Shovel Ready Multifamily Housing
For Sale
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55 Grand Avenue, Oroville, CA 95965
174-unit multifamily housing project on 22.81 acres in Oroville, CA.
Property SizeContact for details
Lot Size22.81 Acres
Days on Market830
Property Features for 55 Grand Avenue
General Information
Standard status
Active
Lot size
22.81 Acres
Property subtype
Multifamily, Land
Building Details
Units
174
Listing Agency:
Capital Rivers Commercial
Listed By:
Carrie Welch · License #01926238
(530) 570-5107
Source:
Crexi
Added: Jul 25, 2024
Changed: Oct 25
Last Checked: Aug 25 at 9:56AM
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 Capital Rivers Commercial
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Investment Insights
Based on property information with market context.
This shovel-ready multifamily housing project is located in Oroville, CA, right above the fish hatchery. The project includes approximately 22.81 acres of land and comes with elevations, construction drawings, a fee schedule, an appraisal as a completed project, and a letter of support from the City of Oroville. The location offers views, making it an attractive proposition for potential residents. This is a prime opportunity for investors looking for a strategically located venture in the Oroville area. Oroville, the county seat of Butte County, is located approximately 25 miles southeast of Chico, CA, along the Feather River, providing opportunities for recreational activities such as fishing, boating, and riverside picnics. The property is located on Grand Avenue, which is easily accessible via Oro Dam Boulevard and in close proximity to Highway 70, connecting residents to the broader Oroville area and nearby cities. The project is planned for 174 units.
Key Highlights
- Shovel‑ready 174‑unit multifamily housing project.
- Includes ±22.81 acres of land with construction drawings and appraisal.
- Letter of support from the City of Oroville.
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Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 174-unit multifamily housing project on 22.81 acres in Oroville, CA.
Where is this residential land & home lot located?
The property is located at 55 Grand Avenue Oroville, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Shovel‑ready 174‑unit multifamily housing project.; Includes ±22.81 acres of land with construction drawings and appraisal.; Letter of support from the City of Oroville.
