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.
| Size | 4,800 SqFt |
|---|---|
| Price/SqFt | $146 |
| Lot Size | 0.21 Acres |
| Year Built | 2005 |
| Property Type | Residential Income |
| Zoning | R3 |
| Listing Number | SN25102609 |
| Listed | 5/7/2025 |
|---|---|
| Modified | 7/25/2025 |
| Listing Agent | Michael Lee |
| Listing Office | Ryno Company |
| Total Building | 1 |
| Total Units | 4 |
| Date | From | To | Change |
|---|---|---|---|
| 5/14/2025 | $750,000 | $699,000 | ($51,000) |
Listed by Michael Lee and Ryan Vaught of Ryno Company. Listing data last updated 2/13/2026 at 12:34 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/25/2025 3:53 PM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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