1475 Pine StOroville, CA 95965

Property Details for 1475 Pine St

Year built

1930

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

4,014 SF

Zone code

RP

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

012-085-007-000

APU

12085007000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $897,030

  6.5%

  $828,028

  7%

  $768,883

• Comparable approach

  Method

  Valuation

  Relative Method

  $888,334

  Geo Method

  $888,334

• Alternative Use

  Use

  Valuation

  Residential

  $828,028

  Hospitality

  $758,469

  Educational

  $631,038

  Medical

  $652,740

  Retail

  $981,614

Location Insight

City

Oroville

County

Butte

State

California

Latitude

39.5111

Longitude

-121.559

CBSA code

17020

CBSA name

CHICO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].