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  • Price cut: $75K (6/12)
    $1,264,990

    5638 N Gledhill Ave, Olivehurst, CA 95961

    --beds
    0baths
    4,680sqft
    : 
    5 or More Units
    Built in 1992
    -- sqft lot
    $1,194,900 Zestimate®
    $270/sqft
    $-- HOA

    What's special

    Investor Dream! Incredible Performing Asset! Opportunity to secure a fresh start, featuring 15 units in a shared Community Complex, that is easy on your pocket book! FINALED ON 10/29/2024, I.E., PERMITTED USE CHANGE FROM A CHURCH TO A MULTI-UNIT COMPLEX Note: Subject Property has Fire Suppression and Fire Alarm Central Systems, coupled with 15 on-site individual Parking Spaces, which include two Disability Parking Spaces. Note:****** According to Seller, Subject Property has 13 Units occupied at this time, i.e., with only 1 vacancy, which is pending an Executed Rental/Lease Agreement and one remaining unit that is in possession of an onsite maintenance person, in exchange for no rent. Furthermore, at this time, only 4 units are Month-To-Month, with the remaining APARTMENTS on Minimum 6 Month Leases. GREAT FINANCIAL OPPORTUNITY! Close to shopping, i.e., Wal-Mart, Costco, Restaurants, Fast Food Facilities, Service Stations, etc., coupled with an easy-minutes commute to Marysville & Yuba City.****Note: 14 additional Multi-Units are available in Marysville, CA For $710,000.00, reference MLS#224091779, Note: Fantastic Opportunity To Acquire 2 Performing Asset Properties, for a total of 29 units, for only $1,974990.00 + Closing Costs.
    165 days
    on Zillow
    |
    66
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 09:47am

    Listed by:

    DRE #00980402 916-847-8849,

    Intrust Properties, Inc.

    Source: MetroList Services of CA,MLS#: 225010075Originating MLS: MetroList Services, Inc.
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Varies by Unit
    Cooling
    • Central Air, None
    Features
    • Flooring: Tile, Laminate, Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,680 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Attached, Off Street, Detached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.4 Acres
    Details
    • Zoning description: R-01
    • Special conditions: Offer As Is,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Block, Brick, Stucco, Frame, Wood, Masonite, Other, Metal
    Condition
    • Year built: 1992

    Community & HOA

    Location
    • Region: Olivehurst

    Financial & listing details

    • Price per square foot: $270/sqft
    • Price range: $1.3M - $1.3M
    • Date on market: 1/30/2025
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