NOT LISTED FOR SALE

3 Berkeley Ln Chico, CA 95926

8 Beds
8 Baths
3,082 Sq Ft
0.26 Acres

Last Sold September 28, 2023

Last sale price $850,000 $276 Per Sq Ft

8 Days on Market

Highlights

  • No Units Above
  • Midcentury Modern Architecture
  • No HOA
  • Neal Dow Elementary School Rated A-
  • Property is near a park
  • Cul-De-Sac

About This Home

As of September 2023

This investment opportunity includes 2 duplexes on 2 parcels that have never been offered for sale before! These mid century modern units have been well maintained and the roofs/gutters have been recently replaced. You can't beat this location which is close to the park, shopping and schools! Each unit is a 2 bedroom, 2 bath and comes with an attached 2 car garage. All units are rented with long term tenants!. The only shared wall is the garage so all tenants have the privacy of a single family residence. Don't miss out on this great investment opportunity, schedule your tour today!

Last Agent to Sell the Property

Jessica Henman

Bill Chance Realty License #01920472 Listed on: 08/04/2023

Co-Listed By

Bill Chance

Bill Chance Realty License #00969209

Last Buyer's Agent

Lora Trenner

Re/Max Home and Investment License #01959391

Re/Max Home and Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • 003491043000

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Midcentury Modern Architecture

Interior Spaces

  • 3,082 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near a park
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 003491044000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $4,000
  • Water Sewer Expense $2,400
  • Operating Expense $6,400
  • Gross Income $49,812
  • Net Operating Income $39,512

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 218250
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: R2
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 003491044000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 275.79
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • 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: 003491043000
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Park Nearby
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Gross Income: 49812.00
  • Gross Scheduled Income: 49812.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 39512.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 10300.00
  • Rent Control: No
  • Total Expenses: 6400.00

Tax Info

  • Tax Census Tract: 7.00

Range of Values:

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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 Change Sq Ft Price
09/28/2023 09/28/23 Sold $850,000 -2.6% $276 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $873,000 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Henman

    Bill Chance Realty

    (530) 520-3109

    25 Total Sales

    Jessica Henman
    Section Image
  • Bill Chance

    Seller Co-Listing Agent in 2023

    Bill Chance

    Bill Chance Realty

    (530) 343-7085

    36 Total Sales

    Bill Chance
    Section Image
  • Lora Trenner

    Buyer's Agent in 2023

    Lora Trenner

    RE/MAX

    (530) 228-9356

    128 Total Sales

    Lora Trenner
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN23142774

California Regional Multiple Listing Service (CRMLS)

California Butte County Chico 95926

3 Berkeley Ln, Chico, CA

This home is located at 3 Berkeley Ln, Chico, CA 95926 since 04 August 2023. This property was built in 1969. 3 Berkeley Ln is a home located in Butte County with nearby schools including Neal Dow Elementary School, Chico Junior High School, and Chico High School.

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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.

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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