NOT LISTED FOR SALE

2166 Shoshone Ave Chico, CA 95926

Chico Vecino Neighborhood
14 Beds
7 Baths
11,120 Sq Ft
1.5 Acres

Last Sold August 31, 2018

Last sale price $1,500,000 $135 Per Sq Ft

48 Days on Market

Highlights

  • 65,341 Sq Ft lot
  • Laundry Room
  • Landscaped
  • Chico Junior High School Rated A-
  • 14 Attached Carport Spaces
  • Central Heating and Cooling System

About This Home

As of August 2018

This complex consists of seven duplex's with 14-2 bedroom one bath units on four lots. They were just hooked up to the city sewer. All but one roof has been replaced over the past few years, rents are well below market. There are 3 buildings on Algonquin Ave and 3 buildings on Shoshone and 1 on W 12th. This sale will be contingent upon Seller being able to complete a 1031 Exchange, the Seller has his replacement property in contract.

Last Agent to Sell the Property

Bill Chance

Bill Chance Realty License #00969209 Listed on: 05/22/2018

Last Buyer's Agent

David Bronson

People's Choice Brokers License #01405631

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 1.5 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • 003592020, 003592021, 003592022

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 11,120 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 14 Parking Spaces
  • 14 Attached Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003592005000

Community Details

Overview

  • 7 Buildings
  • 14 Units

Building Details

  • 14 Leased Units
  • 17 Separate Electric Meters
  • 14 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $4,726
  • Insurance Expense $5,675
  • Pest Control $2,365
  • Trash Expense $3,322
  • Water Sewer Expense $7,089
  • New Taxes Expense $19,000
  • Operating Expense $42,177
  • Gross Income $124,318
  • Net Operating Income $66,119

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 7089.00
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 003592005000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 134.89

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 14.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Pest Control Expense: 2365.00
  • Sewer: Public Sewer
  • Trash Expense: 3322.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 003592020, 003592021, 003592022
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 65341.00

Multi Family

  • Electric Expense: 4726.00
  • Gross Income: 124318.00
  • Gross Scheduled Income: 124318.00
  • Insurance Expense: 5675.00
  • Net Operating Income: 66119.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 58199.00
  • Rent Control: No
  • Total Actual Rent: 10350.00
  • Total Expenses: 42177.00

Tax Info

  • New Taxes Expense: 19000.00
  • Tax Census Tract: 6.01

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
08/31/2018 08/31/18 Sold $1,500,000 0.0% $135 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $1,500,000 -18.9% $135 / Sq Ft
05/22/2018 05/22/18 For Sale $1,850,000 -- $166 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Chance

    Seller's Agent in 2018

    Bill Chance

    Bill Chance Realty

    (530) 343-7085

    34 Total Sales

    Bill Chance
    Section Image
  • David Bronson

    Buyer's Agent in 2018

    David Bronson

    People's Choice Brokers

    (530) 933-6825

    2 in this area

    31 Total Sales

    David Bronson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18120655

California Regional Multiple Listing Service (CRMLS)
California Butte County Chico 95926 Chico Vecino

2166 Shoshone Ave, Chico, CA

This home is located at 2166 Shoshone Ave, Chico, CA 95926 since 22 May 2018. This property was built in 1973. 2166 Shoshone Ave is a home located in Butte County with nearby schools including Citrus Avenue 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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