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$750000   Price Analysis
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60 Nelson Ave
Oroville, CA 95965
16 bed 8 bath 5760 SqFt ($130/SqFt)
1.13 acre lot. Built 1979
Listed 2024-07-21, Taxes $4832
USDA Eligible
near Oroville, CA
 Restrictions may apply
due to home size

INVESTMENT OPPORTUNITY ALERT!

Wow, not too often you find TWO Contiguous FOUR-PLEXES for a total of EIGHT UNITS on two parcels. 60 and 64 Nelson Ave are fully rented and EACH unit offers 2-Bedrooms, 1-Bath, a single car garage and approximately 720+/-SqFt Each. This is a extraordinary op portunity for your first investment property or to help grow an already established rental portfolio.

Oroville is a growing community and these properties are centrally located in a popular area near goods, services and transportation. Dont miss an opportunity like this, Multi-Family properties re difficult to find and this one has great growth potential. Take a look today while these are still available.


Presented by Chari Bullock at
American Homes And Land.
Listing Agent Photo

Property MLS #SN24149613 from CRMLS

Bedrooms: 16

Laundry Features: In Garage

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 8

Lot Description: 6-10 Units/Acre, Level with Street
Lot Size Acres: 1.13
Lot Size Source: Assessor
Lot Size Square Feet: 49223

Road Frontage Type: City Street
Road Surface Type: Paved

Garage Spaces: 5
Parking Total: 16

View: Neighborhood

Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1

Number of Units Leased: 8

Community Features: Curbs, Fishing, Hiking, Lake, Watersports, Suburban

Source Listing Status: Active
County: Butte
Source Property Type: Residential Income
Number of Separate Electric Meters: 10
Number of Separate Gas Meters: 10
Number of Separate Water Meters: 2
Parcel Number: 031053080000
Postal Code Plus 4: 3469
Trash Expense: 3136.00
Zoning: R2M
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$167041 + $55673
$222714
$4832
2022$163766 + $54582
$218348
$4555
2021$160555 + $53512
$214067
$4442
2020$158909 + $52964
$211873
$4239
2019$155794 + $51926
$207720
$4207
2018$152740 + $50908
$203648
$4022
2017$149746 + $49910
$199656
$3940
2016$146810 + $48932
$195742
$3894
2015$144605 + $48197
$192802
$3725
2014$141773 + $47253
$189026
$3538
2013$141133 + $47040
$188173
$3346
2012$138366 + $46118
$184484
$3216
2010$135653 + $45214
$180867
$2980
2009$134960 + $44984
$179944
$2816
2009$134640 + $44877
$179517
$2816
2008$132314 + $44102
$176416
$2686
2007$129720 + $43238
$172958
$2598

Listed 2024-07-21
$750000
CRMLS
Sold 2002-10-09
$160000
Public Record
Sold 1979-01-01
$52500
Public Record

Net Operating Income: 82202.00

Total Square Feet Living: 5760
Year Built: 1979
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Concrete, Frame
Entry Level: 1
Entry Location: Front
Foundation Details: Slab
Property Age: 45
Levels or Stories: One
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 360.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1303.00
Water Source: Public

Plumas Avenue Elementary School is a public elementary school located approximately 0.7 miles away.
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Nelson Avenue Middle School is a public middle school located approximately 0.9 miles away.
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Oroville High School is a public high school located approximately 1.2 miles away.
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St Thomas School is a private elementary and middle school located approximately 0.9 miles away.
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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.