NOT LISTED FOR SALE
7 Beds
6 Baths
4,166 Sq Ft
5,663 Sq Ft Lot

Last Sold March 16, 2020

Last sale price $545,000 $131 Per Sq Ft

14 Days on Market

Highlights

  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Chico Junior High School Rated A-
  • Laundry Room

About This Home

As of March 2020

Clad with historic Chico charm! This 3 story income property consists of 2 units on each level, totaling 6 unit; 5- 1 bedroom/1 bath units, & 1- 2 bedroom/1 bath unit. Coin operated laundry, off site parking & walking distance to CSU and downtown in a lovely neighborhood make this an inviting investment opportunity.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/10/2020

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/10/2020

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Home Design

  • Property Attached

Interior Spaces

  • 4,166 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 10
  • Assessor Parcel Number 005113011000

Community Details

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $450
  • Gardener Expense $1,000
  • Insurance Expense $1,500
  • Maintenance Expense $1,200
  • Trash Expense $750
  • Water Sewer Expense $2,575
  • New Taxes Expense $6,270
  • Operating Expense $13,745
  • Gross Income $4,961
  • Net Operating Income $47,187

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2575.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 005113011000
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 130.82

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Electric Expense: 450.00
  • Gross Income: 4961.00
  • Gross Scheduled Income: 60932.00
  • Insurance Expense: 1500.00
  • Laundry Income: 1400.00
  • Lot Size Area: 5663.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 47187.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 13745.00
  • Rent Control: Yes
  • Total Expenses: 13745.00

Tax Info

  • New Taxes Expense: 6270.00
  • Tax Block: 10
  • Tax Census Tract: 12.00
  • Tax Lot: 4

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
03/16/2020 03/16/20 Sold $545,000 -4.4% $131 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $570,000 -- $137 / 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: SN20006547

California Regional Multiple Listing Service (CRMLS)