Seller's Agent in 2024
Glenn Fry
Glenn Fry Real Estate
(530) 518-3131
1 in this area
32 Total Sales
131 W 3rd Ave Unit 1 Chico, CA 95926
Chico Vecino Neighborhood
7
Beds
6
Baths
4,399
Sq Ft
6,098
Sq Ft Lot
Highlights
- Golf Course Community
- Fishing
- Craftsman Architecture
- Chico Junior High School Rated A-
- 4 Car Garage
- Community Lake
About This Home
As of January 2024This DOWNTOWN CHICO property offers a very unique opportunity for you to own your own house and receive rental income from the addition units on the property. This property consists of a nice 2 bedroom, 2 bathroom, DETATCHED HOUSE. This home offers both a front and back yard area. On the main level you will discover the front door as well as the garage entrance. On this level there is spacious bedroom with a full bathroom area. This room comes with a sliding glass door that will lead you out to the back yard. The back yard is completely fenced and could provide you and your family a great play space for your "little ones". Or maybe, you have 1 or 2 of "man's best friend"! After entering the home, you will walk up a short flight of stair and find the living room area, dining room, the kitchen and another bedroom and full bathroom. The living room has a sliding glass door that leads you out to a private balcony. You can live in th house and receive the income from the additional units. This is a great opportunity for you to own not only a home but 3 rental units in this desirable Chico location. This property is located just 3 blocks from Chico State University and the downtown area. This property is also just 3 blocks from Enloe Hospital. This location offers the opportunity to attract a variety of potential tenants. There is a 2 bedroom, 1 bath unit with a 1 car attached garage. This unit can also be a 3 bedroom, 2 bath unit if needed. There is a 1 bedroom 1 bath unit with an attached 1 car garage. There are (2) 1 bedroom, 1 bath basement units that have been recently updated.
Last Agent to Sell the Property
Glenn Fry Real Estate License #01103940 Listed on: 11/16/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Fence is in fair condition
- Corner Lot
- Paved or Partially Paved Lot
- Private Yard
- Lawn
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Driveway
Home Design
- Craftsman Architecture
- Bungalow
- Quadruplex
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,399 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Entryway
- Living Room with Fireplace
- Neighborhood Views
- Basement
Kitchen
- Galley Kitchen
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom on Main
- Multi-Level Bedroom
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / 69
- Assessor Parcel Number 003064014000
- $7,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Community Lake
- Foothills
- Mountainous Community
Recreation
- Golf Course Community
- Fishing
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,800
- Water Sewer Expense $1,200
- Operating Expense $9,000
- Gross Income $72,000
- Net Operating Income $63,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2024 01/09/24 | Sold | $665,000 | +2.3% | $151 / Sq Ft |
| 12/08/2023 12/08/23 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | For Sale | $650,000 | -- | $148 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Josh Burns
Platinum Partners Real Estate
(530) 636-3939
3 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN23212062
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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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