NOT LISTED FOR SALE

2759 California St Sutter, CA 95982

8 Beds
4 Baths
3,600 Sq Ft
0.45 Acres

Last Sold December 23, 2021

Last sale price $625,000 $174 Per Sq Ft

60 Days on Market

About This Home

As of December 2021

Substantially updated 2 houses and 1duplex on 1 lot.The property also features a detached shared outbuilding/garage for the rear duplex. All interiors have been recently renovated. The Duplex units have big private backyards. Each duplex unit is 2 bedrooms and 1 bathroom. The two front houses share a large back yard. The front houses are A 3 bedroom, 1 bath and a 1 bedroom, 1 bathroom. The owner has just installed a new septic system. The utilities on this property are substantially lower than normal since the tenants pay for garbage and the septic system maintenance is substantially less than properties on City sewer. Sutter is just a few minutes' drive from the booming towns of Yuba City and Marysville and about an hour from Sacramento. Affordable housing is always in short supply in the area. Monthly income is $4,000 a month with a estimated cap rate of 5.25% See attachments for extensive list of extensive recent repairs and rent analysis.

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 07/17/2021

LPT Realty, Inc

Last Buyer's Agent

Kimberlin Williams

Amplify Real Estate and Properties License #02062780

Property Details

Home Type

  • Apartment

Lot Details

  • 0.45

Utilities

  • Separate Meters

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Sub Type: Quadruplex
  • Number of Three Bedroom Units: 1
  • Architectural Style: Ranch, Contemporary
  • CapRate: 5.25
  • Directions: From Yuba City HWY 20 turn right onto W 10th Street, Turn Right onto Butte House Road. Take Butte House Road for 6.9 miles and then turn left onto California.
  • Lot Size: 125X160X125X160
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Built-In Electric Range, Free Standing Refrigerator, Varies By Unit
  • Price Per Square Foot: 185.40
  • Flooring: Tile, Vinyl, Varies by Unit
  • Interior Amenities: Storage Area(s)
  • Number Of Buildings: 4
  • Stories: 1
  • Window Features: Dual Pane Full, Window Coverings, Window Screens

Exterior Features

  • Roof: Composition
  • Exterior Features: Fenced Yard
  • Foundation Details: Combination, Raised
  • Property Condition: Updated/Remodeled
  • View: City, Hills, Mountains
  • Construction Type: Frame
  • Disclosures: Natural Hazard Disclosure Available
  • Lot Features: Shape Regular

Garage/Parking

  • Parking Features: Off Street, Varies by Unit
  • Guest Spaces: 5
  • Open Parking Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Cooling: Central
  • Heating: Central
  • Separate Meters: Electricity
  • Electric: 220 Volts
  • Laundry Features: In Common Area, In Each Unit, Varies by Unit
  • Security: Carbon Mon Detector
  • Sewer: Septic System
  • Utilities: City
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sutter Union High

Lot Info

  • Lot Size Sq Ft: 19602.00
  • Zoning Description: Res

Rental Info

  • Total # Leasable: 4
  • Lease Term: Varies By Unit
  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 1
  • Two Bedrooms Occupied: 2
  • Three Bedrooms Occupied: 1
  • Gross Income Multiplier: 13.540
  • 1 Bedroom Rent Range: $800-$1052 in area
  • Two Bedroom Rent Range: $1047-$1456 in area
  • Three Bedroom Rent Range: $1685-$2162 in area
  • Annual Gross Income: 48000
  • Income Includes: Rent Only
  • Insurance Expense: 1800
  • Property Net Operating Income: 34320
  • Number Of Units Leased: 1
  • Number of Month to Month Units: 3
  • Number Of Units Total: 4
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): Sutter

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $625,000 0.0% $174 / Sq Ft
12/01/2021 12/01/21 Off Market $625,000 -- --
11/01/2021 11/01/21 Off Market $625,000 -- --
09/15/2021 09/15/21 Pending -- -- --
08/13/2021 08/13/21 For Sale -- -- --
08/08/2021 08/08/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $650,000 -- $181 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ron Benning

    Seller's Agent in 2021

    Ron Benning

    LPT Realty, Inc

    (916) 730-3846

    1 in this area

    92 Total Sales

    Ron Benning
    Section Image

  • K

    Buyer's Agent in 2021

    Kimberlin Williams

    Amplify Real Estate and Properties

    (530) 315-9231

    1 in this area

    12 Total Sales

    Kimberlin Williams
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221086944

MetroList

APN: 14-081-035

California Sutter County Sutter 95982

2759 California St, Sutter, CA

Not Listed for Sale

MultiFamily

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