2376-2386 C Street presents an exceptional investment opportunity to acquire a renovated 8-unit apartment building located in Oroville, CA. Priced at $949,500, this stabilized, cash-flowing asset offers investors immediate income with strong long-term upside. The property features eight 1-bedroom/1-bathroom units, each recently updated to attract and retain quality tenants. Current rental income of $9,800 per month ($117,600 annually) gives this property approximately a 7.43% cap rate (assuming 40% expenses). Investors will appreciate the updated condition and affordable price per door (~$118k/unit), making this an accessible entry point into Northern California's multifamily market. With limited comparable inventory in Oroville and rising rental demand, this asset is well-positioned for both cash flow and appreciation.
MLS #
ME225137252
MLS Source
MetroList Services, Inc.
Days on Site
11
Appliances
Other, Oven - Electric
Flooring
Tile, Vinyl, Wood
Cooling
Window/Wall Unit
Heating
Wall Furnace
Foundation
Slab
Garage/Parking
Off-Street Parking, Street, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RN, R2
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | 8 |
2376 C St is a Residential Income in Oroville, CA 95966. This 3,840 square foot property sits on a 9,584 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $949,500 and was built in –. This address can also be written as 2376 C St, Oroville, CA 95966.
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This listing information is up-to-date as of October 30, 2025. For the most current information, please contact Andrew Boley, (916) 952-0411