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23271 Olive Ave, Gerber, CA 96035

List Price: $395,000On Market FlagOn market
Apr 24, 20251,783 sqft3 beds3 baths
Listed by: Juan Acevedo
License #: 01254482
Phone #: 530-865-8500
Thrive Real Estate Company
Source:
CRMLS Logo
MLS #: SN25089566

Property Description

Multi-unit opportunity in Gerber - Three homes on 18.5 acres of fertile soil and irrigable pasture. This property is perfect for those seeking space and privacy and ready to invest some sweat equity. Located in Tehama County, the property includes a ranch-style home with 2 bedrooms, 2 baths, and approximately 1,062 sq ft of living space. An additional standalone dwelling with 1 bedroom, 1 bath and approximately 714 sq ft., and a double-wide mobile home, ideal for extended family or rental income. The homes do require some TLC but appear to have solid structures with endless potential. They share a domestic well, have multiple septic systems and three separate PG&E meters. The pasture is located within El Camino Irrigation District. Horse and animal enthusiasts will value the potential this property has to offer. This peaceful retreat offers space for farming and agriculture, while maintaining close proximity to Interstate-5, Red Bluff, shopping, and dining. You are encouraged to schedule a showing to uncover the potential of this beautiful ranchette. Given its charm and location, it won’t last long! *(The total number of bedrooms, bathrooms, and living space are based on the two stick-built homes only.)
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$8,163

TurboHome Estimated Value

$469,600

$263 sqft

High Valuation
$493,080
$277/sqft
Normal Valuation
$469,600
$263/sqft
Low Valuation
$446,120
$250/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$263/sqft$469,600

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