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    1502 Pomona Ave Oroville, CA 95965

    For Sale
    $369,000

    Three-unit rental property with excellent rental history in growing Oroville.

    Lot size:
    0.19 Acres

    Property Features for 1502 Pomona Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1925

    Source: Karen Whitlow Martin Real Estate Agent Karen Martin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Oroville Rental Property

    This well-maintained three-unit rental income property presents a great investment opportunity. The property features one three-bedroom, one-bathroom unit, one two-bedroom, one-bathroom unit with a bonus room, and one one-bedroom, one-bathroom unit. For added income, there is an on-site coin-operated laundry room. The property offers ample parking, and each unit includes its own fenced yard. Fully rented with long-term tenants, the property has an excellent rental history and income. Current rents are below market value. This is a perfect opportunity for a first investment property or to help grow an already established rental income portfolio. Oroville is a growing community, and the property is centrally located near transportation, medical facilities, and shopping. It is also close to town and Lake Oroville for recreational opportunities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Plumas
    State
    California
    Longitude
    -121.559037
    Latitude
    39.5092389

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    FAQs

    What type of property is this?
    Triplex - Three-unit rental property with excellent rental history in growing Oroville.
    Where is this triplex located?
    The property is located at 1502 Pomona Ave Oroville, CA.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: - Excellent rental history and income with long-term tenants.; - Fully rented 3-unit property.; - Opportunity to increase rental income as current rents are below market value.
    (530) 228-5553
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    Oroville, CA 95965
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    Realmo Value Estimation

    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.

    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.

    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
    1502 Pomona Ave Oroville, CA 95965
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