$409,000
$20K PRICE DROP

21 Acacia Ave Oroville, CA 95966

Estimated payment $2,588/month

Total Views 6,231
6 Beds
3 Baths
1,560 Sq Ft
$262 Price per Sq Ft

Highlights

  • Fishing
  • Community Lake
  • Neighborhood Views
  • 0.5 Acre Lot
  • No HOA
  • Hiking Trails

About This Home

GREAT 3-UNIT INVESTMENT OPPORTUNITY IN A WONDERFUL LOCATION! You will love the location of this rental income property with trees and open space in a great neighborhood. Each unit is a 2 bedroom/1 bath cottage with its own fenced yard. There is an onsite coin-op laundry room for added income and property has space tenant parking. Fully rented with excellent rental history and income with long-term tenants. Current rents are below market amount. This is a great opportunity for your first investment property or to grow your established rental portfolio. Oroville is a growing community and the property is centrally located in an established residential area near schools, medical facilities and shopping. The property is close to downtown Oroville as well as Lake Oroville for recreational opportunities. Don't wait on this opportunity to purchase this special rental income property.

Listing Agent

Karen Martin

Karen Whitlow Martin Real Estate Brokerage Phone: 530-228-5553 License #01387933 Listed on: 03/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Level Lot

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 033260008000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Community Lake
  • Foothills

Recreation

  • Fishing
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $180
  • Gardener Expense $1,440
  • Insurance Expense $3,012
  • Trash Expense $972
  • Water Sewer Expense $264
  • Operating Expense $5,868
  • Gross Income $30,793
  • Net Operating Income $24,925

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 136333
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 264.00
  • Zoning: R1
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 033260008000
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 262.18

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 972.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Hiking, Lake, Horse Trails, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 180.00
  • Gross Income: 30793.00
  • Gross Scheduled Income: 30793.00
  • Insurance Expense: 3012.00
  • Laundry Income: 493.00
  • Lot Size Area: 21780.0000 Square Feet
  • Net Operating Income: 24925.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Operating Expense: 5868.00
  • Rent Control: Yes
  • Total Expenses: 5868.00

Tax Info

  • Tax Census Tract: 27.00
  • Tax Lot: 18

Map

Range of Values:

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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
09/07/2025 09/07/25 Price Changed $409,000 -4.7% $262 / Sq Ft
03/13/2025 03/13/25 For Sale $429,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR25054333

California Regional Multiple Listing Service (CRMLS)
California Butte County Oroville 95966

21 Acacia Ave, Oroville, CA

This home is located at 21 Acacia Ave, Oroville, CA 95966 and is currently priced at $409,000, approximately $262 per square foot. This property was built in 1948. 21 Acacia Ave is a home located in Butte County with nearby schools including Oroville High School, Ipakanni Early College Charter School, and Sierra School of Butte County.

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.

California Regional Multiple Listing Service (CRMLS) 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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Karen Martin
Listing Agent
Karen Martin
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Karen Whitlow Martin Real Estate
(530) 994-8842