated in the last 24 months. Located on a quiet residential street conveniently located within walking distance to Yuba Sutter Mall with plenty of Restaurant & retail shops.. The next owner can follow the proven renovation remodel & recapture nearly 11% loss to lease on the Feb 2023 rent roll. Yuba City is also a 45-minute drive from Sacramento on either Highway 65 or 70, and less than 2 hours from the Greater Bay Area surrounding in connecting to Interstate 80. This property located at 1235 Williams can also be bought with property next door on 1215 Williams way for a total of 28 units for $4,675,000 with a combined cap of nearing a 5.8 cap with a proforma of close to 7% cap after Year 1 projections.
Closed
$4,300,000
1235 Williams Way, Yuba City, CA 95991
36beds
9,428sqft
5 or More Units
Built in 1966
-- sqft lot
$1,790,000 Zestimate®
$456/sqft
$1,273 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 03, 2024 at 09:54am
Listed by:
Miguel Ugarte DRE #01836077 916-397-6222,
Mid Valley Funding and Investment
Bought with:
Non-MLS Office
Source: MetroList Services of CA,MLS#: 223095402Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Wall Furnace, Varies by Unit
Cooling
- Central Air, Wall Unit(s), Varies by Unit
Appliances
- Included: Indoor Grill, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Disposal, Varies By Unit
Features
- Flooring: Carpet, Laminate, Vinyl, See Remarks
- Has fireplace: No
Interior area
- Total interior livable area: 9,428 sqft
Property
Parking
- Total spaces: 14
- Parking features: Off Street, Carport
- Has carport: Yes
Features
- Stories: 2
Lot
- Size: 0.36 Acres
Details
- Zoning description: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Other
Condition
- Year built: 1966
Community & neighborhood
Location
- Region: Yuba City