NOT LISTED FOR SALE

1363 E Lindo Ave Chico, CA 95926

19 Beds
7 Baths
-- Sq Ft
2007 Built

Last Sold March 30, 2012

Last sale price $638,000

15 Days on Market

Highlights

  • Private Pool
  • Laundry Room
  • Carpet
  • Neal Dow Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2012

Beautiful two stories Condos located in the center of Chico. Condos are in walking distance to In Motion Fitness, PVHS, Marigold Elementary and Bidwell Junior High. All units have granite Counter top in the kitchen and bathrooms; ceramic tile floors in the kitchen and dining area, inside washer and dryer hook-up. They are built to green house standards. Cool roof, R-38 Insulation in attic, insulation between floors, 14 seer air conditioner, 90 plus furnace heating, dual pane low E windows, fire sprinklers with monitoring system and on site fire hydrant.
THIS IS A PACKAGE SALE OF 7 UNITS. UNIT # 2,4,6,9,11,12 & 13 WILL BE SOLD IN ONE PACKAGE.

Last Agent to Sell the Property

Paul Farsai

California Top Brokers, Inc. License #01787279 Listed on: 01/15/2012

Last Buyer's Agent

Kristin Pankhurst

Chico Lifestyle Real Estate License #01477045

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Common Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 19 Bedrooms
  • All Upper Level Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Carpet
  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 045560052000

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Buildings
  • 7 Units

Recreation

  • Community Pool

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Maintenance Expense $16,800
  • Professional Management Expense $7,200
  • New Taxes Expense $5,000
  • Gross Income $6,000
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Parking

2

Listing Details

  • Inclusions: All appliances currently in the units, “AS IS”.
  • Professional Management Expense: 7200.00
  • Property Type: Residential Income
  • Parcel Number: 045560052000
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 17.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Maintenance Expense: 16800.00
  • Net Operating Income: 43000.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 29000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
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Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $638,000 +11.0% --
01/30/2012 01/30/12 Pending -- -- --
01/15/2012 01/15/12 For Sale $575,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12007825

California Regional Multiple Listing Service (CRMLS)
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