187 Lost Horizon Drive

Oroville, CA 95966

$449,900
Price
5
Beds
3
Baths
2,000 Sq. Ft.
$225 / Sq. Ft.
2,000
Sq. Ft.
$225
per Sq. Ft.

Description

An opportunity like this does not come around too often! Two Homes on One Lot. A fantastic home owning and rental income opportunity for the investment minded Buyer or rent out both, either way this opportunity is ready for you Right Now! 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...An opportunity like this does not come around too often! Two Homes on One Lot. A fantastic home owning and rental income opportunity for the investment minded Buyer or rent out both, either way this opportunity is ready for you Right Now! 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 front home has an estimated rent potential of $2000 per month and the rear home is currently rented for $1250 per month with an estimated potential of $1500 per month.

Property Details for 187 Lost Horizon Drive

View
Trees/Woods, Valley
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2000

Location

Listing Courtesy of Re/Max of Chico, Michael Daly, DRE #01500085
Add your commute
LISTING UPDATED: 05/13/2024 09:55 AM

Property Details for 187 Lost Horizon Drive

StatusActive
MLS #SN24087331
Days on Compass22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.64 AC / 27,878 SF
CountyButte County

Location

Listing Courtesy of Re/Max of Chico, Michael Daly, DRE #01500085
Add your commute

Building Information for 187 Lost Horizon Drive

Stories2Residences-Year Built1967Building Size-Lot Size0.64 AC / 27,878 SF

Payment Calculator

$2,666 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,455

Property Taxes

$211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 187 Lost Horizon Drive

Rental Info
Rental Info
  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $30,468
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $11,532
  • Fuel Expense: $0
  • Insurance Expense: $8,100
  • Other Expense: $2,532
  • Other Expense Description: Taxes
  • Trash Expense: $900
  • Water Sewer Expense: $0
  • Total Expenses: $11,532
Tax / Assessment Info
  • Tax Census Tract: 26.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 151
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Fishing, Foothills, Golf, Hiking, Lake, Horse Trails, Hunting, Watersports
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Range, Gas Range, Gas Water Heater, Water Heater
  • Equipment: Dishwasher, Electric Dryer Hookup, Hookup - Electric, In Closet, Inside, Room
  • Interior Features: Cathedral Ceiling(s), Granite Counters
  • Room Type: Kitchen, Laundry, Living Room
  • Basement: None
  • Water Heater Features: Electric, Gas
  • Water Heater Type: Electric, Gas
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Closet, Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating Type: Propane Gas, Wall
  • Heat Source: Propane
  • Heating: Propane, Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Exterior Features: Fenced Yard, Yard Space
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Concrete Perimeter
  • Property Condition: Turnkey
  • View Description: Trees/Woods, Valley
  • Patio And Porch Features: Covered Deck
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Elevation: 0
  • Levels: Two
  • Water: Well
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Utilities: Electricity Connected
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Water Source: Well
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Circular Driveway, Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Circular Driveway, Driveway
Property / Structure Info
  • Architectural Style: A-Frame, Ranch
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 1

Property History for 187 Lost Horizon Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 187 Lost Horizon Drive

Taxable ValueLand$61,485Additions$165,159Total$226,644
Tax Record2023$2,532 ($211 / month)
Home Facts
Baths1.5Total Finished SqFt860 SqFtAbove Grade Finished SqFt860 SqFtStories1Lot Size27,878 SqFtStyleMulti-Family Dwelling (2-4)Year Built1967ZoningRR-5CountyBUTTEAPN072-062-007-000

Schools near 187 Lost Horizon Drive

This home is within Oroville Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Ophir Elementary School
PublicK to 5

Ishi Hills Middle School
Public6 to 8

Las Plumas High School
Public9 to 12

Stanford Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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187 Lost Horizon Drive is a multi-family home for sale in Oroville, CA 95966. This property was listed for sale on April 30, 2024 by Re/Max of Chico, it's currently listed at $449,900. It has been on the market for a total of 22 days and was last sold on October 31, 2003. This listing's school districts are Oroville Union High School District, Oroville City Elementary School District. Nearby schools include Ophir Elementary School, Ishi Hills Middle School and Las Plumas High School. 187 Lost Horizon Drive is a 5-bed, 3-bath, 2,000 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Chico, Michael Daly, DRE #01500085

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.