Great investment opportunity with strong income potential! A home with 8 studios. This unique property features a spacious 3-bedroom 2-full bath main home along with 8 studio units-formely a motel-offering a versatile multi-income setup. The main residence includes oner 1,500 sq ft of living space with central heating and air, a functional layout, tile and laminate flooring, and tile countertops. A detached 2-car garage adds convenience and storage. each of the 8-unit studios includes a full bath and a small kitchen. The studio's building roof was replaced approximate 2 years ago. Two of the unit studios remain unfinished, providing additional value-add potential. Situated on a 1.72 acre lot with excellent freeway access and visibility. this property offers a wide range of potential rental or comercial uses. Realtor advise buyers to verify all zoning, permitted uses, and regulations with the city of Live Oak and with Sutter County.
Live Oak is located in California. Live Oak, California has a population of 9,119. Live Oak is less family-centric than the surrounding county with 34.64% of the households containing married families with children. The county average for households married with children is 35.23%.
The median household income in Live Oak, California is $62,974. The median household income for the surrounding county is $67,003 compared to the national median of $69,021. The median age of people living in Live Oak is 34.1 years.
The average high temperature in July is 95.6 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 25.1 inches per year, with 0.1 inches of snow per year.
