1820 Hile Avenue

Linda, CA 95901

$2,350,000
Price
Beds
14,800 Sq. Ft.
$159 / Sq. Ft.
14,800
Sq. Ft.
$159
per Sq. Ft.

Description

Prime Investment: 18-Unit Multifamily Property with Expansion Potential Secure a steady cash flow with this turnkey 18-unit multifamily investment, currently fully occupied. Current gross rent is $22,784. This offering comprises a 3 bed/1 bath and 2 bed/1 bath duplex, plus four 4-unit buildings, each featuring 2 bed/1 bath layouts. Capitalize on the spacious 1.45-acre lot, with room to potentially expand, boosting your ROI. Recent updates include new roofs, ensuring low maintenance. Tenants enjoy...Prime Investment: 18-Unit Multifamily Property with Expansion Potential Secure a steady cash flow with this turnkey 18-unit multifamily investment, currently fully occupied. Current gross rent is $22,784. This offering comprises a 3 bed/1 bath and 2 bed/1 bath duplex, plus four 4-unit buildings, each featuring 2 bed/1 bath layouts. Capitalize on the spacious 1.45-acre lot, with room to potentially expand, boosting your ROI. Recent updates include new roofs, ensuring low maintenance. Tenants enjoy individual hot water heaters and separate gas/electric metering. Ample parking and a desirable single-story design complete this lucrative opportunity.
  1. Listed by Remy Fortier • DRE #01804315 • eXp Realty of California

Property Details for 1820 Hile Avenue

City
LINDA
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Parking Area
Total # Parking Spaces
20
LISTING UPDATED: 11/20/2024 12:13 PM

Property Details for 1820 Hile Avenue

StatusActive
MLS #41070291
Days on Compass129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1963
Lot Size1.45 AC / 63,162 SF
CountyYuba County

Building Information for 1820 Hile Avenue

Stories-Residences18Year Built1963Building Size-Lot Size1.45 AC / 63,162 SF

Property Information for 1820 Hile Avenue

Features
Feature Details
  • Flooring: Laminate, Other
Utility Details
  • Cooling: Other
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA: No
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • Exterior: Wood Siding
  • Lot Description: Level, Premium Lot, Partial Fence
  • Lot Sq Ft Apx: 63162
  • Lot Size Square Feet: 63162.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 14800
  • Year Built: 1963
Location Details
  • Directions to Property: GPS
  • FIPS Code: 06115
  • Census Tract: 06115040
  • Parcel Number: 021-052-026-000
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • All Units Have: Other
  • Units Total: 18
  • Basement: None
  • Tenant Pays: Electric, Other
  • Financial Data Source: Estimated, Owner, Property Manager
Multi Family 5+ Information
Unit 1
  • Unit # 1 # of Bedrooms: 3
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Rent: 900
Unit 2
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Rent: 1350
Unit 3
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Rent: 1350
Unit 4
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Rent: 1350
Unit 5
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Rent: 1350
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 1
  • On Site Parking Description: Parking Area, Uncovered Parking Space
Income / Expense Details
  • Annual Rent Income: $273,408
  • Gross Income: $273,408
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1820 Hile 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 1820 Hile Avenue

Taxable ValueLand$212,241Additions$2,122,416Total$2,334,657
Tax Record2024$27,207 ($2,267 / month)
Home Facts
Baths18Total Finished SqFt2,808 SqFtAbove Grade Finished SqFt2,808 SqFtStories1Lot Size63,162 SqFtStyleQuadraplexYear Built1963ZoningR-02CountyYUBAAPN021-052-026-000

Schools near 1820 Hile Avenue

This home is within Marysville Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Charter - 7 to 12
Rating
School
Distance
Linda Elementary School
PublicK to 6

Paragon Collegiate Academy
CharterK to 8

Lindhurst High School
Public9 to 12

Marysville Charter Academy For The Arts
Charter7 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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1820 Hile Avenue is a multi-family home for sale in Linda, CA 95901. This property was listed for sale on August 19, 2024 by eXp Realty of California, it's currently listed at $2,350,000. It has been on the market for a total of 129 days and was last sold on April 12, 2021. This listing's school district is Marysville Joint Unified School District. Nearby schools include Linda Elementary School, Paragon Collegiate Academy and Lindhurst High School. 1820 Hile Avenue is a 0-bed, 0-bath, 14,800 sqft multi-family home built in 1963.

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, Remy Fortier, DRE #01804315

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.