Overview
About This Listing
This brand-new rental portfolio includes four duplexes (eight total units) located in Olivehurst, CA, just north of Sacramento. Each unit features fully owned solar for long-term energy savings. All units are leased on one-year terms with projected 8% annual increases in years 2-4. Because the property was built after January 1, 2025, it qualifies for Exemption from Rent Cap under AB 1482. Professional local management is in place at 5.5%.The property is steps from Olivehurst Community Park and near local schools, shopping, and daily amenities, positioning it well for tenant demand. This offering delivers immediate income, built-in rent growth, and strong long-term potential in a growing Northern California submarket. Great investment opportunity at 6.8% cap, on brand new units, with no differed maintenance to worry about and depreciation for tax benefits.
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418 Broad Street, Nevada City, CA 95959
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Source:
Listed by: Nick Sadek Sotheby's International Realty -
Details
$1,275,000(Negotiable)
1506 Mariposa Road, Stockton, CA 95205
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Source:
Listed by: California Equity Real Estate -
Details
$1,550,000(Negotiable)
1645 Moffett Road, Ceres, CA 95307
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Source:
Listed by: Powerhouse Realty -
Details
$749,000(Negotiable)
