Average square foot calculated using Size range provided by listing agent.
Description
1633 Starr Drive is a well-maintained, mixed-use property in Yuba City offering strong cash flow and long-term upside. Built in 2000, the property includes 11 units: 2 office suites, 1 residential apartment (1 bed / 1 bath), and 8 shop/warehouse spaces. With a projected gross income of $123, 600 and estimated net income of $99, 281, the property offers a 6.02% pro forma CAP rate based on current market rents. Two shop units are owner-occupied, allowing flexibility for an owner-user or additional tenants. Current rents are below market, presenting immediate value-add potential. Features include 220V power in each shop, a fire suppression sprinkler system, metal siding with stucco frontage on the offices, and a composition roof replaced approximately 3 years ago. The mixed-use layout provides diversified income streams. Limited availability of similar inventory in the Yuba City market enhances long-term value and rental demand. Owner is open to seller financing at market interest rate for up to 10 years with 50% down. An ideal opportunity for investors seeking cash flow, stability, and appreciation in a supply-constrained market.Show Description
MLS® Number225099641
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2000
Stories0
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatCentral, Varies by Unit
A/CCentral, Varies by Unit
Heating Fuel
Extras
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