Sacramentohomeview.com Search Results

$889,000

Excellent Investment Opportunity in the Heart of Carmichael! Unlock immediate rental income and cash-flow potential with this well-maintained fourplex, ideally situated in a desirable area surrounded by single-family homes. The property features four spacious 2-bedroom, 1-bathroom units, all currently occupied providing an investor with income from day one. Each unit offers the convenience of its own indoor laundry hookups, central heating and air conditioning. The decks and stairs are SB 326 and SB 721 compliant, providing added peace of mind. Two of the four kitchens have been tastefully updated with new cabinets, countertops, appliances, and flooring. Additional highlights include new exterior paint and large backyard areas for the lower units. Conveniently located near American River College, with easy access to shopping, dining, transportation, and other amenities. Please do not disturb the occupants.

3,536 SqFt. ⋅ 226108185 MLS

Excellent Investment Opportunity in the Heart of Carmichael! Unlock immediate rental income and cash-flow potential with this well-maintained fourplex, ideally situated in a desirable area surrounded by single-family homes. The property features four spacious 2-bedroom, 1-bathroom units, all currently occupied providing an investor with income from day one. Each unit offers the convenience of its own indoor laundry hookups, central heating and air conditioning. The decks and stairs are SB 326 and SB 721 compliant, providing added peace of mind. Two of the four kitchens have been tastefully updated with new cabinets, countertops, appliances, and flooring. Additional highlights include new exterior paint and large backyard areas for the lower units. Conveniently located near American River College, with easy access to shopping, dining, transportation, and other amenities. Please do not disturb the occupants.

6043 Northcrest Circle, Carmichael

Listing courtesy of Berkshire Hathaway HomeServices-Drysdale Properties.

$1,150,000

Four-Unit Apartment Complex Investor Opportunity Well-maintained four-unit apartment complex featuring four spacious 2-bedroom, 2-bath units, each thoughtfully designed with a kitchen, separate dining area, and excellent private outdoor space. Upper units offer private patios, while lower units feature sliding glass doors leading to covered private front patios plus private fenced backyards an attractive feature for tenants. Each unit includes a master bathroom with separate vanity area, split-system heating and air conditioning installed in 2022, and a private covered storage unit measuring approximately 4' x 12'. Three of the four units have newly installed ceiling fans. One upper unit features newer showers and toilets, approximately one year old. Two units were remodeled approximately five years ago with durable commercial-strength vinyl flooring, new kitchen cabinets and countertops, and new dishwashers, ovens, and range hoods. Unit #6 also features a brand-new dishwasher. Additional property amenities include a community laundry room with space for one washer and one dryer; the washer and dryer are not currently provided and would need to be supplied by the property owner. The property also features a newer roof, approximately seven years old, with a favorable recent roof inspection. Eight total parking spaces are available, including covered assigned parking. The low-maintenance grounds feature an outdoor common area, established landscaping with drip irrigation, and no grass to mow. A side yard offers potential for a community or residential garden area. Conveniently located near schools and public transportation, this well-maintained property offers desirable unit layouts, private outdoor spaces, storage, parking, and numerous recent improvements make this an appealing investment opportunity.

3,876 SqFt. ⋅ 226108183 MLS

Four-Unit Apartment Complex Investor Opportunity Well-maintained four-unit apartment complex featuring four spacious 2-bedroom, 2-bath units, each thoughtfully designed with a kitchen, separate dining area, and excellent private outdoor space. Upper units offer private patios, while lower units feature sliding glass doors leading to covered private front patios plus private fenced backyards an attractive feature for tenants. Each unit includes a master bathroom with separate vanity area, split-system heating and air conditioning installed in 2022, and a private covered storage unit measuring approximately 4' x 12'. Three of the four units have newly installed ceiling fans. One upper unit features newer showers and toilets, approximately one year old. Two units were remodeled approximately five years ago with durable commercial-strength vinyl flooring, new kitchen cabinets and countertops, and new dishwashers, ovens, and range hoods. Unit #6 also features a brand-new dishwasher. Additional property amenities include a community laundry room with space for one washer and one dryer; the washer and dryer are not currently provided and would need to be supplied by the property owner. The property also features a newer roof, approximately seven years old, with a favorable recent roof inspection. Eight total parking spaces are available, including covered assigned parking. The low-maintenance grounds feature an outdoor common area, established landscaping with drip irrigation, and no grass to mow. A side yard offers potential for a community or residential garden area. Conveniently located near schools and public transportation, this well-maintained property offers desirable unit layouts, private outdoor spaces, storage, parking, and numerous recent improvements make this an appealing investment opportunity.

4184 Oro Lane, El Dorado

Listing courtesy of Vista Sotheby's International Realty.

$975,000

Main Home + 2 Studios + ADU. Perched hillside above historic Amador City, this versatile Gold Country estate on 0.73 of an acre offers a flexible live-work-vacation rental opportunity. The main home consists of 1,986 square feet, 3 full bedrooms, 2.5 bathrooms. Two attached studio units sit below the main house, approximately 500 square feet each with their own separate entrances, kitchens, and bathrooms. Newly built detached ADU studio is positioned by the pool and is approximately 300 square feet with its own kitchen and full bathroom. This estate blends modern comfort with Victorian-inspired character, the flexible configuration is ideal for multigenerational living, guests, a second home, home-based business or potential income opportunities. Designed for gathering and relaxation, the beautifully landscaped grounds feature a private pool, sauna, therapeutic hot tub, cold plunge, putting green, outdoor shower, inviting patios and outdoor dining areas, all surrounded by scenic views. Owned solar, fully furnished, and additional storage/laundry space add convenience and value. Just a short stroll from downtown Amador City's restaurants, wine tasting rooms, brewery and boutique shops, this distinctive property offers an exceptional opportunity for the perfect buyer.

3,778 SqFt. ⋅ 226108504 MLS

Main Home + 2 Studios + ADU. Perched hillside above historic Amador City, this versatile Gold Country estate on 0.73 of an acre offers a flexible live-work-vacation rental opportunity. The main home consists of 1,986 square feet, 3 full bedrooms, 2.5 bathrooms. Two attached studio units sit below the main house, approximately 500 square feet each with their own separate entrances, kitchens, and bathrooms. Newly built detached ADU studio is positioned by the pool and is approximately 300 square feet with its own kitchen and full bathroom. This estate blends modern comfort with Victorian-inspired character, the flexible configuration is ideal for multigenerational living, guests, a second home, home-based business or potential income opportunities. Designed for gathering and relaxation, the beautifully landscaped grounds feature a private pool, sauna, therapeutic hot tub, cold plunge, putting green, outdoor shower, inviting patios and outdoor dining areas, all surrounded by scenic views. Owned solar, fully furnished, and additional storage/laundry space add convenience and value. Just a short stroll from downtown Amador City's restaurants, wine tasting rooms, brewery and boutique shops, this distinctive property offers an exceptional opportunity for the perfect buyer.

14125 S State Highway 49, Amador City

Listing courtesy of VRA Real Estate.

$849,000

Welcome to 3673 Spruce Ave, a well-located South Lake Tahoe quadruplex property offering an exceptional opportunity for an owner-occupant, second-home owner, vacation property buyer, or investor. This 4-bedroom, 4-bath property offers approximately 2,792 square feet and was built in 1966, providing a versatile layout with excellent potential in one of Lake Tahoe's most sought-after destinations. Ideally situated just minutes from Heavenly Mountain Resort, Stateline casinos, and the shores of Lake Tahoe, the property places you close to year-round recreation, shopping, dining, entertainment, and outdoor adventure. Enjoy convenient access to Heavenly Village, Whole Foods Market, nearby beaches, restaurants, ski and boat rentals, and the shuttle to Heavenly, making it easy to enjoy Tahoe without having to rely on a car. Outdoor enthusiasts will appreciate the proximity to world-class skiing and snowboarding, hiking, biking, boating, paddle boarding, and the area's beautiful beaches. The surrounding towering pine trees create the quintessential Tahoe setting, while the outdoor space offers an opportunity to relax and enjoy the mountain atmosphere after a day on the slopes or at the lake. Whether you're looking for a primary residence, vacation getaway, second home, or income-producing investment, this property offers flexibility and an enviable location with the potential to maximize the Tahoe lifestyle and investment opportunity. Don't miss your chance to own a quadruplex property in the heart of South Lake Tahoe, close to everything that makes this area a year-round destination. DO NOT DISTURB TENANTS

