5702 Lindhurst Ave Marysville, CA 95901
- Apartment buildings
- 3,700 SF
- 0.37 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 5702 Lindhurst Ave
- Year built
- 1954
- Lot size
- 0.37 lot acres
- Property size
- 3,700 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a well-maintained, seven-unit apartment building located at 5702 Lindhurst Avenue in Marysville, California. The property boasts a total of 3,700 square feet situated on a 0.37-acre lot, with a permitted C zoning classification. Built in 1954, this two-story building offers a strong 6.24% capitalization rate and a current Net Operating Income (NOI) of $44,963, reflecting a 100% occupancy rate. The asking price is $720,000, translating to $102,857 per unit and $194.59 per square foot. The units are primarily two-bedroom apartments, presenting an add-value opportunity due to below-market rents. The property's convenient location near Costco and Walmart adds to its appeal. The property's Assesor's Parcel Number (APN) is 021-313-015. This is a rare chance to acquire a stable, income-generating multifamily property in a desirable location with significant upside potential. The property is situated in Yuba County, California, with a 95901 zip code.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- Yuba
- State
- California
- Longitude
- -121.563
- Latitude
- 39.1184
