443 Robinson Avenue

Yuba City, CA 95991

$2,275,000
Price
Beds
9,792 Sq. Ft.
$232 / Sq. Ft.
9,792
Sq. Ft.
$232
per Sq. Ft.

Description

443 Robinson Ave, a twelve (12) unit value-add investment property located in Yuba City. Constructed in 1971, the property consists of 12 two-bedroom/one-bathroom units. Seven out of the twelve units are fully upgraded with new dual pane windows, kitchens, bathrooms, and flooring. It also features A/C units, onsite laundry, and common yards for tenants to enjoy. There's ample opportunity for a new owner to maximize profits by implementing a RUBS system, potentially billing back up to 90% of utilities...443 Robinson Ave, a twelve (12) unit value-add investment property located in Yuba City. Constructed in 1971, the property consists of 12 two-bedroom/one-bathroom units. Seven out of the twelve units are fully upgraded with new dual pane windows, kitchens, bathrooms, and flooring. It also features A/C units, onsite laundry, and common yards for tenants to enjoy. There's ample opportunity for a new owner to maximize profits by implementing a RUBS system, potentially billing back up to 90% of utilities to tenants. Additionally, there is significant upside potential in rents and room for expansion on the large lot, offering the possibility to add more units or ADUs. The property boasts a prime location within walking distance to Downtown. Moreover, it is just a few minutes away from Yuba City High School, Sutter County Airport, and Yuba County Airport, adding to its appeal for families and commuters alike. Finally, the property offers easy access to major routes, including Highways 20 and 70, and Golden State Highway.
  1. Listed by Amit Urban • DRE #01998926 • Brokerage DRE #02214785 • Magnify Real Estate • 650-282-0477

Property Details for 443 Robinson Avenue

MLS City Name
YUBA CITY
Building Type
Other
Garage Spaces
0
Parking Spaces
25
Cross Street
B St

Location

Listing Courtesy of Magnify Real Estate, Amit Urban, DRE #01998926
Add your commute
LISTING UPDATED: 03/29/2024 09:53 AM

Property Details for 443 Robinson Avenue

StatusActive
MLS #ML81954311
Days on Compass72
Taxes$25,493 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1971
Lot Size0.84 AC / 36,590 SF
CountySutter County

Location

Listing Courtesy of Magnify Real Estate, Amit Urban, DRE #01998926
Add your commute

Building Information for 443 Robinson Avenue

Stories-Residences-Year Built1971Building Size-Lot Size0.84 AC / 36,590 SF

Payment Calculator

$14,540 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,416

Property Taxes

$2,124

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 443 Robinson Avenue

Features
Features
  • Communications: Other
  • Fireplace: No
  • Flooring: Carpet, Other
  • Laundry: Coin Operated
  • Living SqFt: 9792
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Other
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, On Street, Parking Area
Property Details
Homeowners Association
  • HOA Amenities: BBQ Area
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 12
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 443
  • Street Name: Robinson
  • Street Suffix: Avenue
  • Area ID: 999
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 9792
  • Structure SqFt Source: Assessor
  • Age: 53
Development Information
  • Zoning Detail: R2
Location Information
  • Parcel Number: 052-371-020-000
  • County Name: Sutter
  • City Name: YUBA CITY
  • City Postal ID: 194
  • Postal Code: 95991
  • Elementary School District: 2141
  • High School District Text: Yuba City Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .84
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 12
General Information
  • Annual Tax Amount: $25,493
  • Capitalization Rate: 5.89
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $12,396
  • Expense Landscape: $3,600
  • Expense Maintenance: $1,500
  • Expense Management: $6,524
  • Expense Trash: $4,034
  • Expenses Other: $6,692
  • Expenses Utility: $9,706
  • Expenses Total: $69,945
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 10.82
  • Income Annual Gross: $203,933
  • Income Annual Rental: $208,800
  • Income Gross Scheduled: $210,240
  • Income Other: $1,440
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 816

Property History for 443 Robinson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 443 Robinson Avenue

Taxable ValueLand$250,000Additions$1,250,000Total$1,500,000
Tax Record2023$17,157 ($1,430 / month)
Home Facts
Baths8Total Finished SqFt9,792 SqFtAbove Grade Finished SqFt9,792 SqFtStories1Lot Size36,590 SqFtStyleMulti-Family Res (5+ Units)Year Built1971ZoningR2CountySUTTERAPN052-371-020-000

Schools near 443 Robinson Avenue

This home is within Yuba City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Bridge Street Elementary School
PublicK to 5

Gray Avenue Middle School
Public6 to 8

River Valley High School
Public9 to 12

Yuba City Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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443 Robinson Avenue is a multi-family home for sale in Yuba City, CA 95991. This property was listed for sale on February 14, 2024 by Magnify Real Estate, it's currently listed at $2,275,000. It has been on the market for a total of 72 days and was last sold on July 29, 2022. This listing's school district is Yuba City Unified School District. Nearby schools include Bridge Street Elementary School, Gray Avenue Middle School and River Valley High School. 443 Robinson Avenue is a 0-bed, 0-bath, 9,792 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Magnify Real Estate, Amit Urban, DRE #01998926

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.