2,792 SqFt. ⋅ 226100734 MLS

Welcome to 3673 Spruce Ave, a well-located South Lake Tahoe quadruplex property offering an exceptional opportunity for an owner-occupant, second-home owner, vacation property buyer, or investor. This 4-bedroom, 4-bath property offers approximately 2,792 square feet and was built in 1966, providing a versatile layout with excellent potential in one of Lake Tahoe's most sought-after destinations. Ideally situated just minutes from Heavenly Mountain Resort, Stateline casinos, and the shores of Lake Tahoe, the property places you close to year-round recreation, shopping, dining, entertainment, and outdoor adventure. Enjoy convenient access to Heavenly Village, Whole Foods Market, nearby beaches, restaurants, ski and boat rentals, and the shuttle to Heavenly, making it easy to enjoy Tahoe without having to rely on a car. Outdoor enthusiasts will appreciate the proximity to world-class skiing and snowboarding, hiking, biking, boating, paddle boarding, and the area's beautiful beaches. The surrounding towering pine trees create the quintessential Tahoe setting, while the outdoor space offers an opportunity to relax and enjoy the mountain atmosphere after a day on the slopes or at the lake. Whether you're looking for a primary residence, vacation getaway, second home, or income-producing investment, this property offers flexibility and an enviable location with the potential to maximize the Tahoe lifestyle and investment opportunity. Don't miss your chance to own a quadruplex property in the heart of South Lake Tahoe, close to everything that makes this area a year-round destination. DO NOT DISTURB TENANTS

3673 Spruce Avenue, South Lake Tahoe

Listing courtesy of Garner Real Estate.

$675,000

Investment opportunity featuring **two duplex buildings (4 units total)** situated on a large 1/3-acre lot adjacent to Ellis Lake with direct access from the property. Each unit offers a spacious 2-bedroom, 1-bath floor plan with in-unit washer and dryer. The oversized lot offers future development potential, with room that may accommodate additional units, such as an ADU or duplex ADU, subject to buyer verification of zoning, approvals, and development standards. New roofs have just been completed, providing added value and reducing near-term capital expenses. Current gross annual rents are **$67,200** ($1,400 per unit), producing an approximate 6.4% cap rate based on current operating history. Additional upside may exist through implementation of a RUBS (Ratio Utility Billing System) program, allowing a future owner to recover a portion of utility expenses, subject to buyer verification. Photos were taken prior to the current tenants moving in. Shown by appointment only. Please do not disturb tenants.

3,664 SqFt. ⋅ 226095489 MLS

Investment opportunity featuring **two duplex buildings (4 units total)** situated on a large 1/3-acre lot adjacent to Ellis Lake with direct access from the property. Each unit offers a spacious 2-bedroom, 1-bath floor plan with in-unit washer and dryer. The oversized lot offers future development potential, with room that may accommodate additional units, such as an ADU or duplex ADU, subject to buyer verification of zoning, approvals, and development standards. New roofs have just been completed, providing added value and reducing near-term capital expenses. Current gross annual rents are **$67,200** ($1,400 per unit), producing an approximate 6.4% cap rate based on current operating history. Additional upside may exist through implementation of a RUBS (Ratio Utility Billing System) program, allowing a future owner to recover a portion of utility expenses, subject to buyer verification. Photos were taken prior to the current tenants moving in. Shown by appointment only. Please do not disturb tenants.

1113 D Street, Marysville

Listing courtesy of Better Homes and Gardens RE.

$650,000

Two duplexes, very well maintained with good cash flow! Electrical breaker panels and roof recently replaced. Oversize lot is 16,800 square feet with alley access. Check with city of you want to add more units. Easy access to Hwy 99 for your tenants that commute.

2,824 SqFt. ⋅ 226091017 MLS

Two duplexes, very well maintained with good cash flow! Electrical breaker panels and roof recently replaced. Oversize lot is 16,800 square feet with alley access. Check with city of you want to add more units. Easy access to Hwy 99 for your tenants that commute.

412 Laurel Avenue, Modesto

Listing courtesy of PMZ Real Estate.

$850,000

RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3551 De Ovan Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1 bathroom, approximately 889 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by single-family homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!

