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.
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1333 174 Highway, Colfax, CA 95713
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Source:
Listed by: Gloria Bertacchi, Broker -
Details
$849,000(Negotiable)
815 18th St , Sacramento, CA 95811
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Source:
Listed by: ALIVE Commercial Real Estate -
Details
$1,180,000(Negotiable)
5202 Thurman Way, Sacramento, CA 95824
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Source:
Listed by: eXp Realty of California, Inc. -
Details
$360,000(Negotiable)
