NOT LISTED FOR SALE

1154 Warner St Chico, CA 95926

Chico Vecino Neighborhood
4 Beds
2 Baths
1,776 Sq Ft
10,019 Sq Ft Lot

Last Sold April 06, 2020

Last sale price $355,000 $200 Per Sq Ft

23 Days on Market

Highlights

  • Lawn
  • Chico Junior High School Rated A-
  • Laundry Room

About This Home

As of April 2020

This always rented and super cute duplex is just steps from CSU Chico and Downtown. Each unit is 2 bedroom, 1 bath, however upstairs has a large bonus room with a closet and a very large kitchen pantry. Property is professionally managed and rent totals $2390/month with one lease expiring in July 2020. Market rent is estimated at over $2600/mo. Bottom unit is completely upgraded with new bathroom, kitchen, waterproof flooring etc. Top unit is in good condition. Both units have indoor laundry. Property has a large back yard which fronts an alley. There is plenty of room for parking or to add additional units, subject to the city use permit and approval process. Buyer to investigate all facts and development potential to their satisfaction.

Last Agent to Sell the Property

Ryan Vaught

Ryno Company License #01444141 Listed on: 02/12/2020

Last Buyer's Agent

Eric Stofa

Parkway Real Estate Co. License #01904078

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Home Design

  • 1,776 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, trash collection, water
  • Legal Lot and Block 17,18 / 8
  • Assessor Parcel Number 003081014000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Maintenance Expense $1,500
  • Other Expense $1,500
  • Water Sewer Expense $1,020
  • New Taxes Expense $3,950
  • Operating Expense $8,750
  • Gross Income $2,390
  • Net Operating Income $19,536

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1020.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 003081014000
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 199.89

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 2390.00
  • Gross Scheduled Income: 28680.00
  • Insurance Expense: 600.00
  • Lot Size Area: 10019.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 19536.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8570.00
  • Other Expense: 1500.00
  • Other Expense Description: Turn Ove
  • Rent Control: Yes
  • Total Actual Rent: 2390.00
  • Total Expenses: 8750.00

Tax Info

  • New Taxes Expense: 3950.00
  • Tax Block: 8
  • Tax Census Tract: 6.03
  • Tax Lot: 17,18

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $355,000 -6.3% $200 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $379,000 -4.1% $213 / Sq Ft
02/12/2020 02/12/20 For Sale $395,000 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Vaught

    Seller's Agent in 2020

    Ryan Vaught

    Ryno Company

    (530) 343-2959

    3 in this area

    15 Total Sales

    Ryan Vaught
    Section Image
  • Eric Stofa

    Buyer's Agent in 2020

    Eric Stofa

    Parkway Real Estate Co.

    (530) 895-1545

    5 in this area

    50 Total Sales

    Eric Stofa
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN20031458

California Regional Multiple Listing Service (CRMLS)

APN: 003-081-014

California Butte County Chico 95926 Chico Vecino

1154 Warner St, Chico, CA

Not Listed for Sale

MultiFamily

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