Turton Commercial is pleased to announce the sale of 598 N. Walton Ave, Yuba City in an off-market transaction. The property, built in 1990, features 26 residential units across 18,500 square feet. Despite recent upgrades to almost every unit and the building infrastructure, the average rent for the entire building was approximately 50% below the market average for comparable product in the area. As such, the buyer plans to implement a traditional “value-add” lease up strategy to increase the average rents closer to market. The property sold for $2,900,000 or approximately $111,500 per door on January 23, 2025 . Jon lang with Turton Commercial represented both the seller and buyer in the transaction. – January 2025