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Sold for $699,000 on 07/25/25
  • Listing Provided by: 

    Michael Lee DRE #02216710 5305703222,

    Ryno Company,

    Ryan Vaught DRE #01444141 530-343-2959,

    Ryno Company

    Bought with: Keller Williams Realty Chico Area
    $699,000

    1584 Montgomery St, Oroville, CA 95965

    12beds
    12baths
    4,800sqft
    Mixed Use
    Built in 2005
    -- sqft lot
    $691,500 Zestimate®
    $146/sqft
    $1,244 Estimated rent

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    $1,244/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: July 25, 2025 at 03:54pm

    Listing Provided by:

    Michael Lee DRE #02216710 5305703222,

    Ryno Company,

    Ryan Vaught DRE #01444141 530-343-2959,

    Ryno Company

    Bought with:

    Samuel Ditty, DRE #02192464

    Keller Williams Realty Chico Area

    Source: CRMLS,MLS#: SN25102609MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, See Remarks
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,800
    • Total interior livable area: 4,800 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 9,148 sqft
    • Features: 2-5 Units/Acre, Corner Lot
    Details
    • Parcel number: 012026006000
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Gutter(s), Street Lights, Sidewalks, Urban
    Location
    • Region: Oroville

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange