NOT LISTED FOR SALE

1640 7th Ave Oroville, CA 95965

8 Beds
8 Baths
4,171 Sq Ft
0.35 Acres

Last Sold February 15, 2023

Last sale price $530,000 $127 Per Sq Ft

166 Days on Market

Highlights

  • 0.35 Acre Lot
  • Laundry Room
  • Front Yard
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of February 2023

Your hunt for the ideal investment opportunity is over—Check out these 6 units! #683 & #685 (Blue) offer 2 bedroom, 1.5 bathroom townhouse style units with ample fenced yards. #681 (Red) & #679 (Yellow) are darling 1 bedroom, 1 bathroom cottages. Plus an additional duplex, #675 & #677 (Green) features (2) 1 bedroom, 1 bathroom units. Tenants enjoy the great location & convenience of being close to schools and shopping. Snatch these colorful cuties up before they're gone!

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 08/11/2022

Re/Max of Chico

Last Buyer's Agent

Chenoa Rivera

Keller Williams Realty Chico Area License #02020337

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.35 Acre Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 4,171 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1,2 / 4
  • Assessor Parcel Number 012173002000

Community Details

Overview

  • 4 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $2,000
  • Professional Management Expense $4,210
  • Water Sewer Expense $1,600
  • New Taxes Expense $7,448
  • Operating Expense $15,258
  • Gross Income $5,390
  • Net Operating Income $49,422

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 99167
  • Professional Management Expense: 4210.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Zoning: R2M
  • Property Type: Residential Income
  • Parcel Number: 012173002000
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 127.07

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 15246.00
  • Lot Size Acres: 0.3500

Multi Family

  • Gross Income: 5390.00
  • Gross Scheduled Income: 64680.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 15246.0000 Square Feet
  • Net Operating Income: 49422.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 15258.00
  • Rent Control: Yes
  • Total Expenses: 15258.00

Tax Info

  • New Taxes Expense: 7448.00
  • Tax Block: 4
  • Tax Census Tract: 28.00
  • Tax Lot: 1,2

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

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $530,000 -10.9% $127 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $595,000 -7.0% $143 / Sq Ft
11/28/2022 11/28/22 Price Changed $639,500 -1.5% $153 / Sq Ft
09/29/2022 09/29/22 Price Changed $649,000 0.0% $156 / Sq Ft
09/29/2022 09/29/22 For Sale $649,000 -2.4% $156 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $665,000 -- $159 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22176435

California Regional Multiple Listing Service (CRMLS)