Excellent Investment Opportunity in the Heart of Oroville! A unique 4-unit property consisting of two duplexes on a massive lot! This versatile asset offers strong investment potential with the added benefit of development possibilities on a spacious lot. The property features abundant parking, making it ideal for tenants, and is enhanced by many mature olive trees, creating a unique and attractive setting with $52,000 annual income with 6.62 cap rate. Conveniently located near local amenities, shopping, and major routes, this property is well-positioned for long-term rental income or future expansion. Whether you're looking to add to your investment portfolio or explore redevelopment opportunities, this is a property with significant upside and flexibility. A rare multi-unit offering with income, land, and potential. Don't miss it!
Multi-familyProperty Type
1978Year Built
0.88 acresLot Size
$187Price/Sq.Ft.
12 spacesParking
Listed by Vlad Sonnik•DRE #02014952• Realty ONE Group Complete
To allow for a mixture of retail, personal service, and residential uses that serve neighborhood residents and strengthen community connections.
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Bed & breakfast
Mixed use development
Office
Shopping centers
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
23% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
34 unhealthy days expected this year, 39 days in 30 years
Provided by First Street
Historical weather
Oroville, CA • 95965
Average low and high temperatures (°F)
60
42
61
45
71
50
73
51
83
58
92
63
95
65
96
68
88
65
78
56
62
48
54
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Oroville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 341 Table Mountain Blvd
$522,781
$16K under list price of $539K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $323K to $540K.