Oroville, CA 95965 1502 Pomona Avenue
$389,000
0 more
Presented By: Karen Martin with Karen Whitlow Martin Real Estate; 530-228-5553
Beds • 6
Baths • 3
SQFT • 2,308
Year Built • 1925
Home Details
GREAT INVESTMENT OPPORTUNITY! This well maintained 3-unit rental income property has one - 3 bedroom/1 bath, a 2 bedroom/1 bath (with bonus room) and a 1 bedroom/1bath unit. There is an onsite coin-op laundry room for added income and the property has plenty of parking. Each unit also has its own fenced yard. Fully rented, with excellent rental history and income with long-term tenants. Current rents are below market value. This is a perfect opportunity for your first investment property or to help grow an already established rental income portfolio. Oroville is a growing community and the property is centrally located near transportation, medical facilities and shopping. Close to town as well as Lake Oroville for recreational opportunities. Don't miss out on this great 3-unit rental income property.
Presented By: Karen Martin with Karen Whitlow Martin Real Estate; 530-228-5553
Interior Features for 1502 Pomona Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories1
Other Rooms
Entry Level1
General for 1502 Pomona Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityOroville
Community FeaturesBiking, Foothills, Fishing, Hiking, HorseTrails, Lake, Park, WaterSports
CoolingWallWindowUnits
CountyButte
DirectionsWest on Mitchell Ave., right on Veatch, right on Pomona Ave.
Electric Expense144.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income31265.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1944.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet8276.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income27677.0
New ConstructionNo
Number Of Units Total3
Operating Expense3588.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Tax Lot3
Tenant PaysElectricity, Gas
Trash Expense1080.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNeighborhood
Water Sewer Expense420.0
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningR3
Exterior for 1502 Pomona Avenue
Building Area Total2308.0
Crops Included Y/NNo
FencingChainLink
Horse Amenities RidingTrail
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.19
Lot Size Area8276.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesDrivewayLevel
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
