For Sale

5638 Gledhill Avenue, Olivehurst, CA 95961

5638 Gledhill Avenue, Olivehurst, Yuba, CA, 95961
7 months ago
Views: 9

$1,264,990(Negotiable)

Overview

3469980

Type

5 or More Units

Parking

Yes

Sqft

4680

Build Year

1992

Purpose

For Sale

About This Listing

Investor’s Dream! Incredible potential long term Owner Financing, with a minimun Down Payment of 40% of the Purchase Price + Closing Costs, subject to Buyer’s qualifications, and Seller’s successful/completed 1031 Exchange!!! Great Value!!! Performing Asset!!! Opportunity to secure a fresh start, featuring 15 units in a shared Community Complex, that is easy on your wallet/finances. FINALED ON 10/29/2024, i.e., PERMITTED USE CHANGE FROM A CHURCH TO A MULTI-UNIT COMPLEX Note: Subject Property has Fire Suppression and Fire Alarm Central Systems, coupled with 15 on-site individual Parking Spaces, which include two Disability Parking Spaces. Note:****** According to Seller, Subject Property has 13 Units occupied at this time, i.e., with only 1 vacancy, which is pending an Executed Rental/Lease Agreement and one remaining unit that is in possession of an onsite maintenance person, in exchange for no rent. Furthermore, at this time, only 4 units are Month-To-Month, with the remaining APARTMENTS on Minimum 6 Month Leases. GREAT FINANCIAL OPPORTUNITY! Close to shopping, i.e., Wal-Mart, Costco, Restaurants, Fast Food Facilities, Service Stations, etc., coupled with easy commutes to Lincoln, Roseville, Sacramento Marysville, and Yuba City.

All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

MetroList CA data Last Updated: August 22, 2025, 10:57 pm

Data Source: SACM