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
Price cut: $54.2K (11/17)
$1,595,800
4736 Fleming Way, Olivehurst, CA 95961
16beds
5,784sqft
Est.:
5 or More Units
Built in 2025
-- sqft lot
$1,570,200 Zestimate®
$276/sqft
$-- HOA
What's special
- 155 days |
- 240 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 09:25am
Listed by:
Moti Pal DRE #01451500 916-813-2504,
Intero Real Estate Services
Source: MetroList Services of CA,MLS#: 225089836Originating MLS: MetroList Services, Inc.
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless
Cooling
- Ductless
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 5,784 sqft
Property
Parking
- Total spaces: 18
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.55 Acres
Details
- Parcel number: 013232034000
- Zoning description: Res Lot
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Ceiling Insulation, Concrete, Stucco, Frame, Wall Insulation, Wood
Condition
- Year built: 2025
Community & HOA
Location
- Region: Olivehurst
Financial & listing details
- Price per square foot: $276/sqft
- Tax assessed value: $102,000
- Annual tax amount: $1,157
- Price range: $1.6M - $1.6M
- Date on market: 7/8/2025
- Tenant pays: Rent Only, Electricity
Estimated market value
$1,570,200
$1.49M - $1.65M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Price change | $1,595,800-3.3%$276/sqft |
Source: MetroList Services of CA #225089836 Report a problem | ||
| 7/8/2025 | Listed for sale | $1,650,000+23.1%$285/sqft |
Source: MetroList Services of CA #225089836 Report a problem | ||
| 5/29/2025 | Sold | $1,340,000$232/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,157 +1.7% | $102,000 +2% |
| 2024 | $1,137 | $100,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,922/mo
Principal & interest
$7900
Property taxes
$1463
Home insurance
$559
Climate risks
Neighborhood: 95961
Nearby schools
GreatSchools rating
- 5/10Ella Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10Yuba Gardens Intermediate SchoolGrades: 7-8Distance: 0.4 mi
- 4/10Lindhurst High SchoolGrades: 9-12Distance: 0.6 mi
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