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    OFF-MARKET
    Apartment buildings

    303 Colusa St, Orland, CA 95963

    Property ID
    US09-3789682
    Property summary
    AI-generated overview

    Fantastic 6-Plex Investment Opportunity! Located in a quiet, desirable neighborhood with convenient access to shopping, restaurants, schools, and parks, this versatile investment property offers strong income potential and long-term value. Originally a single-family residence, the front structure has been thoughtfully converted into two separate units: Unit 1: A 3-bedroom, 1-bath residence featuring a private entrance, inviting front porch facing Colusa Street, and a private backyard. Unit 2: A spacious 2-bedroom, 1-bath residence with a large living room and kitchen, equipped with a mini-split ductless heating system. This unit enjoys a private entrance on 3rd Street and a semi-private backyard accessible through the rear door. In the 1980s, four additional units were added at the rear of the property, creating a well-balanced six-unit complex. Each of these newer units offers: 1 bedroom and 1 bathroom An open-concept kitchen with eating bar A generous living room area Two of these units are upstairs and two are downstairs. A shared coin-operated laundry room is conveniently located on the ground level for tenant use. This property boasts excellent rental income and high occupancy potential in a sought-after area. With its mix of unit sizes, private and shared amenities, and central location, this is an outstanding investment opportunity. ?? Drive by and take a lookbut please do not disturb occupants.

    Property profile
    Verified
    Property type Apartment buildings
    UPID US09-3789682
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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