NOT LISTED FOR SALE

381 1/2 E 5th Ave Chico, CA 95926

Chico Vecino Neighborhood
5 Beds
3 Baths
2,024 Sq Ft
1948 Built

Last Sold March 29, 2018

Last sale price $325,000 $161 Per Sq Ft

14 Days on Market

Highlights

  • Property is near public transit
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Chico Junior High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of March 2018

OPPORTUNITY! OPPORTUNITY! OPPORTUNITY! Triplex with excellent East Avenue location on all city services, private and tucked in off the street, and close to CSUC, Enloe Hospital, and downtown. The triplex consists of two 2bd/1 ba units and a 1 bd/1 ba cottage. The two 2 bedroom/1 bath units have indoor laundry, walk-in closets, and private fenced patio-size backyards. Desirable location close to everything. Property is being sold as is and is priced accordingly. Cash offers and/or private financing. Possibility of partial seller financing. Photos are of units #1 an#3 only. Unit #2 is more updated than #3 and same floorpan. Unit #2 is now vacant and ready for new owner to live in and rent out the rest, or to rent out at a new/higher rent (log-term tenant just vacated so rent was low).
Square footage 0f 2024 s.f. taken from appraisal. County records state 1772 s.f. Buyer to investigate/verify to their satisfaction.
Past inspections reports (Stone Ridge Termite & Pest 4/13/17 and Baird Roofing 5/18/16) in Supplemental Docs.

Last Agent to Sell the Property

Annie Foster

Willow & Birch Realty, Inc License #01165500 Listed on: 01/08/2018

Last Buyer's Agent

Barbi Boeger

Century 21 Select Real Estate, Inc. License #01989305

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Level Lot
  • Lawn
  • Back and Front Yard

Parking

  • 6 Parking Spaces

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 003441009000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $729
  • Trash Expense $617
  • Water Sewer Expense $1,402
  • New Taxes Expense $3,516
  • Operating Expense $6,264
  • Gross Income $28,680
  • Net Operating Income $22,416

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1402.00
  • Property Type: Residential Income
  • Parcel Number: 003441009000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: 2+ Access Exits, Entry Slope Less Than 1 Foot, No Interior Steps, Parking
  • Levels: One
  • Price Per Square Foot: 160.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 617.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level, Near Public Transit
  • Lot Size Sq Ft: 7840.80

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 28680.00
  • Gross Scheduled Income: 28680.00
  • Insurance Expense: 729.00
  • Net Operating Income: 22416.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 6264.00
  • Rent Control: No
  • Total Actual Rent: 2390.00
  • Total Expenses: 6264.00

Tax Info

  • New Taxes Expense: 3516.00

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
03/29/2018 03/29/18 Sold $325,000 -1.2% $161 / Sq Ft
03/02/2018 03/02/18 Price Changed $329,000 -2.9% $163 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $339,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Annie Foster

    Willow & Birch Realty, Inc

    (530) 521-3362

    9 Total Sales

    Annie Foster
    Section Image
  • Barbi Boeger

    Buyer's Agent in 2018

    Barbi Boeger

    Century 21 Select Real Estate, Inc.

    (530) 228-7838

    3 in this area

    38 Total Sales

    Barbi Boeger
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18002356

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

381 1/2 E 5th Ave, Chico, CA

This home is located at 381 1/2 E 5th Ave, Chico, CA 95926 since 08 January 2018. This property was built in 1948. 381 1/2 E 5th 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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