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Income-Generating Apartment Property
For Sale
$968,000

10863 Highway 99, Live Oak, CA 95953

Multi-income residential property with one 3-bedroom main home and eight studio units, including full baths and small kitchens.

Property Size1,600 SF
Lot Size1.72 Acres
Price / SF$605
Days on Market121

Property Features for 10863 Highway 99

General Information

Standard status Active
Size 1,600 SF
Total Parking Spaces 2
Lot size 1.72 Acres
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 9

Building Details

Year Built 1950
Listing Agency: LPT Realty, Inc
Listed By: Amalia Murillo · License #01953704
Source: Exitrealty
Added: May 8 Changed: Sep 1 Last Checked: Sep 5 at 8:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, Inc

Investment Insights

Based on property information with market context.

This income-oriented apartment property includes a spacious 3-bedroom, 2-full-bath main home plus eight studio units. The main residence is described as having central heating and air, a functional layout, tile and laminate flooring, and tile countertops, with a detached 2-car garage. Each studio unit includes a full bath and a small kitchen.

The property has been described as formerly operating as a motel and includes studio units in a separate building. The studio building roof was replaced approximately two years ago, and two of the studio units are currently unfinished.

The asset is situated on a 1.72-acre lot with stated excellent freeway access and visibility. The seller advises buyers to verify zoning, permitted uses, and regulations with the City of Live Oak and Sutter County.

Key Highlights

  • One 3‑bedroom, 2‑full‑bath main home plus 8 studio units (each with a full bath and small kitchen)
  • Main home offers about 1,500 sq ft with central heating and air, tile and laminate flooring, and tile countertops
  • Detached 2‑car garage provides additional parking and storage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Furniture & Home Goods Bakery Spa & Massage Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 95953, CA

11,357
Population
3,642
Households
3.1
Avg Household Size
36
Median Age
14%
College-Educated
73%
High-School Grad
116.2 sq mi
ZIP Area
98
Density / Sq Mi
$66,614
Median Household Income
$33,743
Median Earnings
$793
Median Rent
$335,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-income residential property with one 3-bedroom main home and eight studio units, including full baths and small kitchens.
Where is this apartment building located?
The property is located at 10863 Highway 99 Live Oak, CA.
What is the asking price?
The asking price for this property is $968,000.
What are key features of this property?
This property features: One 3‑bedroom, 2‑full‑bath main home plus 8 studio units (each with a full bath and small kitchen); Main home offers about 1,500 sq ft with central heating and air, tile and laminate flooring, and tile countertops; Detached 2‑car garage provides additional parking and storage
More about this property
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