
Oroville, California 95966
This Multi-Unit Income Property serves as a strategic Turnkey Investment featuring two separate dwellings on a single lot. With a List Price of $275,000 and a Fair Market Value of $261,790, the asset is positioned to provide immediate cash flow from two currently occupied units. The property consists of a 2-bedroom main house and a 1-bedroom unit, both maintaining a functional Condition Rating of 4. Located near downtown Oroville and Hwy 70, the location ensures consistent rental demand. This acquisition is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2235 Wilcox Avenue Subject | $275,000* List Price | 3 | 2 | 1,436 | $180 | - |
A 3180 Grand View Sold | $310,000 | 3 | 2 | 1,616 | $192 | 0.7 mi |
B 2275 Quartz Sold | $220,000 | 3 | 1 | 954 | $231 | 0.1 mi |
C 2789 Spencer Avenue Sold | $214,000 | 3 | 1 | 880 | $243 | 0.4 mi |
D 3154 Yard Sold | $310,600 | 3 | 2 | 1,350 | $230 | 0.6 mi |
E 2090 Wilcox Active | $265,000 List Price | 3 | 2 | 1,525 | $174 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, these homes are functional and currently rented as turnkey investments, but they exhibit clear signs of age. The exteriors show older siding and window AC units, suggesting that while the property is maintained, the major systems and finishes are outdated and will eventually require minor updates to meet modern standards.
The property features two separate dwellings on a single lot, providing a versatile opportunity for rental income or multi-generational living.
Both homes are currently rented, offering immediate cash flow and a seamless transition for investors looking for a ready-to-go asset.
Conveniently located near downtown Oroville and major highways 70 and 99, ensuring high tenant demand and easy commuting to nearby cities.
Built in 1910, the homes may require ongoing maintenance or updates to aging infrastructure and systems common in century-old structures.
With two separate units situated on a 4,791 square foot lot, the available yard space and privacy between the dwellings are relatively constrained.
Two charming homes on one lot, conveniently located within the Oroville city limits. The first home features 2 bedrooms and 1 bathroom, while the second unit offers 1 bedroom and 1 bathroom. Both homes are currently rented, making this a turnkey investment with immediate income potential. Located close to shopping, parks, the river, and downtown Oroville, these homes offer both convenience and lifestyle. Easy access to Hwy 70 and Hwy 99 makes commuting to Chico, Yuba City, and surrounding areas a breeze.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,436 | 1,500 | 44% |
| Lot Size | 4,791 | 16,988 | 1% |
| Price | $275.0K | $325.0K | 35% |
| Price per sq ft | $192 | $215 | 32% |
| Built year | 1910 | 1974 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 218 | 181 | 66% |
Sep 16, 2025
$275,000
Initial Listing
Jul 16, 2009
$78,000
Public Record