$379,000
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2870 Orange Avenue Oroville, CA, United States 95966
Two separate homes on one property offers a flexible and functional opportunity for both investors and owner-occupants. The main home features 4 bedrooms, 2 bathrooms, and 2 living rooms, while the detached second unit includes 1 bedroom, 1 bathroom, plus bonus room. Both homes are currently rented on month-to-month leases. The main home rents for $2,750 per month, and the second unit rents for $1,250 per month. Each unit has separate electric and gas meters. Inside the main home, you'll find newer LVP flooring on the first floor, beautiful tall ceilings, and a freestanding gas stove in one of the living rooms. The kitchen is equipped with newer appliances, a large walk-in pantry, extra counter space, and plenty of natural light. A cozy nook off the kitchen can serve as a crafting, home office or homeschool area. The home boasts great curb appeal with a wraparound front porch, mature landscaping, and a fenced front yard. The separate backyard offers a paved patio area, a lovely porch with a built-in sink and counter space for outdoor cooking, a large storage shed and basement access. Additional features in the main house include a clawfoot soaking tub, and a walk-in shower in the ensuite. Recent updates (2021–2022) include a newer roof, flooring, interior paint, kitchen appliances, updated ducting, and a new HVAC system in 2017. Extra LVP flooring will be left behind and could be used to replace the upstairs carpet if desired. The second unit is fully detached and private, separated by wood fencing, with its own gated driveway and parking off Center Street. It features 1 bedroom, a bonus room, a walk-in shower, and open-concept living, vaulted ceilings and kitchen space. It also includes laundry hookups, newer roof and exterior paint and flooring in 2022 and a new wall-mounted A/C unit installed in 2023. A large covered front porch completes the space. Currently generating $4,000 per month in rental income, this property offers strong cash flow, and excellent potential for multi-generational living or house hacking—live in one unit and offset your mortgage by renting the other!
Amenities
- Bedrooms: 5
- Full Bathrooms: 1
- Partial Bathrooms: 2
- Property Type: Residential Multi Family
- Architectural Style: Other
- Year Built: 1890
- Built in 1890
- Home size: 2,519 ft2 / 234.02 m2
- MLS: SN25221494
- Status: Pending
Property brokered by
Parkway Real Estate
(530) 592-3432
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