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.
Sold for $540,000 on 10/02/23
$540,000
3360 Muir Rd, Yuba City, CA 95991
--beds
--baths
2,800sqft
Quadruplex
Built in 1962
-- sqft lot
$605,200 Zestimate®
$193/sqft
$1,479 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2023 at 01:10pm
Listed by:
David Howarth DRE #01360348 510-822-1331,
The Pinza Group, Inc
Bought with:
David Howarth, DRE #01360348
The Pinza Group, Inc
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41035460

Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
- Basement: Other
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Parking features: Other
Features
- Exterior features: Other
Lot
- Size: 0.98 Acres
- Features: Other
Details
- Parcel number: 23065031
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
Condition
- Year built: 1962
Community & neighborhood
Location
- Region: Yuba City
Other
Other facts
- Listing terms: Other