Yuba City, CA 95991,411 Bird

$1,200,000

$1,250,000

4.0%
Est.Price: ?

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Est. payment /mo

0.39 Acres Lot


SOLD DATE : 01/21/2021

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20049436

Sold Date 01/21/21

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1967

Lot Size 0.390 Acres

Acres 0.39

Property Description

411 Bird St., Yuba City is an economic shutdown resilient and well maintained twelve (12) unit community within an extremely strong rental market. The rent roll boasts 95% rent collections from March through July during the pandemic lockdown as most of the tenants are essential employees and a couple of units pay guaranteed income to the ownership via Section 8 vouchers. 411 Bird St. features open floor plan that are comprised of ten (10) 2 Bedroom / 1 Bath units with an average size of 705 SF plus two (2) 1 Bedroom / 1 Bath units with an average size of 600 SF. Many of the units (5-6) have undergone a remodel with updated laminate flooring throughout, interior paint, and new bathrooms. The exterior was recently painted and the roof was given a foam overlay. Each unit is metered for electric plus there's plenty of onsite parking and an onsite laundry facility.

Location

State CA

County Sutter

Area 12410

Direction From Live Oak Blvd. make a right (east) on Bird St. Property is on Left handside.

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Carpet, Laminate, Linoleum/Vinyl

Equipment None

Appliance Built-In Electric Range, Built-In Refrigerator, Electric Cook Top

Laundry Washer/Dryer Owned

Exterior

Garage Open, 1+ Space Per Unit

Amenities Available Decking

Roof Type Flat

Building

Story 2

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 51-411-004

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by PCG Commercial, Inc
Bought with Non-MLS Office
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