1475 Pine Street

    Oroville, CA 95965
    • $99,000
    • STATUS: Active
    • ON SITE: 235 days
    • ID#: PA19066588
    UPDATED: 25 min ago
    $99,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    The property is located at 1475 Pine Street in a highly desirable neighborhood of Oroville, CA. The building currently on the lot has extensive fire damage. List price includes approved & stamped plans, architecture and engineering for a 5 Unit Commercial Multi-Family Building.Plans include 5 units, 1,152 sq ft each, 2 bed, 1.5 bath, 2 storyPrior to close of escrow approved plans, architecture and engineering will be made available for review by the buyer. Buyer will be responsible for permit fees, as the permit fees are not included in the list price.The existing lot is 6,098 sqft with utilities on-site (disconnected)Buyer to verify existence of any existing school or other credits.Region OverviewThe rental market in the Butte County area has been strong for the last several years. There has been an ongoing shortage of housing as the area has grown. In addition to the growth of the area, and existing housing crunch, the Camp Fire of 2018 has displaced over 15,000 residents that need a place to live while Paradise and the surrounding areas are re-built. The 5 year outlook for the rental market in the Oroville area is quite good.Disclaimer - Projected statements are based on estimates and evaluations made by the drafter of this document. You should consult your own professionals for advice regarding the projections. You understand that the drafter is not making any professional recommendations whether accounting, legal, real estate, or otherwise.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-16T19:31:53.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/93032973

    1475 Pine Street Oroville, CA 95965

    • Price: $99,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: PA19066588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    County:
    Butte
    Property Description
    The property is located at 1475 Pine Street in a highly desirable neighborhood of Oroville, CA. The building currently on the lot has extensive fire damage. List price includes approved & stamped plans, architecture and engineering for a 5 Unit Commercial Multi-Family Building.Plans include 5 units, 1,152 sq ft each, 2 bed, 1.5 bath, 2 storyPrior to close of escrow approved plans, architecture and engineering will be made available for review by the buyer. Buyer will be responsible for permit fees, as the permit fees are not included in the list price.The existing lot is 6,098 sqft with utilities on-site (disconnected)Buyer to verify existence of any existing school or other credits.Region OverviewThe rental market in the Butte County area has been strong for the last several years. There has been an ongoing shortage of housing as the area has grown. In addition to the growth of the area, and existing housing crunch, the Camp Fire of 2018 has displaced over 15,000 residents that need a place to live while Paradise and the surrounding areas are re-built. The 5 year outlook for the rental market in the Oroville area is quite good.Disclaimer - Projected statements are based on estimates and evaluations made by the drafter of this document. You should consult your own professionals for advice regarding the projections. You understand that the drafter is not making any professional recommendations whether accounting, legal, real estate, or otherwise.
    Exterior Features

    Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Road Frontage Type City Street Road Surface Type Paved View Neighborhood View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features SidewalksStorm DrainsStreet LightsUrban Country Us Current Use Comments Was A Prior Apartment Building Distance To Water Comments 1 Electric Electricity - On Property Elevation Units Feet Exclusions Permit Fees Inclusions Approved & Stamped PlansArchitecture And Engineering For A 5 Unit Commercial Multi-Family Building. Land Lease YN No New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Utilities Cable Available Water Source Public Zoning Rp

    Listing provided courtesy of Michael Zuccolillo of Simplistic Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-16T19:31:53.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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