Oroville, CA 95966,2386 C ST
Oroville, CA 95966,2386 C ST
Oroville, CA 95966,2386 C ST
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$925,000
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3,840 SqFt
Price Dropped by $24K

2386 C ST Oroville, CA 95966

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Sierra Player

Sierra Player

+1(530) 604-9319

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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $240

MLS Listing ID 225137252

HOA Y/N No

Year Built 1963

Lot Size 9,584 Sqft

Acres 0.22

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

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.

Location

State CA

County Butte

Area 12567

Direction From downtown Oroville take Lincoln Road south to C Street. Turn left onto C Street and the property is on your left side on C Street and the corner of Roseben Street.

Interior

Interior Features Vaulted Ceiling(s)

Heating Wall Furnace, Natural Gas

Cooling Wall Unit(s), Window Unit(s)

Flooring Tile, Vinyl, Wood

Appliance Free Standing Electric Oven

Laundry Other

Exterior

Parking Features Off Street

Utilities Available Cable Connected, Other

Water Access Desc Public

Total Parking Spaces 8

Building

Lot Description Corner

Story 1

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Oroville City

Middle Schools Oroville City

High Schools Oroville Union

School District Butte

Others

Senior Community No

Tax ID 035-111-008-000.035-111-007-000

Special Listing Condition None

MetroList® Services, Inc
Listed by eXp Realty of Northern California, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 17
  • 5

    Sierra Avenue Elementary School

    Public | KG - 5

  • 5

    Plumas Avenue Elementary School

    Public | KG - 5

  • 4

    Golden Hills Elementary School

    Public | 4 - 5

  • 4

    Helen M. Wilcox Elementary School

    Public | KG - 3

  • 3

    Oakdale Heights Elementary School

    Public | KG - 6

  • 3

    Stanford Avenue Elementary School

    Public | KG - 6

  • 2

    Central Middle School

    Public | KG - 8

  • 1

    Bird Street Elementary School

    Public | KG - 5

  • 1

    Learning Community Charter

    Public | KG - 12

  • 1

    Wyandotte Avenue Elementary School

    Public | KG - 6

  • 0

    Pioneer Community Day

    Public | 3 - 7

  • 0

    Heritage Community Day

    Public | 4 - 8

  • 0

    Table Mountain

    Public | KG - 12

  • 0

    St Thomas School

    Private | KG - 8

  • 0

    Butte County Special Education

    Public | KG - 12

  • 0

    Sierra School of Butte County

    Private | 2 - 12

  • 0

    Oroville Christian School

    Private | PK - 8

Middle Schools 3
  • 3

    Nelson Avenue Middle School

    Public | 6 - 8

  • 3

    Ishi Hills Middle School

    Public | 6 - 8

  • 0

    Central Middle - Rise

    Public | 7 - 8

High Schools 4
  • 5

    Oroville High School

    Public | 9 - 12

  • 5

    Las Plumas High School

    Public | 9 - 12

  • 0

    Prospect High (Continuation)

    Public | 9 - 12

  • 0

    Oroville High Community Day

    Public | 9 - 12

School and business data provided by Attom Data.

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Sierra Player

+1(530) 604-9319

sierraplayerrealtor@gmail.com

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