4736 Fleming WAY new Save Request In-Person Tour Request Virtual Tour
Olivehurst,CA 95961
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,784 sqft
Price per Sqft $285
MLS Listing ID 225089836
HOA Y/N No
Year Built 2025
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
This brand-new rental portfolio includes four duplexes (eight total units) located in Olivehurst, CA, just north of Sacramento. Each unit features fully owned solar for long-term energy savings. All units are leased on one-year terms with projected 8% annual increases in years 2-4. Because the property was built after January 1, 2025, it qualifies for Exemption from Rent Cap under AB 1482. Professional local management is in place at 5.5%.The property is steps from Olivehurst Community Park and near local schools, shopping, and daily amenities, positioning it well for tenant demand. This offering delivers immediate income, built-in rent growth, and strong long-term potential in a growing Northern California submarket. Great investment opportunity at 6.8% cap, on brand new units, with no differed maintenance to worry about and depreciation for tax benefits.
Location
State CA
County Yuba
Area 12409
Direction From Hwy 70, take Mcgowan Exit, head west, right turn onto Powerline Road. Left turn onto 9th Ave, Left onto Fleming Ave
Interior
Heating Ductless
Cooling Ductless
Flooring Laminate
Laundry In Each Unit
Exterior
Parking Features Open,Uncovered
Utilities Available Electric
Water Access Desc Public
Total Parking Spaces 18
Building
Lot Description Shape Regular,Curbs/Gutters,Landscape Back,Landscape Front
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Marysville Joint
Middle Schools Marysville Joint
High Schools Marysville Joint
School District Yuba
Others
Senior Community No
Tax ID 013-232-034-000
Special Listing Condition None