1771-1781 Villa Ave

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Address: 1771-1781 Villa Ave, Yuba City, California, US
Created date: February 15, 2024
Date last updated: March 27, 2024
  • Seller Financing Available at 50% LTV, 5.50% Interest Only, Due and Payable in 3-5 Years.
  • Gated Community Comprised of 7 Detached Homes and 3 Duplexes.
  • Attached Direct Access Garages and Washer/Dryer in Each Unit.
  • All Roofs Replaced in the Last 10 Years.
  • Low Density, Garden Style Layout on 1.58 Acres.
  • All Roofs Replaced in the Last 10 Years.
  • Average Single Family Home Price in Yuba City (Trailing 12-months) was $420,000, Allowing a Sizable Gap Between Cost-to-Own and Cost-to-Rent.
  • Heavily Discounted on a "Per Duplex" and "Per Home" Basis Relative to Comparable SFH and Duplex Sale Comparables.

Property Description

ALIVE Commercial Real Estate is pleased to exclusively present 1771-1781 Villa Ave, a unique 13-unit community comprised of 6 detached small homes, 3 duplexes, and 1 large home. The gated community sits on 1.58 acres and is located directly across from Tierra Buena Elementary School, all while being a short drive from national retailers, local employers and commutable distance to Sacramento. Historical occupancy and rent growth have proven strong and should only continue, given that home ownership is now out of reach for most renters. Relative to recent single family home and duplex sales, a new owner will benefit from a discounted "per unit" basis, while also taking advantage of the Seller Financing available to a qualified Buyer. The location, financeability and strong prospect for future rent growth should make 1771-1781 Villa Ave a fantastic investment for a savvy investor.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,500,000
No. of Units: 13
Year Built: 1964
Lot Size: 1.58 Sq ft
Opportunity Zone: No
Price per unit: $192,308
Property Website Click Here
Address: 1771-1781 Villa Ave, Yuba City, CA 95993, USA
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