NOT LISTED FOR SALE

2450 Oro Bangor Hwy Oroville, CA 95966

1 Bed
1 Bath
3,500 Sq Ft
8,276 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $290,000 $83 Per Sq Ft

57 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Double Pane Windows
  • Contemporary Architecture
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2016

Well maintained six unit complex, comprised of two buildings on fenced lot, with good cash flow features large 1 bed/1 bath units and stable tenant population with good payment history. All units have spacious living room, eat-in kitchen and feature dual pane windows, wall A/C units, wall heaters and individual water heaters and are separately metered for gas and electric. Interior finishes in individual units have been upgraded on turnover.

Last Agent to Sell the Property

Michael Capelle

Sunset Vista Realty, Inc License #01781552 Listed on: 02/10/2016

Last Buyer's Agent

Michael Capelle

Sunset Vista Realty, Inc License #01781552 Listed on: 02/10/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in average condition
  • Level Lot
  • Irregular Lot
  • Lawn

Home Design

  • Contemporary Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Neighborhood Views
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 035191016000

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $460
  • Insurance Expense $1,457
  • Trash Expense $1,302
  • Water Sewer Expense $2,963
  • New Taxes Expense $2,580
  • Gross Income $3,000
  • Net Operating Income $27,238

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: Yes
  • Water Sewer Expenses: 2963.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 460.00
  • Parcel Number: 035191016000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Entry Location: Ground Level No Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 82.86
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 1302.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Irregular Lot, Level with Street
  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 35.04
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1457.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 27238.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 8762.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2580.00

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
07/01/2016 07/01/16 Sold $290,000 -3.0% $83 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $299,000 -- $85 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR16034774

California Regional Multiple Listing Service (CRMLS)