Seller's Agent in 2023
Debbie Maderos
Parkway Real Estate Co.
(530) 570-8052
3 in this area
43 Total Sales
328 W 4th Ave Chico, CA 95926
Chico Vecino Neighborhood
--
Bed
10
Baths
3,359
Sq Ft
8,712
Sq Ft Lot Lot
Highlights
- No HOA
- Neighborhood Views
- Recessed Lighting
- Chico Junior High School Rated A-
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of December 2023Rare opportunity to purchase a conforming 10-plex of studio units. Seller has owned and personally managed/maintained for the last 35 years. 12 paved off street parking spots, behind the building w/alley access. Convenient location in the Avenues, near Enloe Hospital and Citrus Elementary School. Fully leased with month to month leases. Tenants have been there from 6 months to 10 years, so current rents are on the low side. Energy retrofit inspection has been done and certificate will be provided. On site coin operated laundry (leased machines).
Last Agent to Sell the Property
Parkway Real Estate Co. License #01097412 Listed on: 11/01/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
- Drip System Landscaping
- Front Yard Sprinklers
Home Design
- Property Attached
- Cosmetic Repairs Needed
- Composition Roof
- Stucco
Interior Spaces
- 10 Bathrooms
- 3,359 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Neighborhood Views
- Laundry Room
Kitchen
- Electric Range
- Formica Countertops
- Disposal
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Parking Available
- Driveway
- Off-Street Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Combination Of Heating Systems
- Central Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, telephone
- Legal Lot and Block 10 / 118
- Assessor Parcel Number 003013046000
Community Details
Overview
- No Home Owners Association
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $2,747
- Insurance Expense $6,842
- Other Expense $6,524
- Pest Control $854
- Trash Expense $1,434
- New Taxes Expense $11,875
- Operating Expense $40,724
- Gross Income $93,960
- Net Operating Income $53,236
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2023 12/19/23 | Sold | $950,000 | 0.0% | $283 / Sq Ft |
| 11/04/2023 11/04/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $950,000 | -- | $283 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $10,528 | $968,900 | $193,800 | $775,100 |
| 2024 | $10,528 | $945,000 | $190,000 | $755,000 |
| 2023 | $4,121 | $366,244 | $82,777 | $283,467 |
| 2022 | $4,051 | $359,103 | $81,154 | $277,949 |
| 2021 | $3,976 | $352,102 | $79,563 | $272,539 |
| 2020 | $3,965 | $348,513 | $78,748 | $269,765 |
| 2019 | $3,895 | $341,719 | $77,204 | $264,515 |
| 2018 | $3,824 | $335,059 | $75,691 | $259,368 |
| 2017 | $3,744 | $328,529 | $74,207 | $254,322 |
| 2016 | $3,420 | $322,127 | $72,752 | $249,375 |
| 2015 | $3,420 | $317,320 | $71,660 | $245,660 |
| 2014 | $3,339 | $311,145 | $70,257 | $240,888 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Maderos
-
Matt Depa
Buyer's Agent in 2023
Matt Depa
Capital Rivers Commercial Inc
(530) 514-6288
4 in this area
41 Total Sales
-
Steven Depa
Buyer Co-Listing Agent in 2023
Steven Depa
RE/MAX
(530) 520-8672
21 in this area
119 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN23201814
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.
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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