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    2364 Las Plumas Avenue

    Oroville, CA 95966
    • $875,000
    • STATUS: CONTINGENT
    • ON SITE: 156 days
    • ID#: 302459681
    Under Contract
    UPDATED: 85 min ago
    $875,000
    • 16
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    Description

    8 unit apartment building 6,264 Sq. Ft. in excellent condition, large 2 bedrooms, 1 bathroom units with good tenants. This building was dramatically updated within approx. the last 16 months including a new roof and is in good part of Oroville. Seller put approx $150,000 of improvements into the complex not including seller labor. 11 covered carports. 6 of 8 Units show very nice with corian countertops, nice cabinetry, lighting, ceiling fans, dishwashers and A/C. 2 units had good long term tenants. Seller 8 unit apartment building 6,264 Sq. Ft. in excellent condition, large 2 bedrooms, 1 bathroom units with good tenants. This building was dramatically updated within approx. the last 16 months including a new roof and is in good part of Oroville. Seller put approx $150,000 of improvements into the complex not including seller labor. 11 covered carports. 6 of 8 Units show very nice with corian countertops, nice cabinetry, lighting, ceiling fans, dishwashers and A/C. 2 units had good long term tenants. Seller moved 6 tenants out for better tenants and upgraded units thus finding better tenants. 4 units up and 4 units down. Community Laundry room and sufficient parking for all 8 units. Beautifully maintained, landscaped grounds on corner lot (.42 acre). Close to Oakdale Heights elementary & Las Plumas high schools. All units have refrigerators, electric ranges, dishwashers & garbage disposals. In the 6 updated units the bathrooms have newer vanity's, built in medicine cabinets & vinyl flooring. Has existing shower tub enclosures. This seller also has a 6 unit apartment for sale MLS # SN20048709 $587,500 as well as a single family house rental MLS # SN20048264 $164,000

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/103890213
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    2364 Las Plumas Avenue Oroville, CA 95966

    • Price: $875,000
    • Status: CONTINGENT
    • Updated: 85 min ago
    • ID#: 302459681
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    1978
    Built
    Neighborhood:
    Oroville (95966)
    County:
    Butte
    Area:
    Oroville (95966)
    Property Description
    8 unit apartment building 6,264 Sq. Ft. in excellent condition, large 2 bedrooms, 1 bathroom units with good tenants. This building was dramatically updated within approx. the last 16 months including a new roof and is in good part of Oroville. Seller put approx $150,000 of improvements into the complex not including seller labor. 11 covered carports. 6 of 8 Units show very nice with corian countertops, nice cabinetry, lighting, ceiling fans, dishwashers and A/C. 2 units had good long term tenants. Seller 8 unit apartment building 6,264 Sq. Ft. in excellent condition, large 2 bedrooms, 1 bathroom units with good tenants. This building was dramatically updated within approx. the last 16 months including a new roof and is in good part of Oroville. Seller put approx $150,000 of improvements into the complex not including seller labor. 11 covered carports. 6 of 8 Units show very nice with corian countertops, nice cabinetry, lighting, ceiling fans, dishwashers and A/C. 2 units had good long term tenants. Seller moved 6 tenants out for better tenants and upgraded units thus finding better tenants. 4 units up and 4 units down. Community Laundry room and sufficient parking for all 8 units. Beautifully maintained, landscaped grounds on corner lot (.42 acre). Close to Oakdale Heights elementary & Las Plumas high schools. All units have refrigerators, electric ranges, dishwashers & garbage disposals. In the 6 updated units the bathrooms have newer vanity's, built in medicine cabinets & vinyl flooring. Has existing shower tub enclosures. This seller also has a 6 unit apartment for sale MLS # SN20048709 $587,500 as well as a single family house rental MLS # SN20048264 $164,000
    Exterior Features

    Fencing Partial Irrigation Sprinklers Pool N/K Site Corner LotCurbsSidewalks View Mountains/Hills

    Interior Features

    Cooling Wall/WindowOther/Remarks Heat Source Natural Gas Stories 2 Story Total Baths Unit1 8 Units With Cooling 8 Units With Range Oven 8 Units With Refrigerators 8 Units With Washers 8

    Property Features

    Actual Cap Rate 5.5 Annual Expense Actual 36003 Buildings 2 Gross Rent Multiplier Actual 10.35 Gross Scheduled Income Actual 84548 Home Owners Fees 0.0 Terms CashConventional Unit Number For Unit1 1 Unit1 Rent Actual 875.0 Water Meter On Property Zoning R1

    Listing provided courtesy of Homebased Realty. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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