31 3rd St Marysville, CA 95901
- Hotels
- 3,889 SF
- 0.14 lot acres
Sep 13, 2021
Current Use by Public Records
- Hotels
Property Details for 31 3rd St
- Year built
- 1921
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 3,889 SF
- Zone code
- R-3
- Property type
- Hotels
- APN
- 010-252-008-000
- APU
- 10252008000
Description
This exceptional Marysville property, located at 31 3rd Street, offers a unique investment opportunity. The 4,609 square foot building sits on a 0.14-acre lot and is currently configured as a 14-bedroom commercial property with shared bathrooms, living room, and kitchen facilities. Zoned R-3, it presents significant potential for redevelopment. Approved plans from the City of Marysville Planning/Building Departments exist for reconfiguration into larger, contemporary apartment units, offering a lucrative path to increased profitability. The property's prime location near a wealth of amenities is a key advantage. Convenient access to shopping, restaurants, banking, healthcare facilities, freeways, and public transportation ensures high occupancy and strong rental demand. This financially performing asset represents a compelling opportunity for investors seeking a high-return property with significant upside potential. The asking price of $735,000 presents exceptional value in the current market. Don't miss this chance to acquire a property with proven income and substantial future growth prospects.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $290,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- Yuba
- State
- California
- Longitude
- -121.584
- Latitude
- 39.1387
- CBSA code
- 49700
- CBSA name
- YUBA CITY, CA METROPOLITAN STATISTICAL AREA
