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1584 Montgomery Street, Oroville, CA 95965

Property

1584 Montgomery Street, Oroville, CA 95965 Sold July 2025 CRMLS
$699,000Sold July 2025

Listing Agent: Michael Lee (DRE #02216710) · Listing Office: Ryno Company · Contact: 5305703222 · Bought with: Samuel Ditty · Keller Williams Realty Chico Area · MLS #SN25102609 · Source: CRMLS

9,148 sqft
Lot Size
2005
Year Built
Property
Type
2
Stories
4
Garage
CentralAir
Cooling
Central
Heating

About this property

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.

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$699,000
Sold July 2025 · orig. $750,000, on market May 2025 · MLS #SN25102609 · Source: CRMLS
Listing Agent: Michael Lee · Listing Office: Ryno Company · Contact: 5305703222 · Bought with: Samuel Ditty · Keller Williams Realty Chico Area
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