CA > Oroville
Oroville, CA 95966,2386 C ST
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Oroville, CA 95966,2386 C ST
Oroville, CA 95966,2386 C ST
Oroville, CA 95966,2386 C ST
Oroville, CA 95966,2386 C ST
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Stephanie Houston

Stephanie Houston

+1(530) 519-8623
$ 949,500
Est. payment /mo
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Active

2386 C ST Oroville, CA 95966

3,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $247

MLS Listing ID 225137252

HOA Y/N No

Year Built 1963

Lot Size 9,584 Sqft

Acres 0.22

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

2376-2386 C Street presents an exceptional investment opportunity to acquire a renovated 8-unit apartment building located in Oroville, CA. Priced at $949,500, this stabilized, cash-flowing asset offers investors immediate income with strong long-term upside. The property features eight 1-bedroom/1-bathroom units, each recently updated to attract and retain quality tenants. Current rental income of $9,800 per month ($117,600 annually) gives this property approximately a 7.43% cap rate (assuming 40% expenses). Investors will appreciate the updated condition and affordable price per door (~$118k/unit), making this an accessible entry point into Northern California's multifamily market. With limited comparable inventory in Oroville and rising rental demand, this asset is well-positioned for both cash flow and appreciation.

Location

State CA

County Butte

Area 12567

Direction From downtown Oroville take Lincoln Road south to C Street. Turn left onto C Street and the property is on your left side on C Street and the corner of Roseben Street.

Interior

Interior Features Vaulted Ceiling(s)

Heating Wall Furnace, Natural Gas

Cooling Wall Unit(s), Window Unit(s)

Flooring Tile, Vinyl, Wood

Appliance Free Standing Electric Oven

Laundry Other

Exterior

Parking Features Off Street

Utilities Available Cable Connected, Other

Water Access Desc Public

Total Parking Spaces 8

Building

Lot Description Corner

Story 1

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Oroville City

Middle Schools Oroville City

High Schools Oroville Union

School District Butte

Others

Senior Community No

Tax ID 035-111-008-000.035-111-007-000

Special Listing Condition None

MetroList® Services, Inc
Listed by eXp of Northern California
Stephanie Houston

Stephanie Houston

+1(530) 519-8623

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2386 C ST