NOT LISTED FOR SALE

1709 Oakdale St Chico, CA 95928

Southwest Chico Neighborhood
5 Beds
5 Baths
27,180 Sq Ft
0.4 Acres

Last Sold February 01, 2018

Last sale price $5,000,000 $184 Per Sq Ft

190 Days on Market

Highlights

  • Primary Bedroom Suite
  • 17,424 Sq Ft lot
  • Private Yard
  • Chico Junior High School Rated A-
  • Granite Countertops
  • No HOA

About This Home

As of February 2018

This property consists of 26 newly constructed units located near downtown Chico, CA. Apartments feature granite counters, wood style plank flooring, stainless appliances and washer/dryers in each. Units have kitchens equipped with range, microwave, stove and refrigerator. Property is near bus routes, and within a short distance to downtown, CSU Chico, restaurants, shopping and grocery stores.

Last Agent to Sell the Property

Ryan Vaught

Ryno Company License #01444141 Listed on: 05/15/2017

Last Buyer's Agent

Ryan Vaught

Ryno Company License #01444141 Listed on: 05/15/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 0.4 Acre Lot
  • 1 Common Wall
  • Private Yard
  • 1729 & 1709 OAKDALE STREET, 114 & 119 W. 17TH STREET

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 27,180 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room Balcony
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Assigned Parking
  • Unassigned Parking

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 005232007000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 26 Units

Building Details

  • 26 Leased Units
  • 26 Separate Electric Meters
  • 26 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $900
  • Gardener Expense $2,400
  • Insurance Expense $5,100
  • Maintenance Expense $2,600
  • Other Expense $450
  • Pest Control $2,400
  • Professional Management Expense $18,906
  • Supplies Expense $2,500
  • Trash Expense $2,652
  • Water Sewer Expense $11,040
  • New Taxes Expense $49,400
  • Operating Expense $98,348
  • Gross Income $31,510
  • Net Operating Income $272,210

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.23
  • Price Per Unit: 211538
  • Professional Management Expense: 18906.00
  • Property Attached: Yes
  • Supplies Expense: 2500.00
  • Water Sewer Expenses: 11040.00
  • Zoning: CC
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 005232007000
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Living Room Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 183.96
  • Room Type: Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Assigned, Unassigned, Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Pest Control Expense: 2400.00
  • Sewer: Public Sewer
  • Trash Expense: 2652.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 1729 & 1709 OAKDALE STREET, 114 & 119 W. 17TH STREET
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 17424.00

Multi Family

  • Average1 Bed Area: 857 Square Feet
  • Average2 Bed Area: 943 Square Feet
  • Electric Expense: 900.00
  • Gross Income: 31510.00
  • Gross Multiplier: 13.04
  • Gross Scheduled Income: 378120.00
  • Insurance Expense: 5100.00
  • Maintenance Expense: 2600.00
  • Net Operating Income: 272210.00
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 26
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 26
  • Number Of Units Total: 26
  • Number With Dishwasher: 26
  • Number With Disposal: 26
  • Number With Range: 26
  • Number With Refrigerator: 26
  • Operating Expense: 98348.00
  • Other Expense: 450.00
  • Other Expense Description: Adverts
  • Other Income1: 1100.00
  • Other Income Description: Water
  • Rent Control: No
  • Total Actual Rent: 33810.00
  • Total Expenses: 98348.00
  • Vacancy Allowance: 7562
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 49400.00
  • Tax Census Tract: 12.00

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
02/01/2018 02/01/18 Sold $5,000,000 -3.8% $184 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $5,200,000 -5.5% $191 / Sq Ft
05/15/2017 05/15/17 For Sale $5,500,000 -- $202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Vaught

    Seller's Agent in 2018

    Ryan Vaught

    Ryno Company

    (530) 343-2959

    18 Total Sales

    Ryan Vaught
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH17106805

California Regional Multiple Listing Service (CRMLS)
California Butte County Chico 95928 Southwest Chico

1709 Oakdale St, Chico, CA

This home is located at 1709 Oakdale St, Chico, CA 95928 since 15 May 2017. This property was built in 2016. 1709 Oakdale St is a home located in Butte County with nearby schools including Chapman 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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