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$575000   Price Analysis
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1547 2nd Ave
Oroville, CA 95965
6 bed 4 bath 1200 SqFt ($479/SqFt)
6098SqFt lot. Built 1959
Listed 2024-04-24, Taxes $6249
USDA Eligible
near Oroville, CA
 

5 unit apartment building with traditional floor layouts.

This building is comprised of four 1bed/1 bath units and one 2bed/1 bath unit. All units were renovated in 2019 with granite counter tops and new appliances.

Each of the units has own meter for gas and electric. Owner pays water and trash & house meter for gas & electric which services the laundry machins & exteri or lights. Stable tenants.


Presented by Dorothy MacPhail at
3 Point Real Estate & Construction.
Listing Agent Photo

Property MLS #224040926 from MetroList

Bedrooms: 6

Laundry Features: In Common Area

Cooling Features: Ceiling Fan(s), Window Unit(s)
Heating Features: Wall Furnace

Full Bathrooms: 4

Flooring: Linoleum, Wood

Carport Spaces: 5
Parking Features: Off Street, Carport, Covered
Parking Total: 5

Lot Description: Curbs/Gutters, Sidewalk
Lot Dimensions Source: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 6098

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 6790

Number of Buildings: 1
Number of 1 Bedroom Units: 4
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Square Feet: 600
Unit-2 Square Feet: 600
Unit 1 Total Actual Rent: 810
Unit 2 Total Actual Rent: 875
Unit 3 Total Actual Rent: 820
Unit 4 Total Actual Rent: 860

Elementary School District: Oroville City
High School District: Oroville Union
Middle or Junior School District: Oroville City

Oroville High School is a public high school located approximately 1 miles away.
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Sierra Avenue Elementary School is a public elementary school located approximately 1.4 miles away.
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Nelson Avenue Middle School is a public middle school located approximately 1.4 miles away.
directions icon Map directions

St Thomas School is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Gross Income: 53580
Income Includes: Rent Only, Laundry
Number of Units Leased: 5
Tenant Pays: Rent Only, Electricity, Gas

Annual Tax Amount: 6000
Source Listing Status: Active
County: Butte
Cross Street: Montgomery
Directions: Highway 70 exit Montgomery Street in Oroville, turn right on Second avenue.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Insurance Expense: 4310
Area: 12567
Source Neighborhood: 12567
Parcel Number: 012133019000
Postal Code Plus 4: 4776
Zoning: R2M
Property Subtype: Garden Apartments
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$243925 + $58970
$302895
$6249
2022$239143 + $57814
$296957
$5898
2021$234454 + $56681
$291135
$5736
2020$232050 + $56100
$288150
$5497
2019$227500 + $55000
$282500
$5447
2018$155922 + $31815
$187737
$4301
2017$152865 + $31192
$184057
$4231
2016$149868 + $30581
$180449
$4172
2015$147617 + $30122
$177739
$4002
2014$144726 + $29532
$174258
$3850
2013$144072 + $29399
$173471
$3547
2012$141248 + $28823
$170071
$3388
2010$138479 + $28258
$166737
$3115
2009$137772 + $28114
$168386
$2921
2009$137445 + $28047
$167992
$2921
2008$135071 + $27563
$165134
$2781
2007$132423 + $27023
$161946
$2680

Listed 2024-07-04
$575000
CRMLS
Price Changed 2024-07-01
$575000
MetroList
Listed 2024-04-24
$595000
MetroList
Sold 2018-08-31
$285000
CRMLS
Price Changed 2018-07-23
$299000
MetroList
Price Changed 2018-07-23
$299000
CRMLS
Price Changed 2018-06-22
$309000
CRMLS
Price Changed 2018-06-22
$309900
MetroList
Price Changed 2018-06-08
$319900
MetroList
Relisted 2018-05-29
$335000
CRMLS
Listing removed 2018-05-17
$335000
CRMLS
Listed 2018-04-25
$335000
CRMLS
Listed 2018-04-25
$335000
MetroList
Sold 2018-04-19
$215000
Public Record
Sold 2005-04-18
$150000
Public Record
Sold 2002-07-22
$150000
Public Record

Net Operating Income: 31726

Year Built: 1959
Construction Materials: Stucco, Vinyl Siding, Wood
Foundation Details: Raised, Slab
Property Age: 65
Structure Type: 5 or More Units

Sewer: In & Connected
Natural Gas Connected
City
Electric
Water Source: Meter Paid, Public

Security Features: Carbon Mon Detector, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.