3,480 SqFt. ⋅ 226062508 MLS

RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3551 De Ovan Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1 bathroom, approximately 889 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by single-family homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!

3551 De Ovan Avenue, Stockton

Listing courtesy of BHGRE Integrity Real Estate.

$875,000

RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3353 Telegraph Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly built & owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1.5 bathrooms, approximately 1,174 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by residential homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!

4,696 SqFt. ⋅ 226062517 MLS

RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3353 Telegraph Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly built & owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1.5 bathrooms, approximately 1,174 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by residential homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!

3353 Telegraph Avenue, Stockton

Listing courtesy of BHGRE Integrity Real Estate.

$589,000

Do Not Disturb Tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1,995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. It is being sold with tenants in place and subject to tenant rights

3,000 SqFt. ⋅ 226076251 MLS

Do Not Disturb Tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1,995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. It is being sold with tenants in place and subject to tenant rights

18527 Cherry Creek Road, Grass Valley

Listing courtesy of Real Broker Technologies.

$630,000

Located in a rental-driven neighborhood, this fully occupied fourplex offers a total of 8 Bedrooms 4 Bathrooms with 3,360 Sq Ft of living space on an 8,077 Sq Ft lot. Built in 1980. Central heat and air throughout. All units are two-bedroom, one-bath layouts. An additional room can be converted into a shared laundry area to create extra income potential. Both downstairs units enjoy private backyard space, and every unit includes an additional storage room. Conveniently located near schools and parks, with shopping, freeway access, and everyday amenities just minutes away. Ideal long-term hold income property with steady rental demand. Simple buy-and-hold opportunity. Perfect for a first multifamily purchase, 1031 exchange, or portfolio expansion.

226067714 MLS

Located in a rental-driven neighborhood, this fully occupied fourplex offers a total of 8 Bedrooms 4 Bathrooms with 3,360 Sq Ft of living space on an 8,077 Sq Ft lot. Built in 1980. Central heat and air throughout. All units are two-bedroom, one-bath layouts. An additional room can be converted into a shared laundry area to create extra income potential. Both downstairs units enjoy private backyard space, and every unit includes an additional storage room. Conveniently located near schools and parks, with shopping, freeway access, and everyday amenities just minutes away. Ideal long-term hold income property with steady rental demand. Simple buy-and-hold opportunity. Perfect for a first multifamily purchase, 1031 exchange, or portfolio expansion.

1567 Ellen Court, Merced

Listing courtesy of Keller Williams Merced.

$860,000

PRICE REDUCED & GREAT CONDITION: 3237 Francis Avenue, a rare updated 4-unit, all 2bed, investment opportunity in the historic Gold Country community of Placerville, CA. Three year old roof, new electrical meters, new propane tanks, all washouts and main water lines recently cleaned! Situated just a short walk from the shops and restaurants of downtown Placerville, the property benefits from an irreplaceable location with strong tenant appeal. The building consists of four (2) two-bedroom, one-bathroom units, each averaging approximately 750 square feet. The spacious floor plans and walkable location have fostered long-term tenancy, providing a stable foundation with meaningful upside through repositioning and rent growth. Placerville's multifamily market is uniquely supply-constrained. With a population of 10,656 residents and zero new market-rate multifamily construction underway or planned, the city faces a severe shortage of rental housing. At the same time, high barriers to homeownershipdriven by elevated purchase prices and interest ratesfurther constrain mobility and reinforce demand for quality rental product. This dynamic creates a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning.

3,000 SqFt. ⋅ 226066987 MLS

PRICE REDUCED & GREAT CONDITION: 3237 Francis Avenue, a rare updated 4-unit, all 2bed, investment opportunity in the historic Gold Country community of Placerville, CA. Three year old roof, new electrical meters, new propane tanks, all washouts and main water lines recently cleaned! Situated just a short walk from the shops and restaurants of downtown Placerville, the property benefits from an irreplaceable location with strong tenant appeal. The building consists of four (2) two-bedroom, one-bathroom units, each averaging approximately 750 square feet. The spacious floor plans and walkable location have fostered long-term tenancy, providing a stable foundation with meaningful upside through repositioning and rent growth. Placerville's multifamily market is uniquely supply-constrained. With a population of 10,656 residents and zero new market-rate multifamily construction underway or planned, the city faces a severe shortage of rental housing. At the same time, high barriers to homeownershipdriven by elevated purchase prices and interest ratesfurther constrain mobility and reinforce demand for quality rental product. This dynamic creates a favorable environment for landlords, where the cost of renting continues to represent a meaningful discount to owning.

