$2,560,000
SOLD JUL 23, 2025

405 5th Orland, CA 95965

65 Beds
-- Bath
45,000 Sq Ft
1.03 Acres

Recently Sold

$57 Per Sq Ft

3 Days on Market

Highlights

  • Fireplace in Bathroom
  • Cooling Available
  • Bungalow
  • Durham High School Rated 9+
  • Laundry Room
  • Carpet

About This Home

As of July 2025

Parkwood is a complex of 8 four plex’s , 32 units of 2bedroom 1 bath located in Orland Calif . 20 miles west of Chico and near hwy 5 and hwy 32 . Units are being offered in As IS condition with owner making no repairs . Owner want to carry the first note and deed of trust .
Each 4 plex is 2 units downstairs and two units upstairs .
Included addresses are as follows 405 , 407 , 415 , 423 , 431 , 5th St , 408 4th St , 413 , 417 Shasta St
These units need repairs

Last Agent to Sell the Property

Bruce Roe

Chico Oaks Realty Brokerage Phone: License #00572679 Listed on: 06/03/2025

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 1.03 Acre Lot
  • 1 Common Wall
  • Density is 31-35 Units/Acre
  • 040112005000,040112001000

Home Design

  • Bungalow
  • Apartment
  • Entry on the 2nd floor
  • Fixer Upper
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 45,000 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 65 Bedrooms
  • Fireplace in Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 040112002000

Community Details

Overview

  • 8 Buildings
  • 32 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 32 Separate Electric Meters
  • 32 Separate Gas Meters
  • Insurance Expense $12,000
  • Professional Management Expense $30,000
  • Trash Expense $12,000
  • Water Sewer Expense $30,000
  • Operating Expense $122,000
  • Gross Income $306,900
  • Net Operating Income $184,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Professional Management Expense: 30000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 30000.00
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 040112002000
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Entry Level: 2
  • Fireplace Features: Bath, Kitchen, Living Room, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 56.89

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 12000.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 040112005000,040112001000
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 45000.00
  • Lot Size Acres: 1.0331

Rental Info

  • Tenant Pays: None

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 306900.00
  • Gross Scheduled Income: 306900.00
  • Insurance Expense: 12000.00
  • Lot Size Area: 45000.0000 Square Feet
  • Net Operating Income: 184900.00
  • Number Of Separate Electric Meters: 32
  • Number Of Separate Gas Meters: 32
  • Number Of Units Total: 32
  • Number With Carpet: 32
  • Number With Drapes: 32
  • Number With Range: 32
  • Number With Refrigerator: 32
  • Operating Expense: 122000.00
  • Rent Control: Yes
  • Total Expenses: 122000.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/23/2025 07/23/25 Sold $2,560,000 0.0% $57 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $2,560,000 -- $57 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Bruce Roe

    Chico Oaks Realty

    (530) 896-1941

    1 in this area

    11 Total Sales

    Bruce Roe
    Section Image

  • N

    Buyer's Agent in 2025

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,160 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25123987

California Regional Multiple Listing Service (CRMLS)
California Butte County Orland 95965

405 5th, Orland, CA

Sold

MultiFamily

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