This brand-new rental portfolio includes four duplexes (eight total units) located in Olivehurst, CA, just north of Sacramento. Each unit features fully owned solar for long-term energy savings. All units are leased on one-year terms with projected 8% annual increases in years 2-4. Because the property was built after January 1, 2025, it qualifies for Exemption from Rent Cap under AB 1482. Professional local management is in place at 5.5%.The property is steps from Olivehurst Community Park and near local schools, shopping, and daily amenities, positioning it well for tenant demand. This offering delivers immediate income, built-in rent growth, and strong long-term potential in a growing Northern California submarket. Great investment opportunity at 6.8% cap, on brand new units, with no differed maintenance to worry about and depreciation for tax benefits.
Active
$1,650,000
4736 Fleming Way, Olivehurst, CA 95961
16beds
5,784sqft
Est.:
5 or More Units
Built in 2025
-- sqft lot
$1,602,300 Zestimate®
$285/sqft
$-- HOA
What's special
- 30 days
- on Zillow |
- 309 |
- 18 |
- Loading
- Loading