NOT LISTED FOR SALE

1640 7th Avenue 675-685 High St Oroville, CA 95965

8 Beds
6 Baths
4,171 Sq Ft
0.35 Acres

Last Sold December 30, 2016

Last sale price $250,000 $60 Per Sq Ft

373 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Dual Staircase
  • No HOA
  • 0.35 Acre Lot

About This Home

As of December 2016

Income opportunity is knocking at your door! 3 buildings with one APN next to one another.
Property profile is 1640 7th Ave but buildings numbers are 675,677,679,681,683,685 High. Close to schools, shopping, and grocery. Offering 6 units in total-- (2 units) 2 bedroom one bath, (2 units) 1 bedroom one bath , and (2 units) 1 bedroom cottages. Seller is paying utilities around $120 per month.
Seller would like to sell as-is. Excellent rental history!

Last Agent to Sell the Property

Sima Saboury

Porchlight Real Estate Brokers License #01792124 Listed on: 09/27/2016

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Interior Spaces

  • 4,171 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 012173002000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $1,871
  • Trash Expense $40
  • Water Sewer Expense $80
  • New Taxes Expense $3,441
  • Gross Income $3,300
  • Net Operating Income $30,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 80.00
  • Property Type: Residential Income
  • Parcel Number: 012173002000
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 59.94
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 15246.00
  • Price Per Lot Square Foot: 22.04
  • Lot Size Acres: 0.3500

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1871.00
  • Lot Size Area: 15246.0000 Square Feet
  • Net Operating Income: 30688.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 6752.00
  • Rent Control: No
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 3441.00

Range of Values:

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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
12/30/2016 12/30/16 Sold $250,000 -25.6% $60 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/10/2015 10/10/15 For Sale $336,000 -- $81 / 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: CH15222659

California Regional Multiple Listing Service (CRMLS)