4736 Fleming Way Olivehurst, CA 95961
Estimated payment $10,442/month
Highlights
- 0.55 Acre Lot
- Landscaped
- 1-Story Property
- No HOA
About This Home
This brand-new rental portfolio includes four duplexes (eight total units) located in Olivehurst, CA, just north of Sacramento. Each unit features fully owned solar for long-term energy savings. All units are leased on one-year terms with projected 8% annual increases in years 2-4. Because the property was built after January 1, 2025, it qualifies for Exemption from Rent Cap under AB 1482. Professional local management is in place at 5.5%.The property is steps from Olivehurst Community Park and near local schools, shopping, and daily amenities, positioning it well for tenant demand. This offering delivers immediate income, built-in rent growth, and strong long-term potential in a growing Northern California submarket. Great investment opportunity at 6.8% cap, on brand new units, with no differed maintenance to worry about and depreciation for tax benefits.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2025
Lot Details
- 0.55 Acre Lot
- Landscaped
Home Design
- Garden Apartment
- Slab Foundation
- Frame Construction
- Blown Fiberglass Insulation
- Ceiling Insulation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 5,784 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Laundry in unit
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 18 Parking Spaces
- 18 Open Parking Spaces
Utilities
- Ductless Heating Or Cooling System
Listing and Financial Details
- Assessor Parcel Number 013-232-034-000
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- 8 Leased Units
- Net Lease
- Insurance Expense $5,500
- Professional Management Expense $7,656
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $102,000 | $102,000 | -- |
| 2024 | -- | $100,000 | $100,000 | -- |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $1,650,000 | 0.0% | $285 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $1,595 | 0.0% | $2 / Sq Ft |
| 03/14/2025 03/14/25 | For Rent | $1,595 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,340,000 | Orange Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,340,000 | Seller Take Back |
Source: MetroList
MLS Number: 225089836
APN: 013-232-034-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 2063 Chicory St
- 1815 Chelsea Ct
- 1968 10th Ave
- 4827 Olivehurst Ave
- 1943 Chapman Ave
- 4804 Powerline Rd
- 1835 7th Ave
- 1956-4 7th Ave
- 1956-3 7th Ave
- 4724 Western Ave
- 1883 14th St
- 1838 14th St
- 1720 Hicks Ave
- 4950 Tulsa Ave
- 4440 Ardmore Ave
- 4779 Pacific Ave
- 4403 Fleming Way
- 4688 Pacific Ave
- 4420 Sundari Ave
- 1984 16th St
- 4277 Larson St
- 1523 Falabella Way
- 5529 Trailhead Loop
- 3915 Eugene Dr
- 1566 Maryclair Dr
- 1335 Meadow Ranch St
- 6062 Vierra Ln
- 6061-6064 Gossett Way
- 2105 Cold Water St
- 1910 Rapid Falls Dr
- 700 Bogue Rd
- 815 C St
- 1111 Railroad Ave
- 375 Mcrae Way
- 850 Lincoln Rd
- 1101-1107 Ramirez St
- 124 E 13th St
- 901 Lincoln Rd
- 1155 Larry Way
- 200 Park Ave