2262 Hewitt Ave Oroville, CA 95966
Oroville AreaEstimated payment $2,177/month
Highlights
- Wooded Lot
- Two Homes on a Lot
- 1 Car Garage
- No HOA
- Central Heating and Cooling System
- Rectangular Lot
About This Home
**Two Great Homes on One Lot with Strong Income Potential!**
Excellent investment opportunity featuring two separate homes on one lot, each offering privacy, dedicated outdoor space, and established rental income.
The **main home** offers 3 bedrooms, 2 bathrooms, and approximately 1,118 sq ft of comfortable living space. Features include central heating and air, an attached garage, a private yard, and a spacious primary suite. The home was remodeled prior to the current tenant moving in and has been well maintained. The current tenant recently passed the one-year mark and has just re-signed for another **one-year lease** at **$1,650 per month**.
Tucked privately behind the main residence, the **second home** enjoys its own alley access and feels completely separate from the front property. This approximately 900 sq ft home features 1 bedroom, 1 bathroom, plus a den, along with its own private yard. The rear home was just fully remodeled and now has a new tenant in place on a one-year lease at **$1,400 per month**. Additional improvements include a newer mini-split heating and cooling system and a newer roof.
Both homes feature their **own laundry facilities**, adding convenience for tenants. Even better, each unit has **separate water and power meters**, and tenants pay all utilities, including trash. This helps keep ownership expenses low and makes the property an especially attractive, investor-friendly opportunity.
The seller has maintained the property to the best of their ability and has invested **thousands of dollars over the past several years** to improve the overall condition, functionality, and appeal of both homes.
Conveniently located just a short walk from the bus station and directly across from **Raley’s Shopping Center**, the property offers easy access to shopping, transportation, and everyday amenities.
With two separate residences, established rental income, individually metered utilities, private yards, and numerous recent improvements, this is an excellent opportunity for investors looking to add a versatile income-producing property to their portfolio.
**Please Note:** Interested prospects are to provide verification of qualifications and submit an offer subject to interior inspections prior to viewing. This requirement is intended to minimize unnecessary disturbance to the existing tenants.
Expenses shown in MLS are general estimates.
Listing Agent
100 for 100 Realty Brokerage Phone: 5305888373 License #01368823 Listed on: 05/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,098 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
- Wooded Lot
Parking
- 1 Car Garage
- Parking Available
- Driveway
- Off-Street Parking
Home Design
- Duplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,018 Sq Ft Home
- 1-Story Property
- Laundry in Garage
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Central Heating and Cooling System
Additional Features
- Exterior Lighting
- Two Homes on a Lot
- Urban Location
Listing and Financial Details
- Assessor Parcel Number 012253009000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,100
- Operating Expense $2,100
- Gross Income $36,600
- Net Operating Income $34,500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,563 | $382,034 | $90,202 | $291,832 |
| 2025 | $6,004 | $374,544 | $88,434 | $286,110 |
| 2024 | $6,004 | $367,200 | $86,700 | $280,500 |
| 2023 | $5,126 | $360,000 | $85,000 | $275,000 |
| 2022 | $3,709 | $242,820 | $78,837 | $163,983 |
| 2021 | $3,607 | $238,060 | $77,292 | $160,768 |
| 2020 | $3,512 | $235,620 | $76,500 | $159,120 |
| 2019 | $3,471 | $231,000 | $75,000 | $156,000 |
| 2018 | $2,045 | $104,866 | $33,115 | $71,751 |
| 2017 | $2,007 | $102,811 | $32,466 | $70,345 |
| 2016 | $1,978 | $100,796 | $31,830 | $68,966 |
| 2015 | $1,894 | $99,283 | $31,352 | $67,931 |
| 2014 | $1,801 | $97,339 | $30,738 | $66,601 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2026 09/02/26 | Pending | -- | -- | -- | |
| 08/26/2026 08/26/26 | Price Changed | $309,000 | -3.1% | $153 / Sq Ft | |
| 05/13/2026 05/13/26 | For Sale | $319,000 | -11.4% | $158 / Sq Ft | |
| 10/25/2022 10/25/22 | Sold | $360,000 | -4.0% | $178 / Sq Ft | View Prior Sale |
| 06/22/2022 06/22/22 | For Sale | $375,000 | -- | $186 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $360,000 | Bidwell Title & Escrow | |
| Grant Deed | $231,000 | First American Title Co | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $72,250 | None Available | |
| Grant Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | New Conventional | |
| Closed | $196,000 | New Conventional | |
| Previous Owner | $232,642 | VA | |
| Previous Owner | $232,275 | VA | |
| Previous Owner | $231,000 | VA | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $120,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OR26103047
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Ask me questions while you tour the home.