NOT LISTED FOR SALE

1119 W Sacramento Ave Chico, CA 95926

28 Beds
14 Baths
9,688 Sq Ft
0.5 Acres

Last Sold March 19, 2018

Last sale price $1,600,000 $165 Per Sq Ft

10 Days on Market

Highlights

  • Property is near a park
  • Main Floor Bedroom
  • Great Room with Fireplace
  • Chico Junior High School Rated A-
  • Attic
  • Granite Countertops

About This Home

As of March 2018

In a great neighborhood and only minutes from the heart of the city you will find this perfect investment property !! This complex consists of 3
buildings, plus an office . There are 7 units, each with 4 bedrooms and 2 baths. Each unit has a fire place in the living room, a bedroom and a
bath downstairs with other 3 bedrooms and one bath upstairs. For the energy conservation and keeping the tenant's PG&E bill low, all the
windows have been upgraded with dual pane windows. Each unit comes with its own individual heat and air units, the indoor laundry with
side by side washer and dryer, refrigerator, dishwasher, garbage disposal and microwave. Just the facts, this one of a kind split level property
has everything you want and some thing you haven't considered, but once you see them, they will be high on your want list. Some of the units
have been upgraded with granite counters, new cabinets and one of the buildings has new roof. There's even a picnic perfect courtyard with
mature trees, benches and BBQs for dining or just relaxation. All units are leased through 7/25/2018 at the rate of $ 1,620.00 except one, which
is leased for $1,500.00 a month, however, the new lease for August 1st are being signed at the rate of $ 1760.00 a month. The vacancy factor
is zero in this complex because the students love the location for its proximity to the CSUC, shopping, restaurants, public transportation and
downtown. This is a great addition to your portfolio of investments !!!

Last Agent to Sell the Property

Effie Khaki

Century 21 Select Real Estate, Inc. License #01024181 Listed on: 02/06/2018

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Laura Willman

Century 21 Select Real Estate, Inc. License #01931088

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Property Views

  • Neighborhood
  • Courtyard

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 9,688 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Great Room with Fireplace
  • Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 28 Bedrooms
  • Main Floor Bedroom
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 043260040000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $420
  • Insurance Expense $4,283
  • Maintenance Expense $8,400
  • Other Expense $10,103
  • Pest Control $348
  • Professional Management Expense $3,934
  • Supplies Expense $5,145
  • Trash Expense $1,656
  • Water Sewer Expense $804
  • Operating Expense $34,369
  • Gross Income $133,200
  • Net Operating Income $98,831

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Professional Management Expense: 3934.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Supplies Expense: 5145.00
  • View: Yes
  • Water Sewer Expenses: 804.00
  • Zoning: ASR
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 043260040000
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Great Room
  • Levels: Two
  • Price Per Square Foot: 165.15
  • Room Type: Attic, Great Room, Kitchen, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Lighting, Rain Gutters
  • View: Courtyard, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Upper Level, Washer Hookup, Washer Included
  • Pest Control Expense: 348.00
  • Sewer: Public Sewer
  • Trash Expense: 1656.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 21780.00

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 133200.00
  • Gross Scheduled Income: 133200.00
  • Insurance Expense: 4283.00
  • Laundry Equipment Own Lease: Own
  • Maintenance Expense: 8400.00
  • Net Operating Income: 98831.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Dishwasher: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 34369.00
  • Other Expense: 10103.00
  • Rent Control: No
  • Total Expenses: 34369.00

Tax Info

  • Tax Census Tract: 5.02

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Off Market $1,395 -- --
08/29/2025 08/29/25 Price Changed $1,395 -6.7% $1 / Sq Ft
07/29/2025 07/29/25 Price Changed $1,495 -16.7% $1 / Sq Ft
07/25/2025 07/25/25 For Rent $1,795 +12.5% --
07/15/2025 07/15/25 Price Changed $1,595 -5.9% $1 / Sq Ft
07/01/2025 07/01/25 Price Changed $1,695 0.0% $1 / Sq Ft
03/19/2018 03/19/18 Sold $1,600,000 +0.3% $165 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $1,595,000 -- $165 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18027965

California Regional Multiple Listing Service (CRMLS)