NOT LISTED FOR SALE

405 5th Orland, CA 95965

65 Beds
-- Bath
45,000 Sq Ft
1.03 Acre Lot

Sale Details

Date Sold: July 23, 2025

Last sale price $2,560,000 $57 Per Sq Ft

3 Days on Market

Highlights

  • Fireplace in Bathroom
  • Cooling Available
  • Carpet
  • Durham High School Rated 9+
  • Bungalow
  • Wall Furnace

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

General NONMEMBER

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 in unit

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

1.03 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25123987

California Regional Multiple Listing Service (CRMLS)
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