Seller's Agent in 2017
Alisha Simpkins
Keller Williams Realty Chico Area
(530) 354-4244
4 in this area
313 Total Sales
1145 Hazel St Chico, CA 95928
Southwest Chico Neighborhood
6
Beds
4
Baths
3,392
Sq Ft
0.25
Acres
Highlights
- No Units Above
- All Bedrooms Downstairs
- Corner Lot
- Chico Junior High School Rated A-
- Wood Flooring
- Granite Countertops
About This Home
As of August 2017Great investment opportunity with 4 units! Two single family homes and one duplex near Chico State. Located on a large corner lot between Hazel and W 12th Street sits a 3 bedroom 1 bath home with a detached garage. Behind that unit is a single 1 bedroom, 1 bathroom unit and then another free standing single story duplex with two 1 bedroom 1 bathroom units. All units are fully rented with leases extending until Summer of 2018. Back 3 units have about 10 uncovered off street unassigned parking spaces and large fenced grassy area out front. There is a covered open breezeway over the duplex, with storage rooms on the opposite side of the units, and a communal back yard area. All units have indoor laundry. The three bedroom unit does need some love, however back three units are recently updated and VERY clean. All units include gas stoves/ovens, washer and dryers and refrigerators. A few of the units have new flooring, paint, granite countertops, new cabinets, hardwood floors and updated bathrooms. Other addresses included in the sale are 524 W. 12th Street (rented for 825.00), 526 W. 12th Street (rented for 895.00), and 536 W. 12th Street (rented for 710.00). 1145 Hazel is rented at 1160.00 Great location near downtown - these units never have an issue renting. Great opportunity to live in one unit and have the other three units pay your mortgage! Rare find in this area, and a great Cap Rate!
Last Agent to Sell the Property
Keller Williams Realty Chico Area License #01772692 Listed on: 06/13/2017
Last Buyer's Agent
Keller Williams Realty Chico Area License #01772692 Listed on: 06/13/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 10,890 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Corner Lot
- Private Yard
- Front Yard
Parking
- 10 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- Property Attached
- Turnkey
- Cosmetic Repairs Needed
- Composition Roof
Interior Spaces
- 3,392 Sq Ft Home
- Built-In Features
- Crown Molding
- Ceiling Fan
- Living Room
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Cooktop
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Floor Furnace
- Wall Furnace
Additional Features
- Two Homes on a Lot
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, grounds care, sewer
- Assessor Parcel Number 005113006000
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $1,500
- Trash Expense $2,496
- New Taxes Expense $4,250
- Operating Expense $8,246
- Net Operating Income $34,834
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2017 08/10/17 | Sold | $440,000 | +3.5% | $130 / Sq Ft |
| 06/21/2017 06/21/17 | Pending | -- | -- | -- |
| 06/13/2017 06/13/17 | For Sale | $425,000 | -- | $125 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Alisha Simpkins
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CH17128951
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