NOT LISTED FOR SALE

398 Bidwell Place Unit 1 Chico, CA 95926

9 Beds
5 Baths
9,800 Sq Ft
0.58 Acres

Last Sold August 01, 2022

Last sale price $2,166,000 $221 Per Sq Ft

154 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Corner Lot
  • Chico Junior High School Rated A-
  • Wooded Lot
  • Granite Countertops

About This Home

As of August 2022

26 BEDROOMS / OWNER FINANCING. Located very close to campus in a park like setting with plenty of parking and washers and dryers in every unit. Property consists of two 5br 3ba units and four 4br 2ba units. Separate water meters for each unit and units are in very good condition. Security Alarm System in each unit, Security cameras in parking lot, all new stainless steel appliances, Brick BBQ, Ceiling Fans, Dishwasher, Granite counter tops and large patios.

Last Agent to Sell the Property

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 01/02/2022

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Kiersten Morgan

Crane Realty License #01808835

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2013

Lot Details

  • 0.58 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Stone Wall
  • Wrought Iron Fence
  • Fence is in excellent condition
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Wooded Lot
  • Lawn

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 9,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Paved Parking

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, water
  • Tax Lot 30
  • Assessor Parcel Number 043242052000

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $2,468
  • Gardener Expense $934
  • Insurance Expense $3,668
  • Pest Control $450
  • Professional Management Expense $4,528
  • Trash Expense $2,578
  • Water Sewer Expense $1,754
  • New Taxes Expense $27,500
  • Operating Expense $43,880
  • Gross Income $150,960
  • Net Operating Income $104,700

Property Details

Home Type

Multi-Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 5305194714
  • Price Per Unit: 366667
  • Professional Management Expense: 4528.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1754.10
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 934.00
  • Parcel Number: 043242052000
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 221.02
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, Stone, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Pest Control Expense: 450.00
  • Sewer: Public Sewer
  • Trash Expense: 2578.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Lawn, Lot 20000-39999 Sqft, Level, Near Public Transit, Sprinkler System, Sprinklers Timer, Treed Lot
  • Lot Size Sq Ft: 25265.00
  • Lot Size Acres: 0.5800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water

Multi Family

  • Electric Expense: 2468.00
  • Gross Income: 150960.00
  • Gross Operating Income: 150960.00
  • Gross Scheduled Income: 150960.00
  • Insurance Expense: 3668.00
  • Lot Size Area: 25265.0000 Square Feet
  • Net Operating Income: 104700.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 46260.10
  • Rent Control: Yes
  • Total Actual Rent: 12580.00
  • Total Expenses: 43880.10

Tax Info

  • New Taxes Expense: 27500.00
  • Tax Census Tract: 5.02
  • Tax Lot: 30

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
08/01/2022 08/01/22 Sold $2,166,000 -1.5% $221 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
01/02/2022 01/02/22 For Sale $2,200,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21270078

California Regional Multiple Listing Service (CRMLS)