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    1475 Pine St Oroville, CA 95965

    Sponsored
    For Sale
    $799,900

    Prime Oroville investment: 4 units + retail

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional new construction property in Oroville, CA, presents a lucrative mixed-use investment opportunity. Located in the heart of downtown, it boasts four fully leaseable residential units and a versatile ground-floor commercial space, creating multiple income streams. Each newly constructed residential unit offers modern amenities and spacious layouts designed for high tenant satisfaction and retention. The commercial space, with its high visibility and foot traffic, is ideal for a variety of businesses, from retail shops to professional offices. Its flexible layout allows for easy customization to meet diverse business needs. This unique property combines residential and commercial uses in a prime downtown location, offering significant potential for investors seeking to expand their portfolio or entrepreneurs looking to establish a new venture. The asking price is $799,900. The property is situated at 1475 Pine Street, Oroville, CA 95965, in Butte County. This is a rare opportunity to acquire a thriving mixed-use property in a desirable downtown location. The property's combination of residential and commercial spaces provides a strong foundation for long-term financial success.

    Property Features for 1475 Pine St

    General Information

    Property type
    Multifamily properties

    HighLights

    • New construction mixed‑use property in Oroville, CA, asking $799,900.
    • Four fully leaseable residential units with modern amenities.
    • Versatile ground‑floor commercial space ideal for retail or office use.
    • Prime downtown location at 1475 Pine Street, Oroville, CA 95965 (Butte County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oroville
    County
    Butte
    State
    California
    Longitude
    -121.5588042
    Latitude
    39.5111392

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    FAQs

    What type of property is this?
    Multifamily property - Prime Oroville investment: 4 units + retail
    Where is this multifamily property located?
    The property is located at 1475 Pine St Oroville, CA.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: New construction mixed-use property in Oroville, CA, asking $799,900.; Four fully leaseable residential units with modern amenities.; Versatile ground-floor commercial space ideal for retail or office use.
    Request Owner's contact information
    1475 Pine St Oroville, CA 95965
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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
    1475 Pine St Oroville, CA 95965
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