1250 Melton Drive, Yuba City, CA 95991

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1250 Melton Drive,Yuba City, CA 95991
$4,100,000
  • - Beds
  • - Baths
  • 21,019 sq. ft.
  • Multi-family
  • Active
Listed by:shadi qutub
Office:nick sadek sotheby's international realty
MLS#:225049622
Source:MFMLS

Price summary

  • Price:$4,100,000
  • Price per sq. ft.:$195.06

About this home

Pheasant Court presents a rare opportunity to acquire a well-maintained, 32-unit apartment complex in the heart of Yuba City. Built in 1991, the property consists of a strong unit mix with a studio, (7) one-bedrooms, and (24) two-bedroom units ideal for attracting a broad tenant base. Strategically located near retail, schools, and major freeway access, Pheasant Court benefits from consistent tenant demand and minimal vacancy. At an average price of **$132,258 per door**, this offering sits below replacement cost, presenting immediate value and significant long-term upside through rent growth and operational efficiencies. Whether you're expanding your portfolio or entering a stable submarket with strong fundamentals, Pheasant Court is an ideal value-add or long-term hold opportunity for investors looking to expand or optimize their multifamily portfolio.

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Home facts

  • Year built:1991
  • Listing Id #:225049622
  • Added:370 day(s) ago
  • Updated:August 15, 2025 at 02:44 PM

Rooms and interior

  • Living area:21,019 sq. ft.

Heating and cooling

  • Cooling:Central, Varies by Unit, Wall Unit(s)
  • Heating:Central, Varies by Unit, Wall Furnace

Structure and exterior

  • Year built:1991
  • Building area:21,019 sq. ft.
  • Lot area:0.74 Acres

Utilities

  • Sewer:In & Connected

Finances and disclosures

  • Price:$4,100,000
  • Price per sq. ft.:$195.06
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: August 15, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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