Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Income-Producing Triplex on Spacious Lot Title is generated by Realmo AI

    2048 10th Street, Oroville, CA 95965

    View on Map
    Claim this Listing
    For Sale
    $699,000

    Triplex - Oroville, CA

    Type:Triplex
    Property size:
    4,335 SF
    Lot size:
    87,556.00 Acres
    Price / SF:
    $161/SF
    Added:
    Jun 29, 2025
    Days on Market:
    343
    Last Refresh:
    Jun 6 at 6:06 am

    Property Features for 2048 10th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    AR
    Bedrooms
    10
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Parking
    5
    Parking features
    Carport, Garage
    Window features
    Double Pane Windows
    Interior features
    Pantry, Recessed Lighting, Open Floorplan, Granite Counters, Parking, Carbon Monoxide Detector(s), Window Features: Double Pane Windows, Screens
    Exterior features
    Fence, Community Features Included: Watersports, Biking, Hiking, Fishing, 2-5 Units/Acre
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    031190016000
    Size
    4,335 SF
    Lot size
    87,556.00 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1948
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Carpet, Laminate
    Building materials
    Stucco, Wood Siding
    Roof type
    Composition, Metal, Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Glenn Arace

    Listing agent Glenn Arace License #00939077

    Listing office Table Mountain Realty, Inc. 3400 Oro Dam Blvd. East, Oroville, CA

    Listing date Jun 29, 2025

    MLS# OR25128295 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Immediate cash flow from tenant‑occupied units (two single‑family residences and one triplex).
    • Spacious and private 2‑acre lot offers flexibility and potential for various uses.
    • Newest single‑family home built in 2024 with modern open‑concept design and generous backyard.
    • Conveniently located close to local amenities, schools, and commuter routes.
    • Stable rental income from multiple units provides an investor's dream.
    • Community features include watersports, biking, hiking, and fishing.

    Overview

    This income-producing property features two single-family residences and one triplex, situated on a spacious 2-acre lot. The newest single-family home, built in 2024, showcases a modern open-concept design and a generous backyard. The additional units provide rental income, with all units currently tenant-occupied. The property offers flexibility and potential for expanding your portfolio or multi-generational living. The property is conveniently accessible, being close to local amenities, schools, and commuter routes. The property size is 4335 square feet. The zoning is AR. The lot size is 2.01 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Accounting Firm Department Store Bar & Pub Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Plumas
    State
    California
    Longitude
    -121.5869016
    Latitude
    39.5203434

    Nearby Similar for Sale

    • $525,000
      3,044 SF

      Feather River Income Opportunity

      Rare riverfront property with income potential in Oroville, California.
      45 Cabana Drive, Oroville, CA 95965
      View Details
    • $396,000
      1,800 SF

      Oroville Commercial Condominium Units

      Two commercial condominium units totaling 1800 sq. ft.
      2006 5th Avenue, Oroville, CA 95965
      View Details
    • $300,000
      2,800 SF

      Versatile Income Property in Oroville

      Residential income property with two units and additional lot.
      3142 Burlington, Oroville, CA 95966
      View Details
    • $325,000
      5,000 SF

      Versatile Commercial Building, Oroville

      Spacious, functional building with endless potential for various commercial ventures.
      1901 Elgin, Oroville, CA 95966
      View Details
    • $440,000
      2,000 SF

      Oroville Commercial Condominium Investment

      Two-unit commercial condominium leased to established Salon & Spa.
      2002 5th Avenue, Oroville, CA 95965
      View Details
    • $209,000
      1,940 SF

      Oroville Commercial Unit For Sale

      1940 sq ft commercial unit with private parking lot.
      2360 Oro Quincy, Oroville, CA 95966
      View Details
    • $150,000
      4,860 SF

      Retail Property in Revitalizing Area

      Value-add retail property with renovation potential in Oroville, CA.
      2980 Myers St, Oroville, CA 95966
      View Details
    • $220,000
      1,000 SF

      Oroville Commercial Condo For Sale

      Condo unit in business complex, currently a dental office.
      2012 5th Avenue, Oroville, CA 95965
      View Details
    • $749,000
      4,620 SF

      Oroville Commercial Property with Highway Visibility

      Office and warehouse space with ample parking and highway access.
      2950 Feather River Boulevard, Oroville, CA 95965
      View Details
    • $750,000

      Turn-Key Restaurant Opportunity in Oroville

      Fully equipped restaurant with drive-thru on a busy roundabout.
      1355 Washington Avenue, Oroville, CA 95965
      View Details
    • $396,000
      1,800 SF

      Condominium Business Complex Investment

      Two office units totaling 1800 sq. ft. for sale.
      2006 5th Ave, Oroville, CA 95965
      View Details
    • $899,500
      6,909 SF

      Nine-Unit Apartment Complex

      Townhouse-style 2-bedroom units with kitchen laundry hook-ups and private yards, plus a studio unit at the rear.
      836 Pomona Avenue, Oroville, CA 95965
      View Details

    FAQs

    What type of property is this?
    Triplex - Income property with two homes and a triplex on 2-acre lot.
    Where is this triplex located?
    The property is located at 2048 10th Street Oroville, CA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Immediate cash flow from tenant‑occupied units (two single‑family residences and one triplex).; Spacious and private 2‑acre lot offers flexibility and potential for various uses.; Newest single‑family home built in 2024 with modern open‑concept design and generous backyard.
    (530) 370-6061
    We can help!
    Listing Contact
    Glenn Arace
    Real Estate License ID: 00939077
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2048 10th Street, Oroville, CA 95965
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!