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Active

Single Family Residence

1059 Thermalito Avenue

$215,000

Offered at

Oroville, CA 95965

Butte County

Beds

Baths

900

Sq Ft

11,326

Lot Sq Ft

1947

Year Built

Rental Investment Opportunity in Thermalito! Located in the desirable Thermalito area of Oroville and nearly backing up to Sierra Avenue Elementary School, this property offers a convenient location just minutes from town. Situated on approximately 0.26+/- acres, just over a quarter acre, the property enjoys a setting… Rental Investment Opportunity in Thermalito! Located in the desirable Thermalito area of Oroville and nearly backing up to Sierra Avenue Elementary School, this property offers a convenient location just minutes from town. Situated on approximately 0.26+/- acres, just over a quarter acre, the property enjoys a setting where neighboring homes have a bit of space between them, providing a more open feel than many in-town locations. Outdoor enthusiasts will appreciate the close proximity to the Feather River, Oroville Forebay, Afterbay, and Lake Oroville, providing abundant recreational opportunities nearby. The property is fully fenced with gated chain-link frontage and features a spacious yard with lawn areas extending from the front to the rear fence line, complemented by select shrubs and mature trees. Extensively freshened up around 2019, including the installation of a newer roof, this home offers a practical and functional layout featuring 3 bedrooms, 2 bathrooms, an indoor laundry room, a covered front porch with lattice accents, and a side carport for vehicle or recreational toy storage. The generous side yard offers potential space for a future shop, storage building, or additional improvements, subject to buyer verification and local requirements. Currently tenant occupied, the property has housed the same tenant for over a year and is currently on a month-to-month rental agreement. Tenant currently pays $1,300 per month and covers all utilities, with rent considered slightly below current market rates, creating an attractive opportunity for investors seeking immediate income with future upside potential. Seller is offering this property as a rental investment opportunity and has no intention of delivering the property vacant. Buyer to assume tenancy subject to applicable laws and regulations. If you would desire to live here, you will be responsible for vacating tenant after close. IMPORTANT NOTE: Showing Requirements. No showings will be permitted without prior verification of proof of cash funds or lender-issued pre approval letter, not your basic unverified pre-qual. Minimum 72-hour advance notice required for all showings. No exceptions. Contact your agent for additional details and showing instructions.

Facts & Features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
1/2 bathrooms: 0

Cooling

Cooling: Wall Window Units

Appliances

Laundry: Laundry Room

Features

Has fireplace: No

Interior area

Total interior livable area: 900 sqft

Property

Parking

Total spaces: 3
Parking features: Carport, Driveway Level
Garage spaces: 0

Features

Stories: 1
Patio & porch: Porch
Has private pool: No
Fencing: Chain Link, See Remarks, Wood
Has view: No

Lot

Size: 0.26 Acres
Features: Level, Street Level, Yard

Details

Parcel number: 031260034000

Construction

Type & style

Home type: Residential
Property subtype: Single Family Residence

Materials

Roof: Composition

Condition

Year built: 1947

Location

Mike Zwarg

Broker / Owner

951.528.0626
mike@mzhomes.us

Listing Office: 100 for 100 Realty · Listing Agent: Mario Gattavara · 5305888373 · CRMLS

The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.

1059 Thermalito Avenue

Facts & Features

Location

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