NOT LISTED FOR SALE

1279 Citrus Ave Chico, CA 95926

Chico Vecino Neighborhood
9 Beds
3 Baths
2,810 Sq Ft
9,583 Sq Ft Lot

Last Sold August 01, 2017

Last sale price $420,000 $149 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Laundry Room
  • Chico Junior High School Rated A-
  • Cooling System Powered By Gas
  • Landscaped

About This Home

As of August 2017

Cute Triplex near CSUC and Enloe Hospital! Front house is a 1920’s bungalow with wood floors, window a/c, floor furnace, gas range, tub/shower, and a darling front porch. Rear duplex was built in 1980’s and is a stacked unit with central heat and air with a balcony for the upstairs unit and a patio for the downstairs unit. All three units are 3 bedroom, 1 bath. There are 6 parking spaces for the duplex off the alley and 2 parking spaces with a long driveway for the front house. All units have refrigerators, dishwashers, washer/dryers, garbage disposals, and separate PGE meters. Long term tenants with low rents so could have upside potential on rents. Don’t miss out on this great investment!

Last Agent to Sell the Property

Mary McGowan

Parkway Real Estate Co. License #01119659 Listed on: 06/20/2017

Parkway Real Estate Co.

Last Buyer's Agent

Brian Bernedo

Brian Bernedo Real Estate License #01822607

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Landscaped

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 003052005000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $32,705
  • Net Operating Income $20,211

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.80
  • Inclusions: all refrigerators, washer/dryers and stove owned by sellers
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Zoning: R-2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 003052005000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 149.47

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central, Floor Furnace, Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s), Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9583.00

Multi Family

  • Gross Income: 32705.00
  • Gross Multiplier: 12.60
  • Gross Scheduled Income: 33660.00
  • Net Operating Income: 20211.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 1
  • Number With Dishwasher: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 12494.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6.03

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
08/01/2017 08/01/17 Sold $420,000 -1.2% $149 / Sq Ft
06/20/2017 06/20/17 For Sale $425,000 -- $151 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mary McGowan

    Seller's Agent in 2017

    Mary McGowan

    Parkway Real Estate Co.

    (530) 518-8888

    5 in this area

    95 Total Sales

    Mary McGowan
    Section Image
  • Brian Bernedo

    Buyer's Agent in 2017

    Brian Bernedo

    Brian Bernedo Real Estate

    (530) 571-7712

    1 in this area

    12 Total Sales

    Brian Bernedo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17142194

California Regional Multiple Listing Service (CRMLS)
California Butte County Chico 95926 Chico Vecino

1279 Citrus Ave, Chico, CA

This home is located at 1279 Citrus Ave, Chico, CA 95926 since 20 June 2017. This property was built in 1920. 1279 Citrus Ave is a home located in Butte County with nearby schools including Citrus Avenue Elementary School, Chico Junior High School, and Chico High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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