For Sale

2376 C Street, Oroville, CA 95966

2376 C Street, Oroville, Butte, CA, 95966
5 days ago
Views: 3

$949,500(Negotiable)

Overview

3479014

Type

5 or More Units

Parking

Yes

Sqft

3840

Build Year

1963

Purpose

For Sale

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.

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MetroList CA data Last Updated: October 25, 2025, 12:55 am

Data Source: SACM