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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$269,000

Est. payment - /mo

4 Beds

2 Baths

8,712 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OR26097684

Bedrooms 4

Lot Size 8,712 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Potential large loan assumption on this duplex with easy terms. Long term tenants in place. Looking to create your own retirement plan? This property could be a great addition to your portfolio. Located within the city limits of Oroville and within walking distance to parks, schools, daycare facilities, and town, and just across the street from Harrison Stadium. Each unit consists of 2 bedrooms and 1 bathroom with approximately 700 square feet per unit. Current rents are $750 and $800 per month, with scheduled increases to $810 and $860 effective July 1, 2026, which will remain below market rents averaging over $1,000+ per month for similar style units offering future upside potential. There is an attached laundry room on the left side of the structure; no coin operated, but could be installed if desired. Property includes three power meters, one for each unit and one for the laundry room. Owner pays water and trash. Each unit has its own rear yard area. Chain link fencing with wood surround provides separation. Off-street parking available in the front for up to four vehicles, with privacy bushes buffering the road. Exterior of the building is stucco. Parking area, landscaping and building cosmetics could use some TLC. Units are owner-managed. This may not be a high cash flow property, but it offers the potential to pay for itself over time as part of a long-term retirement strategy. With a potential negotiable loan assumption, this presents an opportunity for a buyer to avoid lender and appraisal fees, as well as the time and hurdles associated with traditional financing.

Location

State CA

County Butte

Zoning Assessor

Direction This is directly across from Harrison Stadium, other side of road on Pomona Avenue.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 012135030000

Acceptable Financing Cash, Seller May Carry

Listing Terms Cash, Seller May Carry

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Listed by Mario Gattavara, DRE#01368823 100 for 100 Realty

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1190 Pomona Avenue Oroville, CA 95965