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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10863 Highway 99 , Live Oak, CA 95953
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Source:
Listed by: LPT Realty, Inc -
Details
$968,000(Negotiable)
5060 Mascot Avenue, Sacramento, CA 95820
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Source:
Listed by: Infinity Financial & Realty -
Details
$569,999(Negotiable)
6860 Concert Way, Sacramento, CA 95842
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Source:
Listed by: Keller Williams Realty -
Details
$549,999(Negotiable)