3237 Francis Avenue, Placerville

Listing courtesy of ALIVE Commercial Real Estate.

$900,000

1570 Alfred Way presents an exceptional investment opportunity in the heart of Yuba City. This well-maintained four-plex consists of four 2-bedroom, 1-bathroom units, all currently occupied by long-term tenants, providing immediate and stable cash flow with historically low vacancy. Ideal for both seasoned and first-time investors, the property offers upside potential as current rental rates are below market, leaving room for future income growth and increased returns. Additional highlights include a newer roof approximately 5 years old and an onsite coin-op laundry that can provide supplemental income. Conveniently located near Highway 99 with easy access to shopping, dining, and everyday amenities, this property combines strong investment fundamentals with long-term growth potential in a prime location.

3,544 SqFt. ⋅ 226057208 MLS

1570 Alfred Way presents an exceptional investment opportunity in the heart of Yuba City. This well-maintained four-plex consists of four 2-bedroom, 1-bathroom units, all currently occupied by long-term tenants, providing immediate and stable cash flow with historically low vacancy. Ideal for both seasoned and first-time investors, the property offers upside potential as current rental rates are below market, leaving room for future income growth and increased returns. Additional highlights include a newer roof approximately 5 years old and an onsite coin-op laundry that can provide supplemental income. Conveniently located near Highway 99 with easy access to shopping, dining, and everyday amenities, this property combines strong investment fundamentals with long-term growth potential in a prime location.

1570 Alfred Way, Yuba City

Listing courtesy of Capital's Finest, Inc..

$614,900

Excellent investment opportunity in the growing Reedley market. This fully occupied fourplex features four 2-bedroom, 1-bath units totaling approximately 3,144 square feet, providing consistent rental income. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit offers long-term tenancy. Each unit includes central HVAC and indoor laundry, enhancing overall appeal. Conveniently located near schools, shopping, and commuter routes, this property is well-suited for investors seeking an income-producing asset with potential upside. Do not disturb tenants. Offers subject to inspection. Unit configuration per tax records; buyer to verify.

3,144 SqFt. ⋅ 226055804 MLS

Excellent investment opportunity in the growing Reedley market. This fully occupied fourplex features four 2-bedroom, 1-bath units totaling approximately 3,144 square feet, providing consistent rental income. Three units have been updated with modern kitchens, bathrooms, and durable LVP flooring, while one unit offers long-term tenancy. Each unit includes central HVAC and indoor laundry, enhancing overall appeal. Conveniently located near schools, shopping, and commuter routes, this property is well-suited for investors seeking an income-producing asset with potential upside. Do not disturb tenants. Offers subject to inspection. Unit configuration per tax records; buyer to verify.

1405 E Cypress Avenue, Reedley

Listing courtesy of eXp Realty of Greater Los Angeles, inc..

$279,500

Discover a rare investment opportunity on a spacious 5-acre parcel featuring four established rental homes that are currently occupied and generating income. This property delivers immediate cash flow while offering significant upside through targeted improvements and development potential. The four homes provide much-needed affordable housing in the area, attracting reliable tenants and creating a built-in demand for these practical, no-frills residences. While the units would benefit from cosmetic and functional updates (a classic value-add project), they are fully functional and continue to perform as solid rental producers. Rental income varies with market conditions and tenant turnover, but the portfolio has demonstrated consistent occupancy and long-term tenant retention. A standout feature is the existing foundation of a small burned unit, offering a straightforward path to rebuild and restore an additional dwelling. Combined with the possibility of developing one more unit on the expansive grounds (subject to local zoning and approvals), this property has clear potential to expand to five income streamsdramatically increasing net operating income for the savvy investor. Additional property highlights include: Shared well system with electricity paid by the owner and billed back to tenantsproviding a simple, transparent utility arrangement that keeps operations straightforward. Ample acreage for privacy, future expansion, outbuildings, or added amenities that could further boost appeal and rents.Strong investor appeal in a market hungry for affordable rental housing with room to scale. Whether you're looking to stabilize and grow an existing rental portfolio, undertake a value-add renovation for higher rents, or capitalize on the extra-unit potential, this 5-acre gem checks all the boxes for long-term cash flow and appreciation. The current setup delivers hands-off income today while the land and extra foundation unlock tomorrow's growth. Ideal for investors, developers, or owner-operators seeking a turnkey income producer with built-in upside. Serious inquiries onlyproof of funds requested. Contact agent today for detailed financials, rent rolls, and a private showing. Don't miss this chance to own a piece of scalable, affordable housing real estate on prime acreage!

