NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,046,884

4 Beds
2 Baths
5,148 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2022

Last sale price $975,000 $189 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,433 / mo

36 Days on Market

Highlights

  • Park
  • Foothills
  • Bike Trail
  • Chico Junior High School Rated A-
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of December 2022

**Pre-Leasing for Summer 2021** MOVE IN SPECIAL - Spacious 4 Bedrooms - **$400 Move In Special**

These spacious 4 bedroom/2 bath apartments have an open layout with nicely upgraded laminate flooring, updated lighting and ceiling fans in every bedrooms. Central AC & Heat and dual pane windows for extra efficiency. Includes a full-size washer/dryer, dishwasher, & private front patio or backyard. Off street parking available.

Located in a quiet neighborhood at 2nd Avenue & Hobart Streets, this property is a short distance to campus and downtown.

Water and Garbage service included. Water/Sewer surcharge of $10 is assessed monthly per tenant.

***Only 1 unit left!***

Call us today to schedule an in-person tour!!!

(RLNE2717059)

Last Agent to Sell the Property

Spencer Moyer

Alive Commercial Real Estate License #01940191 Listed on: 10/10/2022

Last Buyer's Agent

Michael Moller

Moller Realty Group License #00606878

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Back Yard
  • Density is 16-20 Units/Acre

Home Design

  • 5,148 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 22 / 7
  • Assessor Parcel Number 003054001000
  • $100 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $118
  • Gardener Expense $1,800
  • Insurance Expense $2,000
  • Maintenance Expense $4,000
  • Other Expense $1,200
  • Pest Control $300
  • Professional Management Expense $5,034
  • Trash Expense $1,817
  • Water Sewer Expense $2,500
  • New Taxes Expense $12,016
  • Operating Expense $30,785
  • Gross Income $2,880
  • Net Operating Income $53,109

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 5.18
  • Professional Management Expense: 5034.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 003054001000
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 189.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Trash Expense: 1817.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Back Yard
  • Lot Size Sq Ft: 9583.20
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 118.00
  • Gross Income: 2880.00
  • Gross Operating Income: 81014.00
  • Gross Scheduled Income: 83520.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 0.2200 Acres
  • Maintenance Expense: 4000.00
  • Net Operating Income: 53109.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30785.00
  • Other Expense: 1200.00
  • Other Expense Description: Reserves
  • Other Income1: 2880.00
  • Other Income Description: Utility Reimbursement
  • Rent Control: No
  • Total Expenses: 30785.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 12016.00
  • Tax Block: 7
  • Tax Census Tract: 6.03
  • Tax Lot: 22
  • TaxOtherAnnualAssessmentAmount: 100.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chico Vecino, CA

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 Off Market $1,895 -- --
12/10/2025 12/10/25 Price Changed $1,895 0.0% $1 / Sq Ft
12/10/2025 12/10/25 For Rent $1,895 +2.4% --
09/17/2025 09/17/25 Off Market -- -- --
02/26/2025 02/26/25 Price Changed $1,850 0.0% $1 / Sq Ft
02/26/2025 02/26/25 For Rent $1,850 0.0% --
12/27/2022 12/27/22 Sold $975,000 -4.9% $189 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $1,025,000 0.0% $199 / Sq Ft
08/23/2022 08/23/22 For Rent $1,716 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,742 $1,037,877 $175,099 $862,778
2025 $11,029 $1,017,590 $171,666 $845,924
2024 $11,029 $994,500 $168,300 $826,200
2023 $10,900 $978,200 $165,000 $813,200
2022 $6,024 $537,739 $135,238 $402,501
2021 $5,911 $527,259 $132,587 $394,672
2020 $5,895 $521,886 $131,228 $390,658
2019 $5,532 $488,913 $126,947 $361,966
2018 $5,431 $479,390 $124,458 $354,932
2017 $5,322 $470,054 $122,018 $348,036
2016 $4,858 $460,901 $119,626 $341,275
2015 $4,858 $454,027 $117,830 $336,197
2014 $4,742 $445,197 $115,522 $329,675
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22219119

California Regional Multiple Listing Service (CRMLS)

APN: 003-054-001-000

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