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    45258-A Hwy 299 McArthur, CA 96056

    Sponsored
    For Sale
    $850,000

    Six-unit rental property, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a meticulously maintained three-duplex unit property in McArthur, California. Situated on a two-acre lot at 45258-A HWY 299, 96056, this property boasts six individual rental homes, each spanning 1370 square feet. Each unit features three bedrooms and two bathrooms, complete with updated kitchens, bathrooms, flooring, fixtures, and windows. Recent renovations include a fresh coat of exterior paint. Modern conveniences include monitor heaters and wall air conditioning units in every unit. The laundry area in each unit offers a freestanding sink and washer/dryer hookups. Each unit also includes a one-car garage with a concrete floor and a concrete apron. A small fenced area with a concrete walkway leads to the front door of each unit. The property is well-maintained and features a large, open gravel circle driveway with mailboxes conveniently located at the front. Currently, all units are occupied, generating monthly rents ranging from $800 to $950. The property's prime location, just two miles east of McArthur, coupled with its strong rental history and excellent condition, makes this an ideal investment for discerning buyers. This is a turnkey opportunity with immediate cash flow potential.

    Property Features for 45258-A Hwy 299

    General Information

    Property type
    Multifamily properties
    Lot Size
    87,120 SF

    Building Details

    Units
    3

    HighLights

    • Two miles east of McArthur, CA.
    • Excellent rental history.
    • 100% occupancy.
    • Well‑maintained property.
    • Each unit features monitor heaters and wall A/C.
    • Each unit has a fenced area with a concrete walkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McArthur
    County
    Shasta
    State
    California
    Longitude
    -121.3600964
    Latitude
    41.0646898

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    FAQs

    What type of property is this?
    Multifamily property - Six-unit rental property, CA
    Where is this multifamily property located?
    The property is located at 45258-A Hwy 299 McArthur, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Two miles east of McArthur, CA.; Excellent rental history.; 100% occupancy.
    Request Owner's contact information
    45258-A Hwy 299 McArthur, CA 96056
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    McArthur, CA 96056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45258-A Hwy 299 McArthur, CA 96056
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