443 Robinson Avenue, Yuba City

$2,225,000

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0 Bed
0 Bath
.84 Acre
0 Garage

443 Robinson Ave, a twelve (12) unit value-add investment property located in Yuba City. Constructed in 1971, the property consists of 12 two-bedroom/one-bathroom units. Seven out of the twelve units are fully upgraded with new dual pane windows, kitchens, bathrooms, and flooring. It also features A/C units, onsite laundry, and common yards for tenants to enjoy. There's ample opportunity for a new owner to maximize profits by implementing a RUBS system, potentially billing back up to 90% of utilities to tenants. Additionally, there is significant upside potential in rents and room for expansion on the large lot, offering the possibility to add more units or ADUs. The property boasts a prime location within walking distance to Downtown. Moreover, it is just a few minutes away from Yuba City High School, Sutter County Airport, and Yuba County Airport, adding to its appeal for families and commuters alike. Finally, the property offers easy access to major routes, including Highways 20 and 70, and Golden State Highway.

Essential Information

MLS® #
ML81954311
Price
$2,225,000
Bathrooms
0.00
Acres
0.84
Year Built
1971
Type
Commercial Sale
Status
Active

Community Information

Address
443 Robinson Avenue
City
Yuba City
County
Sutter
Zip Code
95991
Senior Community
N

Amenities

Utilities
Other
Parking Spaces
25

Interior

Heating
Wall Furnace
Cooling
Wall/Window Unit(s)

Exterior

Roof
Composition

School Information

District
Yuba City Unified

Additional Information

Date Listed
February 14th, 2024
Days on Market
93
Zoning
R2

Listing Details

Agent
Amit Urban
Office
Magnify Real Estate
Property History
Price Reduced from $2,275,000 to $2,225,000
Price Reduced from $2,300,000 to $2,275,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 2:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.