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.
Active
Price cut: $75K (6/12)
$1,264,990
5638 N Gledhill Ave, Olivehurst, CA 95961
--beds
0baths
4,680sqft
Est.:
5 or More Units
Built in 1992
-- sqft lot
$1,194,900 Zestimate®
$270/sqft
$-- HOA
What's special
- 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.
Travel times
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Tour with a buyer's agent
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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