$439,000
$479,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,451 SqFt
SOLD DATE : 09/17/2026
Key Details
Sold Price $439,000
Property Type Multi-Family
Sub Type 2 Houses on Lot
Listing Status Sold
Purchase Type For Sale
Square Footage 1,451 sqft
Price per Sqft $302
MLS Listing ID 226011261
Sold Date 09/17/26
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1986
Lot Size 0.790 Acres
Acres 0.7898
Property Sub-Type 2 Houses on Lot
Source MLS Metrolist
Property Description
Unique opportunity with multiple income streams on one parcel in Olivehurst. This property features two separate homes plus an additional unit, offering flexibility for investors or owner-occupants looking to offset their mortgage. The front home is a 2 bed, 2 bath (~1,150 sq ft) currently rented for $1,600/month, and the rear two-story home is a 3 bed, 1.5 bath (~1,450 sq ft) rented for $1,520/month. There is also a middle 2 bed, 2 bath unit generating $720/month (buyer to verify foundation and permits). Total current gross rent is approximately $3,840/month, with potential upside as two of the units appear to be below current market rents. Each unit has its own designated parking, private yard space, and separate mailbox, with fencing between units providing privacy that's hard to find in multi-unit properties. Ideal setup for someone looking to live in one unit and rent the others, or for an investor seeking a property with existing income and future upside. Convenient location with easy access to Hwy 70 and nearby amenities.
Location
State CA
County Yuba
Area 12409
Direction From CA-70 North, take Exit 18A toward Lindhurst Ave. Continue onto Lindhurst Ave, then turn left onto Olivehurst Ave. At the traffic circle, take the first exit onto Chestnut Rd. Turn left onto 3rd Ave, then turn right to arrive at 1651 3rd Ave, Olivehurst.
Rooms
Guest Accommodations Yes
Living Room Great Room
Dining Room Dining/Family Combo
Kitchen Granite Counter, Kitchen/Family Combo
Interior
Heating Central, Gas
Cooling Ceiling Fan(s), Central, Wall Unit(s)
Flooring Luxury Vinyl Plank, Vinyl
Appliance Dishwasher, Microwave, Free Standing Electric Oven, Free Standing Electric Range
Laundry Gas Hook-Up, Inside Room
Exterior
Parking Features Other
Carport Spaces 1
Utilities Available Public, Electric, Natural Gas Available
Roof Type Shingle,Composition
Private Pool No
Building
Lot Description Meadow West, Private, Secluded, Shape Irregular
Story 1
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Marysville Joint
Middle Schools Marysville Joint
High Schools Marysville Joint
School District Yuba
Others
Senior Community No
Tax ID 013-451-024-000
Special Listing Condition Offer As Is, None
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Bought with Real Estate Source Inc