Keegan Cin | Realtor® | License # DRE 01971604

Property

Oroville, CA 95965 1584 Montgomery Street

Pending
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Presented By: Michael Lee with Ryno Company; 5305703222
  • MLS# SN25102609
  • 05/08/2025
  • Request Tour
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  • Beds • 12
  • Full/Half Baths • 8 / 4
  • SQFT • 4,800
  • Garage • 4
  • Year Built • 2005

Home Details

1584 Montgomery Street in Oroville, California, presents a compelling opportunity for investors seeking a turnkey residential investment or a value-add project in a historically rich neighborhood. Situated on a 9,147 sq ft corner lot, this 4-unit complex provides investors a prime opportunity to own a large property in the heart of downtown Oroville. Since its construction in 2005, the property has seen strong rental demand, with the majority of current tenants in long-term occupancy. Additionally, the property offers investors an opportunity to increase value with light renovations. • PROPERTY OVERVIEW • Total units: 4 • Unit configurations: 3 bedroom, 2.5 bathroom • Total bedrooms/bathrooms: 12 beds, 10 baths • Total living area: ~4,800 sq ft • Unit sizes: 1,200 sq ft ? • KEY FEATURES • 1 car garage with each unit • Easy access to shopping, dining, and public transportation • Central A/C in each unit • Laundry hookups in the garage of each unit (tenant-supplied washers and dryers) • INVESTMENT HIGHLIGHTS • Large corner lot in the heart of downtown Oroville • Highly attractive location for a variety of renters • Strong rental demand in the area with consistent occupancy • Most current tenants in long-term occupancy • Rent/value could be increased with light renovations • No showings without an accepted offer. Please do not disturb tenants.
Presented By: Michael Lee with Ryno Company; 5305703222

Interior Features for 1584 Montgomery Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, ElectricDryerHookup, SeeRemarks
Total Stories2

Other Rooms

Entry Level1

General for 1584 Montgomery Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityOroville
Community FeaturesBiking, Curbs, Gutters, StreetLights, Sidewalks, Urban
CoolingCentralAir
CountyButte
DirectionsStart on CA-99 South toward Oroville. Merge onto CA-70 South. Take the exit for Montgomery Street. Turn right onto Montgomery Street. Continue on Montgomery Street for approximately 1.5 miles. 1584 M
Electric Expense250.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income60288.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3189.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet9148.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income30729.0
New ConstructionNo
Number Of Units Total4
Operating Expense28354.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tax Lot6
Trash Expense1463.0
Water Sewer Expense5341.0
Year Built2005
Year Built SourceBuilder
ZoningR3

Exterior for 1584 Montgomery Street

Building Area Total4800.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, CornerLot
Lot Size Acres0.21
Lot Size Area9148.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $699,000
MLS#SN25102609
List Date 05/08/2025
Property Type Pending
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