Seller's Agent in 2026
Chenoa Rivera
Parkway Real Estate Co.
(530) 828-0515
10 in this area
84 Total Sales
1640 7th Ave Oroville, CA 95965
8
Beds
8
Baths
4,171
Sq Ft
0.35
Acres Lot
Highlights
- 0.35 Acre Lot
- Laundry Room
- Front Yard
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
As of February 2023Looking 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 15,246 Sq Ft 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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
| 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
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Chenoa Rivera
-
Steven Depa
Seller's Agent in 2023
Steven Depa
RE/MAX
(530) 520-8672
4 in this area
119 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN22176435
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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