2376 C St Oroville, CA 95966
Estimated payment $5,295/month
Highlights
- Vaulted Ceiling
- Corner Lot
- 1-Story Property
- Wood Flooring
- No HOA
About This Home
2376-2386 C Street presents an exceptional investment opportunity to acquire a renovated 8-unit apartment building located in Oroville, CA. Priced at $949,500, this stabilized, cash-flowing asset offers investors immediate income with strong long-term upside. The property features eight 1-bedroom/1-bathroom units, each recently updated to attract and retain quality tenants. Current rental income of $9,800 per month ($117,600 annually) gives this property approximately a 7.43% cap rate (assuming 40% expenses). Investors will appreciate the updated condition and affordable price per door (~$118k/unit), making this an accessible entry point into Northern California's multifamily market. With limited comparable inventory in Oroville and rising rental demand, this asset is well-positioned for both cash flow and appreciation.
Listing Agent
eXp Realty of Northern California, Inc. License #02201769 Listed on: 10/24/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 9,584 Sq Ft Lot
- Corner Lot
Home Design
- Concrete Foundation
- Slab Foundation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,840 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Fire and Smoke Detector
- Free-Standing Electric Oven
Flooring
- Wood
- Tile
- Vinyl
Parking
- 8 Parking Spaces
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Wall Furnace
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 035-111-008-000.035-111-007-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 3 Units Leased Month-To-Month
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 | $5,893 | $116,220 | $19,355 | $96,865 |
| 2024 | $5,893 | $111,981 | $18,976 | $93,005 |
| 2023 | $1,886 | $111,786 | $18,604 | $93,182 |
| 2022 | $1,244 | $109,635 | $18,240 | $91,395 |
| 2021 | $1,776 | $107,526 | $17,883 | $89,643 |
| 2020 | $1,767 | $106,445 | $17,700 | $88,745 |
| 2019 | $1,742 | $104,398 | $17,353 | $87,045 |
| 2018 | $1,722 | $102,391 | $17,013 | $85,378 |
| 2017 | $1,687 | $100,424 | $16,680 | $83,744 |
| 2016 | $1,665 | $98,495 | $16,353 | $82,142 |
| 2015 | $1,602 | $97,047 | $16,108 | $80,939 |
| 2014 | $1,605 | $95,186 | $15,793 | $79,393 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/20/2026 01/20/26 | Price Changed | $925,000 | -2.6% | $241 / Sq Ft | |
| 01/05/2026 01/05/26 | For Sale | $949,500 | 0.0% | $247 / Sq Ft | |
| 01/02/2026 01/02/26 | Off Market | $949,500 | -- | -- | |
| 10/24/2025 10/24/25 | For Sale | $949,500 | +137.4% | $247 / Sq Ft | |
| 08/04/2025 08/04/25 | Sold | $400,000 | +14.3% | $208 / Sq Ft | View Prior Sale |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- | |
| 06/30/2025 06/30/25 | For Sale | $350,000 | -- | $182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Old Republic Title | |
| Grant Deed | -- | Old Republic Title | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $77,270 | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Multiple | |
| Grant Deed | $132,500 | Multiple |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $783,000 | Balloon | |
| Previous Owner | $261,000 | New Conventional | |
| Previous Owner | $191,250 | New Conventional | |
| Previous Owner | $106,000 | No Value Available | |
| Closed | $19,875 | No Value Available |
Source: MetroList
MLS Number: 225137252
APN: 035-111-008-000
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