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1234 & 1238 Middlehoff Lane

Oroville, CA 95965

– beds
– baths
– sqft
~1 acre lot
1957 build
– on site

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**Amazing Investment Opportunity: Multi Unit on Sprawling Corner Lot!** Unlock the potential of this lucrative income-producing property nestled in a prime location just minutes from downtown Oroville. Situated on a generous 1.18-acre corner-lot along Middlehoff Lane, this hidden gem offers a perfect blend of convenience, tranquility and investment opportunity **Prime Location** Tucked away in a secluded wooded area just west of the river, yet only a stone's throw from Oroville's bustling downtown, this property offers the best of both worlds. With easy access to amenities, it's an ideal location for tenants seeking both comfort and convenience. **Duplex Units** The front duplex units, each with its own carport and storage, exude rustic charm with rising, exposed-beam ceilings and wooden built-ins. Boasting identical layouts of 1 bed/1 bath, these units offer comfortable living spaces with the added convenience of individual, brand new electric meters. Each unit has its own electric and Gas meters. There is a seperate large building across the large backyard which houses a shared laundry facility, 2 car garage and a large, climate-controlled indoor storage area. This building is also on its own electric meter. Historically, tenants have paid their own unit's power/gas and the landlord has paid the laundry power bill from the third meter. **Expansive Grounds** Spanning 1.18 acres and fully fenced, the property offers abundant outdoor space for recreation and relaxation. Mature trees dot the landscape, complemented by lush grassy expanses and even a flourishing grapevine, creating a picturesque setting for residents to enjoy. **Investment Potential** With one unit already occupied, this property presents an immediate income stream for savvy investors an the second unit is ready for an owner or tenant to move right in. Whether you're looking to generate rental income or offset mortgage payments, the possibilities are endless with this versatile investment opportunity. Don't miss out on this fantastic opportunity to own a multifaceted income property in a highly sought-after location. Schedule your showing today and unlock the full potential of this hidden gem on Middlehoff Lane!

Listed By CRMLS_CA / Aaron Landers / Century 21 Select Real Estate Inc

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# OR24106359 —

The Building

Year Built:

1957
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Cedar
Roof:

Composition
Exterior Features:

Awning(s)
Entry Level:

1
Accessibility Features:

2+ Access Exits, 32 Inch Or More Wide Doors, Parking
Common Walls:

1 Common Wall
Building Area Total:

1312.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

2
Stories Total:

1
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Features:

Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, Storage, Wood Product Walls
Levels:

One
Entry Location:

Front
Flooring:

Laminate, Vinyl
Room Type:

All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

Common Area, Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Laundry:

1

Location

Directions:

Oro Dam Blvd to Middlehoff Lane
Latitude:

39.50360200
Longitude:

-121.58237400

The Property

Property Type:

Residential Income
Subtype:

Duplex
Zoning:

AR
Lot Features:

2-5 Units/Acre, Back Yard, Corner Lot, Level with Street
Lot Size Area:

51401.0000
Lot Size Acres:

1.1800
Lot Size SqFt:

51401.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s)
Fencing:

Good Condition
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Other Structures:

Second Garage, Shed(s)
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

37.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

030160052000

Heating & Cooling

Heating:

1
Heating:

Electric
Cooling:

Yes
Cooling:

Evaporative Cooling

Utilities

Sewer:

Public Sewer
Electric:

220 Volts in Laundry, Standard
Water Source:

Public

Appliances

Appliances:

Electric Water Heater, Gas Range, High Efficiency Water Heater, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Biking, Dog Park, Fishing, Golf, Hiking, Horse Trails, Watersports
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No

Parking

Parking:

Yes
Parking:

Assigned, Built-In Storage, Attached Carport, Garage - Two Door
Parking Spaces:

4.00
Garage Spaces:

2.00
Carport Spaces:

2.00

Extra Units

Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/12/24 Nov 12, 2024	Sold	CRMLS_CA	$284,000	-5.0%
8/20/24 Aug 20, 2024	Pending	CRMLS_CA	$299,000
7/29/24 Jul 29, 2024	Relisted	CRMLS_CA	$299,000

Multifamily Sold on 11/12/2024

$284,000

Listing provided by broker:

Aaron Landers

Century 21 Select Real Estate Inc

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Listing Courtesy of: CRMLS_CA and Century 21 Select Real Estate Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 23:52 on Nov 21.

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.

1234 & 1238 Middlehoff Lane

Oroville, CA 95965