7
See all 7 photos
$269,000
Est. payment /mo
4 Beds
2 Baths
8,712 Sqft Lot
New
1190 Pomona Avenue Oroville, CA 95965
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OR26097684
Bedrooms 4
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Potential large loan assumption on this duplex with easy terms. Long term tenants in place. Looking to create your own retirement plan? This property could be a great addition to your portfolio. Located within the city limits of Oroville and within walking distance to parks, schools, daycare facilities, and town, and just across the street from Harrison Stadium. Each unit consists of 2 bedrooms and 1 bathroom with approximately 700 square feet per unit. Current rents are $750 and $800 per month, with scheduled increases to $810 and $860 effective July 1, 2026, which will remain below market rents averaging over $1,000+ per month for similar style units offering future upside potential. There is an attached laundry room on the left side of the structure; no coin operated, but could be installed if desired. Property includes three power meters, one for each unit and one for the laundry room. Owner pays water and trash. Each unit has its own rear yard area. Chain link fencing with wood surround provides separation. Off-street parking available in the front for up to four vehicles, with privacy bushes buffering the road. Exterior of the building is stucco. Parking area, landscaping and building cosmetics could use some TLC. Units are owner-managed. This may not be a high cash flow property, but it offers the potential to pay for itself over time as part of a long-term retirement strategy. With a potential negotiable loan assumption, this presents an opportunity for a buyer to avoid lender and appraisal fees, as well as the time and hurdles associated with traditional financing.
Location
State CA
County Butte
Zoning Assessor
Direction This is directly across from Harrison Stadium, other side of road on Pomona Avenue.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 012135030000
Acceptable Financing Cash, Seller May Carry
Listing Terms Cash, Seller May Carry
Listed by Mario Gattavara, DRE#01368823 100 for 100 Realty
NEARBY SCHOOL & BUSINESS
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