755 Shasta ST new Save Request In-Person Tour Request Virtual Tour
Yuba City,CA 95991
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $214
MLS Listing ID 225001256
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1972
Lot Size 7,405 Sqft
Acres 0.17
Property Description
755 Shasta St is a family legacy asset garden style apartment community located in the heart Yuba City, California. The property was originally constructed in 1972. The four unit community features exclusively large two bedroom floorplans, averaging 950 rentable square feet per unit. The offering provides an opportunity to purchase a well-located property with a significant value add component. Average rent at the property is approximately 15% below market. Additionally, there is a laundry room on site that is currently out of operation. In addition to the income earned from the reintroduction of laundry services for residents, a signing incentive with a 3rd party laundry vendor may also be available. Current ownership has recently renovated one of the units and is holding it vacant for the new owner to either to move in or place their own resident. Ownership has also replaced 100% of the electrical panels inside and out, making the building more marketable for admitted insurance carriers. Residents enjoy easy access to Feather Downs Shopping Center and the Yuba Sutter Mall, which includes national retailers such as JC Penney, Sears, CVS, Starbucks, Raley's Supermarket, along with several other shopping and entertainment venues.
Location
State CA
County Sutter
Area 12410
Direction Hwy 99 East to Hwy 20/Colusa Ave, South on Shasta St, property on left
Interior
Heating Central
Cooling Central
Flooring Vinyl
Laundry Varies by Unit
Exterior
Parking Features Off Street
Utilities Available Natural Gas Connected,Electric
Water Access Desc Water District
Total Parking Spaces 4
Building
Lot Description Landscape Front
Story 2
Foundation Slab
Sewer Sewer Connected
Water Water District
Schools
Elementary Schools Yuba City Unified
Middle Schools Yuba City Unified
High Schools Yuba City Unified
School District Sutter
Others
Senior Community No
Tax ID 052-253-008
Special Listing Condition None