Overview
About This Listing
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.
Map Location
Walk Score
Contact Agent
Request a Tour
4948 Yucca Way, North Highlands, CA 95660
-
Source:
Listed by: Gunn Realty -
Details
$559,000(Negotiable)
2985 San Jose Way, Sacramento, CA 95817
-
Source:
Listed by: Sunrise Options -
Details
$824,950(Negotiable)
2324 Q Street , Merced, CA 95340
-
Source:
Listed by: HomeSmart PV & Associates -
Details
$392,000(Negotiable)
