Seller's Agent in 2022
Steven Depa
RE/MAX
(530) 520-8672
20 in this area
130 Total Sales
1252 Warner St Chico, CA 95926
Chico Vecino Neighborhood
--
Bed
10
Baths
3,983
Sq Ft
9,583
Sq Ft
Highlights
- Cooling System Mounted To A Wall/Window
- Chico Junior High School Rated A-
- Laundry Room
About This Home
As of February 2022What’s better than predictable cash flow in a fast-growing town? Don’t hesitate to act on this solid income-producing asset. Impeccable interior remodel allows tenants to live in luxury, without paying luxury prices. Absolutely turnkey and low maintenance, Water-efficient landscape, and minimal owner-paid PGE bill keeps expenses minimal and predictable. Just blocks away from Enloe hospital, Chico State, restaurants, and shopping. The scarcity of affordable studios, and sharply increasing demand makes this property a trophy asset that cannot be replicated. The strong Chico rental market has 2 colleges, the biggest hospital north of Sacramento, and a budding tech and startup scene. Chico is a hidden gem of California and is an ultra-attractive destination for young professionals and families moving outside of cities, seniors looking for a glorious retirement location, as well as students looking for an unparalleled college experience. Do not miss the opportunity to get in on a cash-flowing asset of this caliber, with management already in place will only make this a turnkey property that will pay dividends for years and years.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 9,583 Sq Ft Lot
- Two or More Common Walls
- No Landscaping
Home Design
- 3,983 Sq Ft Home
- Property Attached
Additional Features
- 10 Bathrooms
- Laundry Room
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 17 / 6
- Assessor Parcel Number 003051028000
Community Details
Building Details
- 10 Leased Units
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,103
- Gardener Expense $960
- Insurance Expense $2,400
- Maintenance Expense $7,886
- Professional Management Expense $7,911
- Trash Expense $1,843
- Water Sewer Expense $3,690
- New Taxes Expense $12,765
- Operating Expense $39,559
- Gross Income $9,419
- Net Operating Income $73,469
Additional Features
- 10 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $1,175,000 | +2.2% | $295 / Sq Ft | |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- | |
| 02/02/2022 02/02/22 | For Sale | $1,150,000 | +53.3% | $289 / Sq Ft | |
| 01/26/2018 01/26/18 | Sold | $750,000 | -3.2% | $188 / Sq Ft | View Prior Sale |
| 10/24/2017 10/24/17 | Pending | -- | -- | -- | |
| 08/22/2017 08/22/17 | For Sale | $775,000 | -- | $195 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,531 | $1,246,550 | $477,543 | $769,007 |
| 2024 | $13,531 | $1,216,227 | $468,180 | $748,047 |
| 2023 | $13,373 | $1,198,380 | $459,000 | $739,380 |
| 2022 | $9,018 | $803,969 | $268,049 | $535,920 |
| 2021 | $8,849 | $788,255 | $262,794 | $525,461 |
| 2020 | $8,824 | $780,199 | $260,100 | $520,099 |
| 2019 | $8,665 | $764,950 | $255,000 | $509,950 |
| 2018 | $3,980 | $348,876 | $80,148 | $268,728 |
| 2017 | $3,897 | $342,085 | $78,577 | $263,508 |
| 2016 | $3,560 | $335,428 | $77,037 | $258,391 |
| 2015 | $3,560 | $330,428 | $75,880 | $254,548 |
| 2014 | $3,475 | $324,005 | $74,394 | $249,611 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Depa
-
John Barroso
Buyer's Agent in 2022
John Barroso
Parkway Real Estate Co.
(530) 570-8489
31 in this area
279 Total Sales
-
F
Seller's Agent in 2018
Frank Ross
Century 21 Select Real Estate, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN22020165
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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