NOT LISTED FOR SALE

1150 Pine St Oroville, CA 95965

2 Beds
1 Bath
11,584 Sq Ft
0.66 Acres

Last Sold August 22, 2017

Last sale price $950,000 $82 Per Sq Ft

98 Days on Market

Highlights

  • 28,750 Sq Ft lot
  • Resident Manager or Management On Site
  • Baseboard Heating
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 3-minute walk to Rotary Park

About This Home

As of August 2017

Perfect Investment Opportunity!! Low maintenance apartment complex. This complex consists of 2 buildings, each 2 story, with 16 units. Located in the heart of Oroville it is within walking distance of the Feather River and parks and local attractions. All units are 2bedrooms, 1 bath with a pantry, kitchen bar, refrigerator, open concept, and tub/shower combo. The property is located at a dead end street so it is very quiet. Laundry is onsite.

Last Agent to Sell the Property

Lisa Gregory

Gregory Realty Group License #01504394 Listed on: 03/21/2017

Last Buyer's Agent

Lisa Gregory

Gregory Realty Group License #01504394 Listed on: 03/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.66 Acre Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • 11,584 Sq Ft Home
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Parking Available
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Natural Gas Connected
  • Private Sewer
  • Phone Available
  • Cable TV Available

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Assessor Parcel Number 012023004000

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Insurance Expense $4,322
  • Other Expense $35,832
  • Pest Control $1,008
  • Trash Expense $4,896
  • Water Sewer Expense $4,560
  • New Taxes Expense $14,972
  • Operating Expense $67,208
  • Gross Income $125,000
  • Net Operating Income $57,792

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Resident Manager
  • Water Sewer Expenses: 4560.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 012023004000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 82.01

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Uncovered, Asphalt

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Baseboard
  • Laundry Features: Common Area, Community
  • Pest Control Expense: 1008.00
  • Sewer: Private Sewer
  • Trash Expense: 4896.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 28749.60

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 724 Square Feet
  • Gross Income: 125000.00
  • Gross Scheduled Income: 125000.00
  • Insurance Expense: 4322.00
  • Net Operating Income: 57792.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Total: 16
  • Operating Expense: 67208.00
  • Other Expense: 35832.00
  • Other Expense Description: mortgage
  • Rent Control: No
  • Total Expenses: 67208.00

Tax Info

  • New Taxes Expense: 14972.00
  • Tax Census Tract: 28.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $950,000 -17.3% $82 / Sq Ft
03/21/2017 03/21/17 For Sale $1,149,000 -- $99 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Gregory

    Gregory Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR17060266

California Regional Multiple Listing Service (CRMLS)
California Butte County Oroville 95965

1150 Pine St, Oroville, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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