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Priced at $269,000, this multifamily apartment building at 1190 Pomona Avenue offers a stable addition to an investment portfolio in Oroville, California. The property consists of two distinct units, providing a manageable scale for an owner-operator or a passive investor looking to enter the local rental market. Oroville serves as a significant hub in Northern California, known for its proximity to major water infrastructure and the surrounding recreational lands of the Sierra Nevada foothills. This residential asset type remains a staple for housing demand in the region as the city continues to attract residents seeking more affordable living options compared to larger urban centers nearby. The configuration of this building makes it suitable for long-term rental income strategies or potential repositioning within the local housing stock. Investors will find this a straightforward acquisition in a steady suburban market that balances regional economic stability with a residential lifestyle.
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