
Oroville, California 95966
Analysis of 390 Knob Hill Avenue, Oroville, California 95966 is currently available with a list price of $569,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oroville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age bracket for a 'good' condition rating. The home appears move-in ready with well-maintained interiors, featuring a functional open kitchen with wood cabinetry and tile countertops. Major systems are enhanced by a Tesla solar system with battery backup, and while the finishes reflect their original construction era, they show minimal wear and tear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 521413, living area = 2263.
The property currently produces $3,000 in monthly rental income from a converted garage apartment and trailer spaces, offering immediate cash flow and investment ROI.
Spanning nearly 12 splittable acres with existing county plans for a second home, this property provides exceptional opportunities for land division or expansion.
The requirement for the buyer to assume the existing solar loan represents an additional long-term financial obligation that may impact debt-to-income ratios.
The conversion of the two-car garage into a rental unit eliminates traditional covered parking and storage for the main residence, which may be a drawback for some owners.
Rural Living and Investment Opportunities on 11.97 split able acres in Oroville, CA Embrace the serene rural lifestyle in Oroville, California, with this expansive 11.97-acre property offering immediate real estate potential. This two-story, over 2,000 square foot, 3-bedroom, 2-bath home features an open kitchen and living area, mud room, laundry, and spacious bedrooms, including a master suite downstairs and an upstairs bedroom with a private balcony accessed by a circular staircase. Large windows and covered porches provide stunning valley views, while rolling pastures, a seasonal stream, fruit trees, fenced areas, and multiple outbuildings support livestock, gardening, or hobby farming. The attached two-car garage has been converted into a rentable 2-bedroom, 1-bath apartment, complemented by two additional areas with a shop, well and septic, PG&E power meters 390-volt and 392-volt currently has two renters with personal trailers. generating $3,000 in monthly rental income for a steady cash flow. Seller has plans from the county to build a second home. Solar Tesla/Solar City with back up battery. Buyer to assume solar loan. (Buyer to verify all info. Input from Assessor's data and Seller.)
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 | 2,263 | 1,509 | 84% |
| Lot Size | 521,413 | 17,206 | 95% |
| Price | $569.0K | $325.0K | 94% |
| Price per sq ft | $251 | $218 | 78% |
| Built year | 2008 | 1975 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 180 | 21% |
Jan 26, 2026
$569,000
Initial Listing
Jun 6, 2014
$270,000
Public Record
Mar 3, 2004
$180,000
Public Record
Jul 31, 2001
$40,000
Public Record