317 5th Street

Marysville, CA 95901

$1,475,000
Price
3
Beds
2
Baths
9,920 Sq. Ft.
$149 / Sq. Ft.
9,920
Sq. Ft.
$149
per Sq. Ft.

Description

Turton Commercial Real Estate is proud to present 317 5th Street, a multifamily investment property located in the historic heart of Marysville. This distinguished complex boasts 8 units, each offering roughly 1,200 SF of living space, comprised of 5 two-bedroom one-bathroom apartments and 3 three-bedroom one-bathroom apartments. A significant renovation in 2020 upgraded the property with modern amenities including in-unit washer/dryers, HVAC wall units, and dishwashers, making it a highly desirable...Turton Commercial Real Estate is proud to present 317 5th Street, a multifamily investment property located in the historic heart of Marysville. This distinguished complex boasts 8 units, each offering roughly 1,200 SF of living space, comprised of 5 two-bedroom one-bathroom apartments and 3 three-bedroom one-bathroom apartments. A significant renovation in 2020 upgraded the property with modern amenities including in-unit washer/dryers, HVAC wall units, and dishwashers, making it a highly desirable residence for tenants. The thoughtful inclusion of these amenities, along with the spacious layouts ideally suited for families or those that want to share costs, contributes to the property's competitive edge in the market. Priced at $184,375 per door, with a total valuation of $1,475,000 reflecting a 6.5% capitalization rate, the investment is underscored by a Net Operating Income of $95,875. This includes considerations for pro-forma property taxes and a 3% vacancy reserve, in a market with a current vacancy rate of 5.3%. The recent renovations suggest that the new owner is likely to face fewer immediate, significant deferred maintenance or improvement costs, enhancing the property's appeal.
  1. Listed by James Nabers • DRE #02231233 • Ken Turton, Broker
    P: (916)-817-0140 haydennabers@turtoncom.com

Property Details for 317 5th Street

Parking Features
Street
Zoning
C-2
LISTING UPDATED: 10/22/2024 01:48 PM

Property Details for 317 5th Street

StatusActive
MLS #224117319
Days on Compass31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1908
Lot Size0.15 AC / 6,573 SF
CountyYuba County

Building Information for 317 5th Street

Stories2Residences8Year Built1908Building Size-Lot Size0.15 AC / 6,573 SF

Property Information for 317 5th Street

Summary
Location and General Information
  • Area/District: 12502
  • Area Short Display: 12502
  • Cross Street: Oak Street
  • City: Marysville
  • County: Yuba
  • State: CA
  • Zip Code: 95901
  • Zip Plus 4: 5730
  • Directions to Property: 317 5th Street, Marysville
Taxes and HOA Information
  • APN: 010-182-006-000
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Yuba
  • Elementary School District: Marysville Joint
  • Middle or Junior School District: Marysville Joint
  • Senior High School District: Marysville Joint
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 0
  • 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: 0.1509
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 6573.0
  • Lot Features: Curb(s)
Property and Assessments
  • Home Warranty: false
  • Irrigation: Public District
  • Year Built: 1908
  • Picture Count: 13
  • 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: 401.0
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electric, Internet Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Brick
  • Foundation: Brick/Mortar
  • Horse Property: false
  • Pool: false
  • Senior Community: false
Interior Features
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Window Unit(s)
  • Flooring: Carpet, Wood
  • 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: 5
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 3
  • 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: 0
  • # 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: 3
  • Unit 1 Full Baths: 2
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $1,495.00
  • Unit 1 Approx SqFt: 1150.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Rent Only
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%

Property History for 317 5th 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 317 5th Street

Taxable ValueLand$55,774Additions$273,299Total$329,073
Tax Record2024$5,779 ($482 / month)
Home Facts
Total Finished SqFt9,920 SqFtAbove Grade Finished SqFt9,920 SqFtStories2Lot Size6,568 SqFtStyleQuadraplexYear Built1908Year Renovated1925ZoningC-2CountyYUBAAPN010-182-006-000

Schools near 317 5th Street

This home is within Marysville Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Covillaud Elementary School
PublicK to 5

Anna McKenney Intermediate School
Public6 to 8

Marysville High School
Public9 to 12

Paragon Collegiate Academy
CharterK to 8

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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Similar Sold Homes

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317 5th Street is a multi-family home for sale in Marysville, CA 95901. This property was listed for sale on October 17, 2024 by Ken Turton, Broker, it's currently listed at $1,475,000. It has been on the market for a total of 31 days and was last sold on March 27, 2018. This listing's school district is Marysville Joint Unified School District. Nearby schools include Covillaud Elementary School, Anna McKenney Intermediate School and Marysville High School. 317 5th Street is a 3-bed, 2-bath, 9,920 sqft multi-family home built in 1908.

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 Ken Turton, Broker, James Nabers, DRE #02231233

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.