Technical
Financial
Distress signals
Property profile

1475 Pine St Oroville, CA 95965

FOR SALE
Apartment buildings
Property ID
US09-2768688
4,014 SF 0.14 ac lot Built 1930
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1930
Construction WOOD
Total area 4,014 SF
Lot 0.14 ac (6,098 SF)
Zoning code RP
APN 012-085-007-000
UPID US09-2768688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1475 Pine St Oroville, CA 95965
Oroville metro Census 2800 CHICO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$115k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2024
Last sale
$113,500
7 recorded transactions
2024
$113,500
2023
$120,000
2020
$85,000
2019
Price N/A
2018
$120,000
2018
Price N/A
2018
$34,500

Zoning & alternative use

RP · Oroville, CA
Zoning description

, the following provisions shall apply in an RP district: A. Intent. This district is intended to provide opportunities for the location of professional offices in close relationship to one another and to residential nei…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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