662 Chestnut ST, Yuba City, CA 95991
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662 Chestnut ST, Yuba City, CA 95991
662 Chestnut ST, Yuba City, CA 95991
662 Chestnut ST, Yuba City, CA 95991
662 Chestnut ST, Yuba City, CA 95991
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Carlie Craig

Carlie Craig

+1(510) 604-7191
$ 524,900
Est. payment /mo
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Pending

662 Chestnut ST Yuba City, CA 95991

2,400 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $218

MLS Listing ID 226106554

HOA Y/N No

Year Built 1963

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

Don't miss this excellent opportunity to add a four-unit income-producing property to your investment portfolio! Located in central Yuba City, this well-positioned 4-plex offers a desirable unit mix, solid rental income, and a convenient location near the revitalized and growing downtown Yuba City area. The property consists of two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Current rents are approximately $1,200 per month for each 2-bedroom unit and $1,100 per month for each 1-bedroom unit. The seller is intentionally keeping one unit vacant to make showings easier and allow prospective buyers to see the interior firsthand. The remaining units are occupied, providing existing rental income and an opportunity for an investor to step into an established income-producing property. When fully occupied, the property is projected to achieve approximately a 7.4% capitalization rate, based on the current rental figures and applicable operating expenses. Buyers are encouraged to independently verify all income, expenses, rental information, and projected returns. The units have been maintained in generally good condition, with some units receiving more updates than others. This also provides a potential opportunity for a new owner to make strategic improvements over time and enhance rental appeal and value. Location is another major advantage. The property is conveniently situated near downtown Yuba City, restaurants, schools, shopping, and public transportation, providing tenants with easy access to many everyday amenities. Whether you're an experienced investor looking to expand your portfolio or a first-time multifamily investor searching for an opportunity with immediate rental income, this 4-plex deserves your attention. Four units. Desirable central location. Potential 7.4% cap rate when fully occupied. Don't miss this opportunity schedule your private showing today! More pictures to follow shortly.

Location

State CA

County Sutter

Area 12410

Direction East on Bridge Street; Lf on Cooper; Rt on Reeves; Lf on Chestnut

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 575 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1100 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 625 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1200 SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 575 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant Rent: 1100 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 625 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Vacant Rent: 1200 SqFt Source: Not Measured

Interior

Heating Wall Furnace, Natural Gas

Cooling Window Unit(s)

Flooring Laminate

Window Features Varies by Unit

Appliance Built-In Electric Range

Laundry Other

Exterior

Parking Features Open, Street

Utilities Available Sewer Connected, Electric, Internet Available, Natural Gas Connected

Water Access Desc Meter on Site,Public

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description None

Story 2

Foundation Slab

Sewer Public Sewer

Water Meter on Site, Public

Level or Stories Two

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 052-217-006-000

Space Rent $2,300

Special Listing Condition None

MetroList® Services, Inc
Listed by Aztec Real Estate
Carlie Craig

Carlie Craig

Agent License ID: 02198665

+1(510) 604-7191

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662 Chestnut ST