NOT LISTED FOR SALE

540 W 4th Ave Chico, CA 95926

Chico Vecino Neighborhood
4 Beds
3 Baths
2,099 Sq Ft
7,841 Sq Ft Lot

Last Sold March 30, 2015

Last sale price $320,000 $152 Per Sq Ft

70 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Accessible Parking
  • Chico Junior High School Rated A-
  • Laundry Room
  • Customized Wheelchair Accessible

About This Home

As of March 2015

INCOME PROPERTY CLOSE TO CSUC AND DOWNTOWN CHICO! CHARMING 2 BEDROOM HOUSE WITH BUILT-INS, SPACIOUS LIVING ROOM AND "FULL BASEMENT", PLUS A DETACHED DUPLEX WITH 1 BEDROOM, 1 BATH EACH UNITS WITH OPEN FLOOR PLANS, TILE KITCHEN COUNTERS, INDIVIDUAL LAUNDRY HOOK-UPS. PLUS DESIGNATED ALLEY PARKING. TOTAL RENTS ARE $2450 MONTH FOR AN ANNUAL INCOME OF $29,400!!

Last Agent to Sell the Property

Bob Contreras

Re/Max of Chico License #01094252 Listed on: 12/10/2014

Re/Max of Chico

Co-Listed By

Marty Luger

Re/Max of Chico License #00889146

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51 x 149
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Contemporary Architecture
  • Bungalow
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,099 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Neighborhood Views
  • Gas Range
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessible Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 20
  • Assessor Parcel Number 003011020000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,320
  • Insurance Expense $1,200
  • Pest Control $378
  • Professional Management Expense $2,952
  • Trash Expense $968
  • Water Sewer Expense $3,120
  • New Taxes Expense $4,375
  • Gross Income $2,450
  • Net Operating Income $15,087

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Professional Management Expense: 2952.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3120.00
  • Zoning: R-3
  • Architectural Style: Bungalow, Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 003011020000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Pantry, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking, Customized Wheelchair Accessible
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 152.45
  • Room Type: Basement

Exterior Features

  • Foundation: Slab, Raised
  • View: Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Unassigned, Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Gas Range, Water Heater
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Washer Hookup
  • Pest Control Expense: 378.00
  • Trash Expense: 968.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size: 51 X 149
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 15087.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 14313.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Lot: 20
  • Tax Year: 2014

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2015 03/30/15 Sold $320,000 -8.6% $152 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $350,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bob Contreras

    Seller's Agent in 2015

    Bob Contreras

    RE/MAX

    1 in this area

    38 Total Sales

    Bob Contreras
    Section Image
  • Marty Luger

    Seller Co-Listing Agent in 2015

    Marty Luger

    RE/MAX

    (530) 896-9300

    1 in this area

    6 Total Sales

    Marty Luger
    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,208 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14260927

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

540 W 4th Ave, Chico, CA

Not Listed for Sale

MultiFamily

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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.

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