1651 3rd AVE, Olivehurst, CA 95961
1651 3rd AVE, Olivehurst, CA 95961
1651 3rd AVE, Olivehurst, CA 95961
63
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$479,000
Est. payment /mo
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3 Beds
2 Baths
1,451 SqFt
Pending

1651 3rd AVE Olivehurst, CA 95961

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C Ray Brower

C Ray Brower

+1(209) 418-0238

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Key Details

Property Type Multi-Family

Sub Type 2 Houses on Lot

Listing Status Pending

Purchase Type For Sale

Square Footage 1,451 sqft

Price per Sqft $330

MLS Listing ID 226011261

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1986

Lot Size 0.790 Acres

Acres 0.7898

Property Sub-Type 2 Houses on Lot

Source MLS Metrolist

Property Description

Unique opportunity with multiple income streams on one parcel in Olivehurst. This property features two separate homes plus an additional unit, offering flexibility for investors or owner-occupants looking to offset their mortgage. The front home is a 2 bed, 2 bath (~1,150 sq ft) currently rented for $1,600/month, and the rear two-story home is a 3 bed, 1.5 bath (~1,450 sq ft) rented for $1,520/month. There is also a middle 2 bed, 2 bath unit generating $720/month (buyer to verify foundation and permits). Total current gross rent is approximately $3,840/month, with potential upside as two of the units appear to be below current market rents. Each unit has its own designated parking, private yard space, and separate mailbox, with fencing between units providing privacy that's hard to find in multi-unit properties. Ideal setup for someone looking to live in one unit and rent the others, or for an investor seeking a property with existing income and future upside. Convenient location with easy access to Hwy 70 and nearby amenities.

Location

State CA

County Yuba

Area 12409

Direction From CA-70 North, take Exit 18A toward Lindhurst Ave. Continue onto Lindhurst Ave, then turn left onto Olivehurst Ave. At the traffic circle, take the first exit onto Chestnut Rd. Turn left onto 3rd Ave, then turn right to arrive at 1651 3rd Ave, Olivehurst.

Rooms

Guest Accommodations Yes

Living Room Great Room

Dining Room Dining/Family Combo

Kitchen Granite Counter, Kitchen/Family Combo

Interior

Heating Central, Gas

Cooling Ceiling Fan(s), Central, Wall Unit(s)

Flooring Luxury Vinyl Plank, Vinyl

Appliance Dishwasher, Microwave, Free Standing Electric Oven, Free Standing Electric Range

Laundry Gas Hook-Up, Inside Room

Exterior

Parking Features Other

Carport Spaces 1

Utilities Available Public, Electric, Natural Gas Available

Roof Type Shingle,Composition

Private Pool No

Building

Lot Description Meadow West, Private, Secluded, Shape Irregular

Story 1

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Marysville Joint

Middle Schools Marysville Joint

High Schools Marysville Joint

School District Yuba

Others

Senior Community No

Tax ID 013-451-024-000

Special Listing Condition Offer As Is, None

MetroList® Services, Inc
Listed by RE/MAX Gold

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate License ID: 01969248

+1(209) 418-0238

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1651 3rd AVE