Price Reduction - Views
Address
187 Lost Horizon Drive, Oroville, CA
Price
$ 379,900
Property Attributes
  • MLS#224046643
  • TypeIncome
  • CountyBUTTE
  • CityOroville
  • AreaOroville
  • Zip95966
  • StyleA-Frame,Ranch
  • Price$ 379,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.64 Acres
Data Source:
MetroList MLS
Property Description

TWO HOMES on ONE LOT! An opportunity like this does not come around too often! A fantastic home owning and rental income opportunity for the investment minded Buyer is ready for you Right Now! Got a big family or combining families? Check this out too! Two homes on one lot sitting on .64 of an acre located in the foothills of Oroville away from the busy life of town. The front home measures approximately 1200 square feet with 3 bedrooms 2 Bathrooms, with the upstairs bathroom serving the master bedroom. You'll find lots of light in all the bedrooms plus a view in the upstairs rooms. The kitchen, bathrooms, flooring and paint have been recently updated so you'll get a fresh home feeling the moment you walk in. The homes have been well maintained throughout the years. The second home is two bedrooms and one bathroom measuring approximately 800 square feet and also has been recently updated. It features a welcoming front deck, a great room style floor plan with the living room and kitchen openly connected together, inside laundry room and a private backyard. The rear home currently rents for $1250 per month (with an estimated potential of $1500 per month),the front has an estimated potential to receive $2000 per month.

Price History
5/3/2024 Listed $449,900,000
5/3/2024 100% - $449,900
6/6/2024 12% - $399,900
6/24/2024 6% - $379,900

General Features

Sewer Septic System,Septic Connected
Heating Propane,Wall Furnace
Cooling Evaporative Cooler,Window Unit(s)
Utilities Propane,Electric
Roof Composition
Appliances Free Standing Gas Oven,Free Standing Gas Range,Gas Water Heater,Dishwasher,Electric Water Heater,Free Standing Electric Oven,Free Standing Electric Range
Exterior Features Fenced Yard,Yard Space
Unit 2 Rent 1250
Unit 1 Rent 2000
Garage Spaces 0.0
Patio/Porch Features Covered Deck
Architectural Style A-Frame,Ranch
Construction Materials Wood
Year Built 1969
Electric 220 Volts
Tenant Pays Electricity,Gas
Levels One,Two
Property SubType Duplex
County Butte
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions Hwy 162 East,Right on Old olive Hwy,Left on Lost Horizon.
City Oroville
Buyer Agent Compensation 3.00
High School District Oroville Union
Zoning Description RR-5
Open Parking Spaces 8.0
NumberOfUnitsTotal 2
MLS Area 12569
Lot Size Square Feet 27878.0
Carport Spaces 0.0
Property Condition Updated/Remodeled
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Oroville City
Elementary School District Oroville City
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent

Interior Features

Basement None
Flooring Carpet,Laminate
Total Stories 2
Unit 1 Full Baths 2
Unit 2 Full Baths 1
Unit1Bedrooms 3
Unit2Bedrooms 2
Laundry Features Varies by Unit,Laundry Closet,Washer/Dryer Hookups
Unit 2 Bedroom Units Total 1
Unit 3 Bedroom Units Total 1

Exterior Features

Parking Features Uncovered
Lot Features Corner
Water Source Well
Total Parking 8.0
Foundation Details ConcretePerimeter
Number of Buildings 2
Lot Size Acres 0.64
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95966

Price
AVG $380K
$380K
Visits
AVG 212
212
Data Provided by Inside Real Estate®
Year Built
AVG 1933
1969

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