202 W 2nd Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated payment $5,243/month
Highlights
- No HOA
- Neighborhood Views
- Ceiling Fan
- Chico Junior High School Rated A-
- Park
- Bike Trail
About This Home
Fantastic 5-unit investment opportunity! Located in a quiet, desirable neighborhood near shopping, dining, schools, and parks, and only a few blocks from Enloe Hospital. This versatile property offers strong income potential and long-term value. The building is a single-family conversion into a 5-unit complex featuring generous living spaces and a balanced unit mix. Includes a shared ground-level coin-operated laundry room, along with an excellent rental history and strong occupancy potential.
Listing Agent
Teresa E Smith, Broker Brokerage Email: roamingriverrealty@gmail.com License #01500355 Listed on: 07/21/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1895
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
Parking
- On-Street Parking
Home Design
- Apartment
- Entry on the 1st floor
- Slab Foundation
- Wood Product Walls
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,595 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Neighborhood Views
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Combination Of Heating Systems
- Vented Exhaust Fan
- Water Heater
Listing and Financial Details
- Legal Lot and Block 3,4 / 72
- Assessor Parcel Number 003063018000
- $6,903 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Bike Trail
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- Electric Expense $800
- Insurance Expense $6,000
- Professional Management Expense $3,732
- Trash Expense $2,000
- Water Sewer Expense $516
- Operating Expense $21,604
- Gross Income $93,300
- Net Operating Income $71,696
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,903 | $608,734 | $159,294 | $449,440 |
| 2025 | $6,903 | $596,799 | $156,171 | $440,628 |
| 2024 | $6,478 | $585,098 | $153,109 | $431,989 |
| 2023 | $6,401 | $573,626 | $150,107 | $423,519 |
| 2022 | $6,299 | $562,379 | $147,164 | $415,215 |
| 2021 | $6,180 | $551,353 | $144,279 | $407,074 |
| 2020 | $6,163 | $545,700 | $142,800 | $402,900 |
| 2019 | $6,051 | $535,000 | $140,000 | $395,000 |
| 2018 | $5,353 | $472,419 | $166,660 | $305,759 |
| 2017 | $4,531 | $400,000 | $130,000 | $270,000 |
| 2016 | $4,113 | $390,000 | $130,000 | $260,000 |
| 2015 | $3,600 | $336,000 | $110,000 | $226,000 |
| 2014 | $2,724 | $255,000 | $110,000 | $145,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $850,000 | +58.9% | $328 / Sq Ft | |
| 09/11/2018 09/11/18 | Sold | $535,000 | 0.0% | $163 / Sq Ft | View Prior Sale |
| 08/06/2018 08/06/18 | Pending | -- | -- | -- | |
| 06/20/2018 06/20/18 | For Sale | $535,000 | -- | $163 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $535,000 | Bidwell Title & Escrow Co | |
| Gift Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $437,500 | Fidelity Natl Title Co Of Ca | |
| Grant Deed | $389,000 | Bidwell Title & Escrow Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $175,000 | Bidwell Title & Escrow Compa | |
| Interfamily Deed Transfer | -- | Mid Valley Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | Commercial | |
| Previous Owner | $350,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $264,000 | Purchase Money Mortgage | |
| Previous Owner | $189,000 | No Value Available | |
| Previous Owner | $142,187 | Stand Alone First |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26158263
APN: 003-063-018-000
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Ask me questions while you tour the home.