1640 7th Ave Oroville, CA 95965
Estimated payment $4,232/month
Highlights
- 0.35 Acre Lot
- High Ceiling
- No HOA
- Property is near public transit
- Lawn
- Neighborhood Views
About This Home
Looking for an investment property that stands out from the rest? This fully occupied 6-unit property offers built-in income, established tenants, and a layout that brings both versatility and charm, all just minutes from Downtown Oroville and the Fish Hatchery. This isn’t your typical cookie-cutter investment. The property features a mix of unit styles, including townhouse-style units with 2 bedrooms and 1.5 bathrooms, each with their own fenced yard, along with multiple 1-bedroom, 1-bathroom cottages and duplex-style units. The variety creates broad rental appeal and flexibility, helping maintain consistent occupancy. Each unit has its own personality, giving the property a unique, inviting feel while still functioning as a strong income-producing asset. Tenants benefit from the convenient location near schools, shopping, and everyday amenities, making it an easy place to live and a smart place to invest. Fully occupied and already performing, this property offers the opportunity to step into a turnkey investment with immediate cash flow and long-term potential.
Listing Agent
Keller Williams Realty Chico Area Brokerage Phone: 530-828-0515 License #02020337 Listed on: 03/27/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1945
Lot Details
- 15,246 Sq Ft Lot
- Chain Link Fence
- Rectangular Lot
- Level Lot
- Lawn
- Back and Front Yard
Home Design
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 4,171 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Window Screens
- Living Room
- Storage
- Neighborhood Views
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Gas Range
- Free-Standing Range
- Range Hood
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Vented Exhaust Fan
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Legal Lot and Block 1,2 / 4
- Assessor Parcel Number 012173002000
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,148 | $551,210 | $114,444 | $436,766 |
| 2024 | $9,148 | $535,500 | $112,200 | $423,300 |
| 2023 | $6,511 | $278,528 | $55,774 | $222,754 |
| 2022 | $6,120 | $273,127 | $54,681 | $218,446 |
| 2021 | $5,916 | $267,831 | $53,609 | $214,222 |
| 2020 | $5,630 | $265,117 | $53,060 | $212,057 |
| 2019 | $5,585 | $259,978 | $52,020 | $207,958 |
| 2018 | $5,407 | $254,940 | $51,000 | $203,940 |
| 2017 | $5,315 | $250,000 | $50,000 | $200,000 |
| 2016 | $3,882 | $121,583 | $32,331 | $89,252 |
| 2015 | $3,738 | $119,795 | $31,846 | $87,949 |
| 2014 | $3,441 | $117,498 | $31,223 | $86,275 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $650,000 | +22.6% | $156 / Sq Ft | |
| 02/15/2023 02/15/23 | Sold | $530,000 | -10.9% | $127 / Sq Ft | View Prior Sale |
| 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)
MLS Number: SN26066836
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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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Ask me questions while you tour the home.