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Renee' Catricala

renee@reneecatricala.com +1(916) 203-9690

$3,195,000

Est. payment - /mo

10,500 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $304

MLS Listing ID 226136747

HOA Y/N No

Year Built 2025

Lot Size 1.030 Acres

Acres 1.03

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

PRIME INVESTMENT OPPORTUNITY - 2025-BUILT 15-UNIT APARTMENT COMMUNITY WITH STRONG INCOME & GROWTH POTENTIAL! Exceptional opportunity to own a newly constructed, three-story, 15-unit apartment community located at 4834 Powerline Road, Olivehurst, CA! Completed in 2025, this modern multifamily property features 15 spacious residences, each offering 2 bedrooms and 1 bathroom, contemporary interiors, rooftop solar, on-site laundry facilities, beautifully landscaped common areas, and ample on-site parking with additional off-site parking available. Strategically located with convenient access to Highway 70 and the Marysville-Yuba City region, the property is just minutes from schools, parks, hospitals, Costco, Walmart, shopping, dining, entertainment, and nearby casinos. BUILT FOR LONG-TERM INVESTMENT SUCCESS! Enjoy the advantages of newer construction, including reduced exposure to major deferred maintenance, modern building systems, improved energy efficiency, and potential depreciation-related tax benefits. Unlike older apartment complexes requiring costly renovations and capital improvements, this 2025-built property offers investors an opportunity to focus on cash flow, appreciation, and portfolio growth. IMPRESSIVE INVESTMENT UPSIDE! Based on a five-year financial projection incorporating 5% annual rent increases, the property offers the potential to achieve a CAP rate exceeding 7.6% by Year 5, subject to projected income and operating expenses. Whether you're expanding an existing multifamily portfolio or seeking a newer, income-producing investment with long-term appreciation potential, this turnkey 15-unit community presents a rare opportunity to acquire a modern asset in a growing Northern California market. Invest in newer construction, minimize major maintenance concerns, and position yourself for long-term wealth building!

Location

State CA

County Yuba

Area 12409

Direction Please use GPS

Rooms

Other Rooms Unit-1 Approx SqFt: 700 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Rent: 1650 SqFt Source: Not Measured

Interior

Heating Ductless

Cooling Ductless

Flooring Laminate

Laundry Coin Operated

Exterior

Parking Features Uncovered

Utilities Available Sewer In & Connected, Electric, Internet Available

Water Access Desc Meter on Site,Public

Topography Level

Total Parking Spaces 24

Building

Lot Description Private, Shape Regular, Curbs/Gutters

Story 3

Foundation Slab

Sewer Public Sewer

Water Meter on Site, Public

Schools

Elementary Schools Marysville Joint

Middle Schools Marysville Joint

High Schools Marysville Joint

School District Yuba

Others

Senior Community No

Tax ID 013-140-058-000

Special Listing Condition None

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Listed by Intero Real Estate Services

NEARBY SCHOOL & BUSINESS

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Renee' Catricala

+1(916) 203-9690

Agent License ID: DRE 01077144

4834 Powerline RD Olivehurst, CA 95961

Renee' Catricala

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION