138 South Plumas Street

Willows, CA 95988

$950,000
Price
16
Beds
8
Baths
6,200 Sq. Ft.
$153 / Sq. Ft.
6,200
Sq. Ft.
$153
per Sq. Ft.

Description

Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates 97K in annual rental income. Each unit offers 2 bedrooms and 1 bath, with two recently remodeled units currently leased at $1,300, and the remaining six at $1,000. With income potential up to $125,000 annually, this property is primed for increased returns. Ideally situated near parks, schools, the library, dining, and shopping, it's perfectly positioned for maximum value and...Exceptional Investor Opportunity with 9%+ Pro-Forma Cap Rate! This fully occupied 8-plex in the heart of Willows generates 97K in annual rental income. Each unit offers 2 bedrooms and 1 bath, with two recently remodeled units currently leased at $1,300, and the remaining six at $1,000. With income potential up to $125,000 annually, this property is primed for increased returns. Ideally situated near parks, schools, the library, dining, and shopping, it's perfectly positioned for maximum value and convenience!
  1. Listed by Amir Cackovic • DRE #01484623 • eXp Realty of California Inc.
    P: (916)-400-0000 amir@cackovic.net
  2. Listed by Andrew M Boley • DRE #02201769 • eXp Realty of Northern California, Inc.
    P: (916)-952-0411 andrewboley1@yahoo.com

Property Details for 138 South Plumas Street

Parking Features
Detached
Zoning
multiunit
LISTING UPDATED: 11/21/2024 08:02 PM

Property Details for 138 South Plumas Street

StatusActive
MLS #224109549
Days on Compass58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1979
Lot Size0.45 AC / 19,732 SF
CountyGlenn County

Building Information for 138 South Plumas Street

Stories2Residences8Year Built1979Building Size-Lot Size0.45 AC / 19,732 SF

Property Information for 138 South Plumas Street

Summary
Location and General Information
  • Area/District: Glenn County
  • Area Short Display: AB000
  • Cross Street: W Oak St
  • City: Willows
  • County: Glenn
  • State: CA
  • Zip Code: 95988
  • Directions to Property: From I5 take Biggs-Willows Rd. and turn right onto S Plumas St.
Taxes and HOA Information
  • APN: 002-17-1-003-0
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Glen
  • Elementary School District: Other
  • Middle or Junior School District: Other
  • Senior High School District: Other
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 16
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Agent-Fill
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.453
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 19731.0
  • Lot Features: Curbs/Gutters
Property and Assessments
  • Home Warranty: false
  • Irrigation: None
  • Year Built: 1979
  • Picture Count: 61
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 0.0
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 2
  • Construction Materials: Frame, Wood Siding
  • Foundation: Slab
  • Levels: Two
  • Horse Property: false
  • Pool: false
  • Senior Community: false
Interior Features
  • Heating: Central
  • Laundry Features: Coin Operated
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Central
  • Flooring: Carpet, Tile, Laminate
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 8
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 8
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • Num of Units: 8
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 4
  • Unit 1 Description: 2/1 apartment
  • Unit 1 Full Baths: 2
  • Unit 1 Partial Baths: 0
  • Unit 1 Lease Term: 12 Months
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Owner
  • Unit 1 Rent: $1,300.00
  • Unit 1 Approx SqFt: 775.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 4
Unit 2
  • Unit 2 Bedrooms: 4
  • Unit 2 Description: 2/1 apartment
  • Unit 2 Full Baths: 2
  • Unit 2 Partial Baths: 0
  • Unit 2 Lease Term: 12 Months
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Owner
  • Unit 2 Rent: $1,300.00
  • Unit 2 Approx SqFt: 775.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 4
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 4
  • Unit 3 Description: 2/1 apartment
  • Unit 3 Full Baths: 2
  • Unit 3 Partial Baths: 0
  • Unit 3 Lease Term: 12 Months
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Owner
  • Unit 3 Rent: $1,000.00
  • Unit 3 Approx SqFt: 775.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 4
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 4
  • Unit 4 Description: 2/1 apartment
  • Unit 4 Full Baths: 2
  • Unit 4 Partial Baths: 0
  • Unit 4 Lease Term: 12 Months
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Owner
  • Unit 4 Rent: $1,000.00
  • Unit 4 Approx SqFt: 775.0
  • Unit 4 SqFt Source: Owner
  • Unit 4 # of Rooms: 4
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Coin Operated Equipment, Rent Only
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%

Property History for 138 South Plumas Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 138 South Plumas Street

Taxable ValueLand$50,678Additions$357,441Total$408,119
Tax Record2024$8,411 ($701 / month)
Home Facts
Total Finished SqFt6,200 SqFtAbove Grade Finished SqFt6,200 SqFtStories2Lot Size18,730 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1994ZoningR-PCountyGLENNAPN002-171-003-000Fireplace TypeHas Fireplace

Schools near 138 South Plumas Street

This home is within Willows Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Murdock Elementary School
PublicK to 5

Willows Intermediate School
Public6 to 8

Willows High School
Public9 to 12

Willows Community High School
Public10 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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138 South Plumas Street is a multi-family home for sale in Willows, CA 95988. This property was listed for sale on September 30, 2024 by eXp Realty of California Inc., it's currently listed at $950,000. It has been on the market for a total of 58 days and was last sold on August 13, 2024. This listing's school district is Willows Unified School District. Nearby schools include Murdock Elementary School, Willows Intermediate School and Willows High School. 138 South Plumas Street is a 16-bed, 8-bath, 6,200 sqft multi-family home built in 1979.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc., Amir Cackovic, DRE #01484623; eXp Realty of Northern California, Inc., Andrew M Boley, DRE #02201769

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.