1651 3rd Avenue | MLS #226011261 | RE/MAX California & Hawaii
 
  • 143 days on site
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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.

Source: MetroList MLS, MLS#: 226011261

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  • Property Type
    Residential
  • Lot
    0.79 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1651 3rd Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: MetroList MLS Price Reduction
$479,000 -11.1%
3/4/2026Source: MetroList MLS Price Reduction
$539,000 -10.2%
2/7/2026Source: MetroList MLS Added to Database
February 07, 2026
Listing provided courtesy of RE/MAX Gold- MLS# 226011261MLS Provider