$587,500
SOLD MAR 18, 2025
10 Beds
5 Baths
3,080 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Chico Junior High School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of March 2025

Welcome to 1444 & 1448 Warner St, a charming triplex that offers an incredible rental opportunity just blocks from Chico State University and Downtown Chico. Whether you're looking to invest in student housing or a versatile income property, this triplex is packed with potential. The front house (1444 Warner St) is a darling 2-bedroom single-story home brimming with classic Chico charm. Inside, you'll find original hardwood floors, ceiling fans in every room, and a perfect balance of character and modern conveniences, including central HVAC. The kitchen features a convenient laundry area with extra storage space, and both bedrooms are generously sized, with one offering a walk-in closet. The front house also includes an off-street parking spot for added tenant convenience. Behind the front house sits the stacked duplex (1448 Warner St), featuring two spacious units, each with 4 bedrooms and 2 bathrooms. Unit A (downstairs) offers laminate flooring, and a fully enclosed private patio for outdoor enjoyment, while Unit B (upstairs) boasts updates like newer laminate flooring and a unique French door feature that allows two bedrooms to combine into one large primary suite. Both duplex units share access to an on-site coin-operated laundry room, generating additional income for the owner. The property also has alley access and a private parking lot with ample on-site parking for tenants. Located in the desirable Avenues, this property is just minutes from Chico State University, Downtown Chico, and a variety of local eateries and amenities. With its unbeatable location, strong rental history, and incredible versatility, this triplex is a fantastic addition to any portfolio. Don't miss your chance to own this amazing income-producing property - schedule your private showing today!

Last Agent to Sell the Property

Alisha Simpkins

Keller Williams Realty Chico Area Brokerage Phone: 530-354-4244 License #01772692 Listed on: 01/24/2025

Keller Williams Realty Chico Area

Last Buyer's Agent

Samuel Ditty

Keller Williams Realty Chico Area License #02192464

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Front Yard

Home Design

  • Triplex
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • Storage
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway Level
  • Paved Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 24 / 3
  • Assessor Parcel Number 003011024000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $304
  • Gardener Expense $1,100
  • Pest Control $665
  • Professional Management Expense $1,995
  • Trash Expense $1,009
  • Water Sewer Expense $481
  • Operating Expense $5,554
  • Gross Income $53,940
  • Net Operating Income $48,386

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Inclusions: Fridge, Stove/Oven, Dishwasher, Window/Wall A/C
  • Price Per Unit: 193000
  • Professional Management Expense: 1995.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 481.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 003011024000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Laminate Counters, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 190.75
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level, On Site, Parking Space, Unassigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Water Heater
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Community, Dryer Included, Electric Dryer Hookup, Individual Room, Inside, Outside, Washer Hookup, Washer Included
  • Pest Control Expense: 665.00
  • Sewer: Public Sewer
  • Trash Expense: 1009.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 304.00
  • Gross Income: 53940.00
  • Gross Scheduled Income: 53940.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 48386.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 5554.00
  • Rent Control: No
  • Total Actual Rent: 4495.00
  • Total Expenses: 5554.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6.03
  • Tax Lot: 24

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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
03/18/2025 03/18/25 Sold $587,500 +1.5% $191 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $579,000 +50.2% $188 / Sq Ft
10/09/2015 10/09/15 Sold $385,500 +1.7% $125 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $379,000 -- $123 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25017653

California Regional Multiple Listing Service (CRMLS)

APN: 003-011-024