
1651 3rd Avenue, Olivehurst, CA 95961
Yuba County
Key Facts
Description
Unique opportunity with multiple income streams on one parcel in Olivehurst. This property features two separate homes plus an additional unit, offering flexibility for investors or owner-occupants looking to offset their mortgage. The front home is a 2 bed, 2 bath (~1,150 sq ft) currently rented for $1,600/month, and the rear two-story home is a 3 bed, 1.5 bath (~1,450 sq ft) rented for $1,520/month. There is also a middle 2 bed, 2 bath unit generating $720/month (buyer to verify foundation and permits). Total current gross rent is approximately $3,840/month, with potential upside as two of the units appear to be below current market rents. Each unit has its own designated parking, private yard space, and separate mailbox, with fencing between units providing privacy that's hard to find in multi-unit properties. Ideal setup for someone looking to live in one unit and rent the others, or for an investor seeking a property with existing income and future upside. Convenient location with easy access to Hwy 70 and nearby amenities.
Property Information
Property Type
Residential
Year Built
1986
Stories
1
Living Area
1,451 sq ft
Lot Size
0.79 acres
MLS® Listing#
226011261
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- Yuba
Financial Details
HOA
None
Parcel Number
013-451-024-000
Directions
From CA-70 North, take Exit 18A toward Lindhurst Ave. Continue onto Lindhurst Ave, then turn left onto Olivehurst Ave. At the traffic circle, take the first exit onto Chestnut Rd. Turn left onto 3rd Ave, then turn right to arrive at 1651 3rd Ave, Olivehurst.
Affordability Calculator
$95,800
Estimated monthly payment
$2,549/mo
Principal $383,200 · Est. interest $534,598 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Olivehurst, CA
- $441,935
- Median Listing Price
- 43
- Median Days on Market
- 1,576
- Median Sq Ft
- $281
- Median Price / Sq Ft
- 59
- Active Listings
- This home’s price is 8% above the area median.
- Its price per sq ft is 17% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Olivehurst, CA.
Location
Map is currently unavailable for this location.
Points of Interest in Olivehurst, CA
Showing the Olivehurst area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1947 Glenmore Drive, Olivehurst, CA | $350,000 | 3 | 2 | 1,576 |
| 4372 Evelyn Drive, Olivehurst, CA | $355,000 | 3 | 2 | 1,080 |
| 1885 15th Street, Olivehurst, CA | $359,000 | 4 | 2 | 1,325 |
| 1866 16th Street, Olivehurst, CA | $364,900 | 3 | 2 | 1,300 |
| 4087 Deaton Drive, Olivehurst, CA | $375,000 | 3 | 2 | 1,319 |
| 1054 Jay Street, Olivehurst, CA | $379,900 | 3 | 2 | 1,868 |
Moving Cost Estimate
EXIT Agents in Olivehurst
Listing Courtesy: RE/MAX Gold - 9162187500
Presented by: Kenneth Avila
CA DRE# 01520140. Kris Klair Broker
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