Apartment Building with On-Site
For Sale
$1,995,000
1150 Pine St, Oroville, CA 95965
16-unit apartment community offering renovated two-bedroom layouts with off-street parking and on-site laundry.
Property Size800 SF
Price / SF$2,493
Days on Market51
Property Features for 1150 Pine St
General Information
Standard status
Active
Size
800 SF
Property subtype
Multifamily
Additional Details
Cap Rate
6.01%
Multifamily Units
16
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(916) 724-1323
Listed By:
Ilya Pigman · License #License(s): CA: 02176981
(916) 724-1323
Source:
Marcusmillichap
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 3:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
This 16-unit apartment community features a consistent unit mix of spacious two-bedroom, one-bathroom apartments, each with approximately 800 square feet of rentable living space. The property includes renovated unit interiors, off-street parking, and on-site laundry facilities for resident convenience. Ownership has also completed notable exterior capital improvements, including new roofs installed approximately two years ago.
Located near downtown Oroville, the property is described as having convenient access to the Feather River and major local employers, with shopping, dining, recreation, and everyday services nearby.
The all-two-bedroom configuration may appeal to tenants seeking larger layouts while providing an operator with straightforward leasing consistency. With renovated interiors, on-site laundry, and off-street parking already in place, the community is positioned for day-to-day livability, and recent roof replacements can help reduce near-term maintenance and future capital planning needs. Tours must be scheduled through the listing agent, and management or residents should not be disturbed.
Located near downtown Oroville, the property is described as having convenient access to the Feather River and major local employers, with shopping, dining, recreation, and everyday services nearby.
The all-two-bedroom configuration may appeal to tenants seeking larger layouts while providing an operator with straightforward leasing consistency. With renovated interiors, on-site laundry, and off-street parking already in place, the community is positioned for day-to-day livability, and recent roof replacements can help reduce near-term maintenance and future capital planning needs. Tours must be scheduled through the listing agent, and management or residents should not be disturbed.
Key Highlights
- 16‑unit apartment community in Oroville, CA with all units configured as 2‑bedroom, 1‑bath layouts
- Approximately 800 SF rentable living space per unit (all two‑bedroom apartments)
- Renovated unit interiors plus off‑street parking and on‑site laundry facilities
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,282
Businesses Nearby
Explore this area
Business Placement
Demographics for 95965, CA
21,548
Population
7,846
Households
2.7
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
311.4 sq mi
ZIP Area
69
Density / Sq Mi
$53,367
Median Household Income
$33,638
Median Earnings
$1,112
Median Rent
$295,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 16-unit apartment community offering renovated two-bedroom layouts with off-street parking and on-site laundry.
Where is this apartment building located?
The property is located at 1150 Pine St Oroville, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 16‑unit apartment community in Oroville, CA with all units configured as 2‑bedroom, 1‑bath layouts; Approximately 800 SF rentable living space per unit (all two‑bedroom apartments); Renovated unit interiors plus off‑street parking and on‑site laundry facilities
