NOT LISTED FOR SALE

20 Fremont St Chico, CA 95928

20 Beds
10 Baths
17,380 Sq Ft
0.9 Acres

Last Sold September 01, 2021

Last sale price $2,725,000 $157 Per Sq Ft

35 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Central Heating
  • Harry M. Marsh Junior High School Rated A-
  • Landscaped

About This Home

As of September 2021

WOW! Check out this solid income-producing asset, surely to be a welcomed addition to any portfolio! 20 spacious 2 bedroom, 1 bath units with private patio space (except unit 1 which has been converted to management office space). Low maintenance landscaping, covered parking & onsite coin op laundry. Tucked away on a quiet cu-de-sac in South Chico, near restaurants and shopping.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 04/14/2021

Re/Max of Chico

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.9 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn

Home Design

  • Property Attached

Interior Spaces

  • 17,380 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 002260001000

Community Details

Overview

  • 5 Buildings
  • 20 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,900
  • Insurance Expense $6,564
  • Maintenance Expense $25,538
  • Professional Management Expense $9,432
  • Trash Expense $4,800
  • Water Sewer Expense $9,600
  • New Taxes Expense $31,900
  • Operating Expense $91,734
  • Gross Income $16,795
  • Net Operating Income $109,806

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 9432.00
  • Property Attached: Yes
  • Water Sewer Expenses: 9600.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 002260001000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 156.79

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 39204.00
  • Lot Size Acres: 0.9000

Multi Family

  • Electric Expense: 3900.00
  • Gross Income: 16795.00
  • Gross Scheduled Income: 201540.00
  • Insurance Expense: 6564.00
  • Laundry Income: 2440.00
  • Lot Size Area: 39204.0000 Square Feet
  • Maintenance Expense: 25538.00
  • Net Operating Income: 109806.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 91734.00
  • Rent Control: Yes
  • Total Expenses: 91734.00

Tax Info

  • New Taxes Expense: 31900.00
  • Tax Census Tract: 9.03
  • Tax Lot: 163

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $2,725,000 -6.0% $157 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $2,900,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steven Depa

    Seller's Agent in 2021

    Steven Depa

    RE/MAX

    (530) 520-8672

    133 Total Sales

    Steven Depa
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,078 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21077337

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

20 Fremont St, Chico, CA

Not Listed for Sale

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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.

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