Skip To Content

1722 Linda Avenue

Linda, CA 95901
  • $1,137,500
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: OR22074380
UPDATED: 26 min ago
$1,137,500
  • 0
    BEDS
  • 39910
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Shan Wedgwood of Marcus & Millichap (909-456-3410)


Description

Marcus & Millichap is pleased to present a nine-unit multifamily property, located in Marysville (Linda), California. The property consists of two fourplex units and one single-family residence for a total of nine units on a .92 acre lot. The subject property is in close proximity to Yuba College, shopping, Peach Tree Golf Course, schools and Beale Air Force base. The lot contains surplus land for possible development for additional units. There is plenty of parking for residents. The property enjoys stable management operations with an opportunity to raise rents. A total of 17 units is permissible per zoning which could provide an opportunity to entitle the land and develop or increase the desirability for a future sale. Highest and Best Use - Possibility to Develop Eight More Units, Totaling 17 UnitsProperty tours must be scheduled with the listing agent.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T22:27:34.22. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127657860
Print Image

1722 Linda Avenue Linda, CA 95901

  • Price: $1,137,500
  • Status: Active
  • On Site: 44 Days
  • Updated: 26 min ago
  • ID#: OR22074380
0
Beds
0
Baths
0
½ Baths
39910
Acres
1962
Built
County:
Yuba
Property Description
Marcus & Millichap is pleased to present a nine-unit multifamily property, located in Marysville (Linda), California. The property consists of two fourplex units and one single-family residence for a total of nine units on a .92 acre lot. The subject property is in close proximity to Yuba College, shopping, Peach Tree Golf Course, schools and Beale Air Force base. The lot contains surplus land for possible development for additional units. There is plenty of parking for residents. The property enjoys stable management operations with an opportunity to raise rents. A total of 17 units is permissible per zoning which could provide an opportunity to entitle the land and develop or increase the desirability for a future sale. Highest and Best Use - Possibility to Develop Eight More Units, Totaling 17 UnitsProperty tours must be scheduled with the listing agent.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 9 Parking Total 22 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Electric Cooling YN Yes Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 177 Fuel Expense 100 Garage YN Yes Gross Income 111600 Gross Scheduled Income 111600 Insurance Expense 2700 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 55083 New Construction YN No Number Of Separate Gas Meters 9 Number Of Separate Water Meters 9 Operating Expense 37455 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3125 Water Sewer Expense 4227 Water Source Public Zoning R-03



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T22:27:34.22. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368509116-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368509116-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368509116-1.jpg
Logo
Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Shan Wedgwood of Marcus & Millichap (909-456-3410)