70 Grand Avenue
$1,095,000
70 Grand Avenue, Oroville, CA 95965
6,624 sqft
Building Size
0.4272 acres
Lot Area
Details:
Highlights:
- Three two-story buildings with updates and parking in Oroville, CA.
- Fully occupied with long-term tenants and a 7.75% cap rate for consistent rental income.
- ±6,600 SF six-unit property with three-bedroom, two-bathroom layouts.
- Close to SR-70, schools, retail, dining, and community services.
Description:
70 Grand Avenue in Oroville, CA is a ±6,600 square foot multifamily property consisting of three two-story buildings with six total units. Each residence features a three-bedroom, two-bathroom floor plan with in-unit laundry hookups. Five units have been upgraded with granite countertops, new flooring, and paint. Ground-floor units include patios, while upper-level units offer balconies with storage. Each unit is assigned two covered parking spaces. The property is 100% leased with long-term tenants and offers investors a turnkey opportunity with a cap rate of 7.75 percent.
The property is located on Grand Avenue, providing convenient access to Oroville’s retail, dining, and community services. It is within minutes of State Route 70, offering regional connectivity to Chico and surrounding areas. Nearby schools, shopping centers, and employment hubs support stable tenant demand, while on-site covered parking and functional layouts contribute to resident retention.
Documents:
| Title | ||
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| 70GrandAve-Oroville_BrochureV2.pdf |
Location
Gallery
