429 Robinson Ave Yuba City, CA 95991
Outlying Yuba City NeighborhoodEstimated payment $11,286/month
Highlights
- 0.84 Acre Lot
- Laundry Facilities
- 1-Story Property
- No HOA
About This Home
12-unit multifamily investment opportunity at 429-443 Robinson Ave in Yuba City, CA. 100% occupied and built in 1971, the community is entirely comprised of two-bedroom/one-bathroom floorplans spanning across three single-story fourplexes on 0.84 acres. Eight of the twelve units have experienced recent upgrades and are getting market rents of $1,450/month. Three of the remaining units will benefit from interior improvements and raising rents to market and the two remaining units can receive annual rent increases to meet market rents within two years. In addition to the rental income the owner bills tenants for a portion of the sewer, water, and garbage to all residents, and this has been implemented across all twelve units. Yuba City is experiencing an impressive upward trend in growth and development in housing, business, and recreation. Recent city improvements that were designed to create a vibrant, welcoming environment in the downtown corridor include the refurbishment of the water tower with a new city logo and multicolored LEDs, and a plaza that will accommodate a playground, stage, and an illuminated gateway arch directly at the entrance to downtown.
Listing Agent
Collier's International CA, Inc. License #01942991 Listed on: 02/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Home Design
- Garden Apartment
- Concrete Foundation
- Concrete Perimeter Foundation
- Stucco
Parking
- 20 Parking Spaces
- Uncovered Parking
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Natural Gas Connected
Additional Features
- 1-Story Property
- 0.84 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 052-371-020
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 12 Units
Amenities
- Laundry Facilities
Building Details
- 12 Leased Units
- 12 Units Leased Month-To-Month
- Net Lease
- Net Operating Income $108,527
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | Price Changed | $1,750,000 | -2.5% | $2,188 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $1,795,000 | -5.5% | $2,244 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $1,899,000 | 0.0% | $2,374 / Sq Ft |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $1,899,000 | -- | $2,374 / Sq Ft |
Source: MetroList
MLS Number: 225009331
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