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Sold for $699,000
  • Listed by: Ryno Company • Michael Lee • Contact: 530-343-2959
    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
    $676,200 Zestimate®
    $146/sqft
    $1,405 Estimated rent

    Home value

    $676,200

    $602,000 - $757,000

    $1,405/mo

    Zestimate® history
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    What's special

    Corner lot
    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:

    Listing updated:

    Listed 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 Square Feet
    • 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 & HOA

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

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $703,370
    • Annual tax amount: $9,897
    • Date on market: 5/8/2025
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    7/25/2025Sold$699,000$146/sqft
    Source: CRMLS #SN25102609 Report a problem
    5/23/2025Pending sale$699,000$146/sqft
    Source: CRMLS #SN25102609 Report a problem
    5/14/2025Price change$699,000-6.8%$146/sqft
    Source: CRMLS #SN25102609 Report a problem
    5/8/2025Listed for sale$750,000+900%$156/sqft
    Source: CRMLS #SN25102609 Report a problem
    2/18/2004Sold$75,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,897 +2.1%$703,370 +2%
    2024$9,692 -0.4%$689,580 +2%
    2023$9,732 +4.7%$676,060 +2%
    2022$9,298 +7.5%$662,805 +8.7%
    2021$8,651 +2.7%$610,000 +1.7%
    2020$8,421 +14.6%$600,000 +20%
    2019$7,348 +7.3%$500,000 +8.7%
    2018$6,851 +6.1%$460,000 +7%
    2017$6,456 +28.4%$430,000 +43.3%
    2016$5,029 +8.6%$300,000
    2015$4,632 $300,000 +3.4%
    2014$4,632 $290,000
    2013-- $290,000 -10.8%
    2012-- $325,000 -18.8%
    2011-- $400,000 -26.6%
    2010-- $544,915 -0.2%
    2009-- $546,210 +2%
    2008-- $535,500 +2%
    2007-- $525,000 +61%
    2006-- $326,030 +326.2%
    2005-- $76,500 +164.8%
    2004-- $28,891 +1.9%
    2003-- $28,362 +2%
    2002-- $27,807 +2%
    2001-- $27,263
    Find assessor info on the county website

    Neighborhood: 95965

    Nearby schools

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    $689,724