NOT LISTED FOR SALE

1717 Eaton Rd Unit 13-16 Chico, CA 95973

12 Beds
8 Baths
4,488 Sq Ft
9,583 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $800,000 $178 Per Sq Ft

3 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Private Yard
  • Bidwell Junior High School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of June 2022

Great opportunity for investors! Long term rental history. Located at the back of a private driveway, this fourplex offers 3 bedrooms, 2 bathes for each unit with a total of 1,122 sq feet for each, with an open floor plan of kitchen and living room area, two-story design with the bedrooms and one bathroom upstairs. Second bathroom located downstairs off the entry. Gas ranges, Formica counter tops, and oak cabinets all complete the kitchens. Laundry is located in the garage, so each unit has its own laundry area. All of the units have a single car attached garage, and designated parking spots in front. 10 total spaces in the front area. All have their own gas and electric meters. Also, each unit has a small backyard that is fully fenced. Located just around the corner from Bidwell Park, makes this location ideal for tenants that love the great outdoors!

Last Agent to Sell the Property

Teresa Larson

Parkway Real Estate Co. Listed on: 06/02/2022

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a private road
  • Two or More Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Lawn
  • Back Yard

Parking

  • 4 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,488 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 015060011000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,959
  • Other Expense $6,864
  • Professional Management Expense $14,400
  • Operating Expense $24,223
  • Gross Income $42,000
  • Net Operating Income $17,770

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Seller owned washers and dryers (except the one unit) refrigerators and blinds/curtains, (except the one unit that is tenant owned) and all oven/ranges
  • Price Per Unit: 190000
  • Professional Management Expense: 14400.00
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 015060011000
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 178.25
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lawn, Near Public Transit, Yard
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1122 Square Feet
  • Gross Income: 42000.00
  • Gross Operating Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 2959.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 17770.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 24223.00
  • Other Expense: 6864.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Actual Rent: 3640.00
  • Total Expenses: 24223.00

Tax Info

  • Tax Census Tract: 1.04
  • Tax Lot: 4

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
06/30/2022 06/30/22 Sold $800,000 +5.3% $178 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $760,000 -- $169 / 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: SN22112649

California Regional Multiple Listing Service (CRMLS)