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70 Grand Ave
Oroville, CA 95965
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- For Sale 100% Leased Six-Plex.
- ±6,600 SF six-unit property with three-bedroom, two-bathroom layouts.
- 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
- Close to SR-70, schools, retail, dining, and community services.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price Per Unit | $251,051 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.46% | Lot Size | 0.43 AC |
| No. Units | 6 | Building Size | 6,624 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2006 |
| Zoning | R2M - Mutli-family | ||
| Price Per Unit | $251,051 CAD |
| Sale Type | Investment |
| Cap Rate | 7.46% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 6,624 SF |
| No. Stories | 2 |
| Year Built | 2006 |
| Zoning | R2M - Mutli-family |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 6 | - | 1,100 |
PROPERTY TAXES
| Parcel Number | 031-140-081-000 | Improvements Assessment | $876,364 CAD |
| Land Assessment | $66,765 CAD | Total Assessment | $943,130 CAD |
PROPERTY TAXES
Parcel Number
031-140-081-000
Land Assessment
$66,765 CAD
Improvements Assessment
$876,364 CAD
Total Assessment
$943,130 CAD
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