NOT LISTED FOR SALE

1190 Pomona Ave Oroville, CA 95965

Estimated Value: $283,934 - $362,000

4 Beds
2 Baths
1,440 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $250,000 $174 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,020/month

7 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Partially Fenced Property
  • Evaporated cooling system
  • Rectangular Lot
  • 3-minute walk to Mitchell Field

About This Home

As of February 2020

Owner May Finance DUPLEX!!! Easy owner carry terms on this property. Tenants in place. Need to create your own retirement plan? Add this property to your retirement portfolio. City limits. Walking distance to park, schools, daycare facilities and town. Just across the street from Harrison Stadium. Each duplex consists of 2 bedrooms, 1 bathroom at about 700sf each. Tenants pay $800 & $750mo rents. There is an attached laundry room at left of structure. No coin operated laundry units; but can be installed if desired. 3 power meters. One to each unit and one serving the laundry room. Rear yard areas for each unit. Chain link fencing with wood surround. Front off street parking for 4 cars. Trashcan enclosure. Privacy bush buffers road. Newer composition roof installed in recent years past. Exterior of building is stucco. Parking area and landscaping could use a little TLC. Owner managed units. Same owner for nearly 30 years. This may not be a super cash flow property, but this could pay itself off over time to add to your retirement portfolio. Owner wants to carry the note. So an opportunity for someone for sure! Seller does not want to nor cares to cash out. Great opportunity for the individual trying to avoid lender & appraisal fees as well as the hurdles and time involved with obtaining a traditional loan. Discuss with agent on loan terms being offered by seller as specified in private MLS comments. Income and Expense information are rough estimates.

Last Agent to Sell the Property

Mario Gattavara

Coldwell Banker Lifestyle Properties License #01368823 Listed on: 01/24/2020

Coldwell Banker Lifestyle Properties

Last Buyer's Agent

Mario Gattavara

Coldwell Banker Lifestyle Properties License #01368823 Listed on: 01/24/2020

Coldwell Banker Lifestyle Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot

Home Design

  • 1,440 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Urban Location

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone, water
  • Assessor Parcel Number 012135030000

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $720
  • Water Sewer Expense $720
  • New Taxes Expense $2,900
  • Operating Expense $5,540
  • Gross Income $18,600
  • Net Operating Income $13,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,012

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 720.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 012135030000
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 173.61

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link, Partial, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, Park Nearby, Utilities - Overhead
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

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

Multi Family

  • Average2 Bed Area: 700 Square Feet
  • Gross Income: 18600.00
  • Gross Scheduled Income: 18600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 0.2000 Acres
  • Net Operating Income: 13060.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5540.00
  • Rent Control: Yes
  • Total Actual Rent: 1550.00
  • Total Expenses: 5540.00

Tax Info

  • New Taxes Expense: 2900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2025
Sold by
Gibson Geraldine K
Bought by
Gibson Geraldine K and Gibson David Wayne
Current Estimated Value
$320,484

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 12, 2020
Sold by
Barron William A and Barron Cheryl D
Bought by
Gibson Geraldine
Seller's Agent
Mario Gattavara
Coldwell Banker Lifestyle Properties
Buyer's Agent
Mario Gattavara
Coldwell Banker Lifestyle Properties
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$220,000
Interest Rate
3.72%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson Geraldine K -- None Listed On Document
Gibson Geraldine $250,000 Timios Title A Ca Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Geraldine $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $250,000 -3.5% $174 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $259,000 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,012 $273,407 $103,895 $169,512
2024 $4,012 $268,047 $101,858 $166,189
2023 $4,043 $262,792 $99,861 $162,931
2022 $3,852 $257,640 $97,903 $159,737
2021 $3,758 $252,589 $95,984 $156,605
2020 $1,885 $87,483 $17,145 $70,338
2019 $1,870 $85,768 $16,809 $68,959
2018 $1,810 $84,087 $16,480 $67,607
2017 $1,779 $82,439 $16,157 $66,282
2016 $1,754 $80,824 $15,841 $64,983
2015 $1,681 $79,611 $15,604 $64,007
2014 $1,586 $78,053 $15,299 $62,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR20017625

California Regional Multiple Listing Service (CRMLS)

APN: 012-135-030-000