598 N Walton Avenue, Yuba City, CA 95993
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
598 N Walton Avenue,Yuba City, CA 95993
$3,900,000
- - Beds
- - Baths
- 15,087 sq. ft.
- Multi-family
- Active
Listed by: jon lang
Office: ken turton, broker
MLS#:226125627
Source:MetroList
Price summary
- Price:$3,900,000
- Price per sq. ft.:$258.5
About this home
598 N. Walton Ave in Yuba City, also known as the Summerfield Apartments, is a value-add multifamily property featuring 26 residential units, including 24 one bedroom and one-bathroom units and two studio units across two floors. The building measures 15,087 square feet resulting in an average unit size of 580 square feet. The Property is a classic value-add'' investment opportunity with below market rents. 13 of the 26 units are leased at an average rent of $746 per month while the other 13 units, which have been leased within the last three years, are leased at an average rent of $1,260 per month; therefore, half of the building is leased at approximately 40% of the current market rent. Almost all the units at the Property have been renovated or updated to some degree in the last decade including new LVP flooring or carpet, updated bathrooms and kitchens, and new interior paint and lighting. All units are serviced by an individual package HVAC unit and have use of a shared laundry room on the ground floor. The Property features a large on-site parking lot with 30 total stalls including a covered stall dedicated to each unit. SB721 clearance completed by the close of escrow. The property is prominently located the corner of N. Walton and Bridge Street, just minutes from Highway 99 and nearby amenities. The property is offered at $3,900,000 or $150,000 per unit....
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Home facts
- Year built:1990
- Listing ID #:226125627
- Added:19 day(s) ago
- Updated:October 27, 2026 at 05:01 PM
Rooms and interior
- Flooring:Carpet
- Kitchen Description:Dishwasher, Disposal, Electric Cook Top
- Living area:15,087 sq. ft.
Heating and cooling
- Cooling:Central, Heat Pump
- Heating:Central, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1990
- Building area:15,087 sq. ft.
- Lot area:0.69 Acres
- Lot Features:Corner
- Construction Materials:Stucco, Wood
- Exterior Features:Balcony/Deck
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$258.5
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cook Top
- Laundry features:In Common Area
Parking
- Total parking spaces:30
- Carport spaces:26
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