2,490 SqFt. ⋅ 226048548 MLS

Discover a rare investment opportunity on a spacious 5-acre parcel featuring four established rental homes that are currently occupied and generating income. This property delivers immediate cash flow while offering significant upside through targeted improvements and development potential. The four homes provide much-needed affordable housing in the area, attracting reliable tenants and creating a built-in demand for these practical, no-frills residences. While the units would benefit from cosmetic and functional updates (a classic value-add project), they are fully functional and continue to perform as solid rental producers. Rental income varies with market conditions and tenant turnover, but the portfolio has demonstrated consistent occupancy and long-term tenant retention. A standout feature is the existing foundation of a small burned unit, offering a straightforward path to rebuild and restore an additional dwelling. Combined with the possibility of developing one more unit on the expansive grounds (subject to local zoning and approvals), this property has clear potential to expand to five income streamsdramatically increasing net operating income for the savvy investor. Additional property highlights include: Shared well system with electricity paid by the owner and billed back to tenantsproviding a simple, transparent utility arrangement that keeps operations straightforward. Ample acreage for privacy, future expansion, outbuildings, or added amenities that could further boost appeal and rents.Strong investor appeal in a market hungry for affordable rental housing with room to scale. Whether you're looking to stabilize and grow an existing rental portfolio, undertake a value-add renovation for higher rents, or capitalize on the extra-unit potential, this 5-acre gem checks all the boxes for long-term cash flow and appreciation. The current setup delivers hands-off income today while the land and extra foundation unlock tomorrow's growth. Ideal for investors, developers, or owner-operators seeking a turnkey income producer with built-in upside. Serious inquiries onlyproof of funds requested. Contact agent today for detailed financials, rent rolls, and a private showing. Don't miss this chance to own a piece of scalable, affordable housing real estate on prime acreage!

27 Ridge Road, Mokelumne Hill

Listing courtesy of Big Trees Real Estate.

$499,000

Tastefully updated 4-plex offering strong income potential in a convenient, centrally located setting. This property features three 1-bedroom units and one studio, with extensive upgrades including new flooring, fresh interior paint, updated trim, doors, modernized kitchens, fixtures, and wall heaters throughout. The property is currently generating $3,785/month in rental income, with additional upside of approximately $995/month by leasing the studio unitmaking this an excellent opportunity for increased cash flow. Water is paid by the owner, while tenants are responsible for trash, helping to manage operating expenses. The property is professionally managed, offering a streamlined experience for an investor seeking a turnkey or near-turnkey asset. Whether you're expanding your portfolio or stepping into multi-unit ownership, this property presents a solid blend of updates, income stability, and future potential in a desirable location. Do not disturb tenants.

1,888 SqFt. ⋅ 226034755 MLS

Tastefully updated 4-plex offering strong income potential in a convenient, centrally located setting. This property features three 1-bedroom units and one studio, with extensive upgrades including new flooring, fresh interior paint, updated trim, doors, modernized kitchens, fixtures, and wall heaters throughout. The property is currently generating $3,785/month in rental income, with additional upside of approximately $995/month by leasing the studio unitmaking this an excellent opportunity for increased cash flow. Water is paid by the owner, while tenants are responsible for trash, helping to manage operating expenses. The property is professionally managed, offering a streamlined experience for an investor seeking a turnkey or near-turnkey asset. Whether you're expanding your portfolio or stepping into multi-unit ownership, this property presents a solid blend of updates, income stability, and future potential in a desirable location. Do not disturb tenants.

164 C Street, Yuba City

Listing courtesy of Keller Williams Realty Gold Country.