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$799,000   Price Analysis
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768 Chestnut St
Yuba City, CA 95991
6 bed 4 bath 2,284 SqFt ($349/SqFt)
6,534SqFt lot. Built 1925
Listed 2024-05-01, Taxes $4,592
Ⓧ USDA Ineligible
due to price & location

near Yuba City

Investment opportunity to own five (5)

Units in central Yuba City. Subject property consists of a 4-plex (each unit is 1 bedroom and 1 bath) that is approximtely 2, 286 SF and a detached 2 bedroom, 1 bath home that is approximately 576 SF. Recen t updates include new composition roofing, dual pane windows, stucco repairs, updated bathrooms/kitchens, flooring, paint and much more.

Most of the units benefit from their own indoor laundry. Off-street parking available. Currently the back house is rented for $1, 550.00 and the 4-plex units are rented at $1, 250.00 each. Property produces gross rents of $6, 550.00 per month or $78, 600.00 annually.


Presented by Brian Sandgren at
Helm Properties.
Listing Agent Photo

Property MLS #224044698 from MetroList

Bedrooms: 6

Laundry Features: Varies by Unit

Cooling Features: Window Unit(s)
Heating Features: Wall Furnace

Full Bathrooms: 4

Flooring: Tile, Vinyl
Window Features: Dual Pane Full

Patio And Porch Features: Balcony/Deck

Lot Description: Shape Regular, Landscape Front
Lot Dimensions Source: Acres
Lot Size Acres: 0.15
Topography: Level
Lot Size Square Feet: 6534

Open Parking Spaces: 5
Parking Features: Off Street, Open, Street
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of 1 Bedroom Units: 4
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 5
Unit-1 Square Feet: 571
Unit-2 Square Feet: 571
Unit-3 Square Feet: 571
Unit-4 Square Feet: 571
Unit 1 Total Actual Rent: 1250
Unit 2 Total Actual Rent: 1250
Unit 3 Total Actual Rent: 1250
Unit 4 Total Actual Rent: 1250

Elementary School District: Yuba City Unified
High School District: Yuba City Unified
Middle or Junior School District: Yuba City Unified

Bridge Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Gray Avenue Middle School is a public middle school located approximately 0.6 miles away.
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River Valley High School is a public high school located approximately 2.2 miles away.
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Faith Christian Junior-Senior High School is a private middle and high school located approximately 0.3 miles away.
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Gross Income: 78600
Income Includes: Rent Only
Number of Units Leased: 5
Tenant Pays: Electricity, Gas

Source Listing Status: Active
County: Sutter
Cross Street: Forbes Ave
Directions: East on Hwy 20, right on Gray Ave, left on Forbes, left on Chestnut.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Other Expense: 24722
Source Property Type: Residential Income
Area: 12410
Source Neighborhood: 12410
Parcel Number: 052-191-005-000
Zoning: R2
Property Subtype: Apartments
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$310,097 + $89,349
$399,446
$4,592
2021$304,018 + $87,598
$391,616
$4,541
2020$300,900 + $86,700
$387,600
$4,461
2019$160,791 + $28,713
$189,504
$2,251
2018$157,639 + $28,150
$185,789
$2,219
2017$154,547 + $27,598
$182,145
$2,522
2016$151,516 + $27,057
$178,573
$2,350
2015$149,240 + $26,650
$175,890
$2,090
2014$146,317 + $26,128
$172,445
$2,067
2013$145,656 + $26,010
$171,666
$2,062
2012$142,800 + $25,500
$168,300
$2,014
2011$140,000 + $25,000
$165,000
$1,969
2010$47,487 + $9,497
$56,984
$746
2009$47,600 + $9,520
$57,120
$646
2008$46,666 + $9,333
$55,999
$627
2006$45,751 + $9,150
$54,901
$599

Listed 2024-05-01
$799,000
MetroList
Sold 2023-10-17
$500,000
bridgeMLS
Listing removed 2023-02-27
$0
bridgeMLS
Listed 2022-10-16
$649,000
bridgeMLS
Sold 2019-03-20
$310,000
Public Record
Listing removed 2011-04-02
$320,000
SutterYuba
Listing removed 2011-04-02
$320,000
SutterYuba
Sold 2010-09-07
$165,000
SutterYuba
Listed 2010-08-17
$199,000
SutterYuba
Listing removed 2010-04-04
$299,900
SutterYuba
Listing removed 2010-01-25
$299,900
COPMLS
Listed 2009-12-03
$299,900
SutterYuba
Listed 2009-12-03
$299,900
COPMLS
Listing removed 2009-09-11
$320,000
COPMLS
Listed 2009-03-10
$320,000
SutterYuba
Listed 2009-03-10
$320,000
COPMLS
Listing removed 2009-02-22
$320,000
COPMLS
Relisted 2009-02-18
$320,000
COPMLS
Listing removed 2009-01-31
$320,000
COPMLS
Listed 2008-04-17
$320,000
SutterYuba
Listed 2008-04-17
$320,000
COPMLS

Net Operating Income: 51250
Operating Expense Includes: Insurance, Trash, Water/Sewer

Year Built: 1925
Construction Materials: Stucco, Wood Siding
Foundation Details: Raised
Levels: Lower, Upper
Property Age: 99
Property Condition: Updated/Remodeled
Roof: Roof Description:Composition
Levels or Stories: 2
Structure Type: 5 or More Units

Sewer: Public Sewer
Natural Gas Connected
Electric
Water Source: Public

Security Features: Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.