405 5th Orland, CA 95965

$2,560,000 Closed

About the Property

Please Note: This property has been SOLD

Parkwood is a complex of 8 four plex’s , 32 units of 2bedroom 1 bath located in Orland Calif . 20 miles west of Chico and near hwy 5 and hwy 32 . Units are being offered in As IS condition with owner making no repairs . Owner want to carry the first note and deed of trust . Each 4 plex is 2 units downstairs and two units upstairs . Included addresses are as follows 405 , 407 , 415 , 423 , 431 , 5th St , 408 4th St , 413 , 417 Shasta St These units need repairs

Property Information

Size 45,000 SqFt
Price/SqFt $56.89
Lot Size 1.033 Acres
Year Built 1962
Property Type Residential Income
Listing Number SN25123987
Listed 6/3/2025
Modified 7/23/2025
Listing Agent Bruce Roe
Listing Office Chico Oaks Realty
Total Building 8
Total Units 32

Property Features

# Electric Meters
  • 32
# Gas Meters
  • 32
Cooling
  • Electric
Garage Spaces
  • 0.00
Gross Income
  • 306900.00
Gross Scheduled Income
  • 306900.00
Heating
  • Wall Furnace
Interior
  • Copper Plumbing Full
Levels
  • Two
Net Operating Income
  • 184900.00
Operating Expense
  • 122000.00
Pool
  • None
Price Pe rUnit
  • 80000
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Style
  • Bungalow
Tenant Pays
  • None
Total Expenses
  • 122000.00
Water Source
  • Public
Flooring
  • Carpet
  • Vinyl
Community Features
  • Sidewalks
  • Storm Drains
  • Street Lights
Fireplace
  • Bath
  • Kitchen
  • Living Room
  • Electric
  • Gas
Utilities
  • Cable Available
  • Electricity Available
  • Natural Gas Available
  • Phone Available
  • Sewer Available
  • Water Available