4736 Fleming Way - Apartments FOR SALE


Olivehurst, CA 95961
$1,650,000 USD
916-813-2504
4736 Fleming Way, Olivehurst, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/44
null | 6.8% Cap Rate

4736 Fleming Way
Olivehurst, CA 95961


HIGHLIGHTS

  • Built in 2025 so no differed maintenance
  • 6.8% on new built with depreciation benefits makes this great opportunity for investor
  • No rent cap on new built, provide investors to increase income with annual increases

OVERVIEW

This brand-new rental portfolio includes four duplexes (eight total units) located in Olivehurst, CA, just north of Sacramento. Each unit features fully owned solar for long-term energy savings. All units are leased on one-year terms with projected 8% annual increases in years 2–4. Because the property was built after January 1, 2025, it qualifies for Exemption from Rent Cap under AB 1482. Professional local management is in place at 5.5%. The property is steps from Olivehurst Community Park and near local schools, shopping, and daily amenities, positioning it well for tenant demand. This offering delivers immediate income, built-in rent growth, and strong long- term potential in a growing Northern California submarket.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,250

CAP RATE

6.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

013-232-031-000

ASK ABOUT THIS PROPERTY

Moti PalIntero Real Estate Services, Inc.More Info
916-813-2504

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Moti PalIntero Real Estate Services, Inc.More Info
916-813-2504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.