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$795,000

Est. payment - /mo

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3,700 SqFt

New

755 Shasta ST Yuba City, CA 95991

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Leopoldo Ramos

realestate97834+inactive@leopoldoramos.com +1(209) 988-2423

UPDATED:

01/07/2025 10:32 PM

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

Listed by Marcus & Millichap Real Estate

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Leopoldo Ramos

Agent | License ID: 02060913

+1(209) 988-2423