NOT LISTED FOR SALE

701 W 4th Ave Chico, CA 95926

Chico Vecino Neighborhood
12 Beds
6 Baths
29,401 Sq Ft
1.55 Acres

Last Sold November 26, 2013

Last sale price $2,440,000 $83 Per Sq Ft

73 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Multi-Level Bedroom
  • Chico Junior High School Rated A-
  • 1.55 Acre Lot
  • Contemporary Architecture

About This Home

As of November 2013

Owner will carry!! 647 and 701 W. 4th Avenue. 20 units on two lots, 16 units on one and 4 units on the other. Leased up until August 2014 next year. There are 15 four bedroom two baths and one three bedroom two bath on the property at 701 W. 4th Ave and 3 five bedroom 2 bath and one 4 bedroom 2 bath on the parcel at 647 W. 4th Ave. There are 82 bedrooms in the 20 unit complex.

Last Agent to Sell the Property

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 10/07/2013

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Peter Brooks

Coldwell Banker Select Real Estate License #01058113

Coldwell Banker Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 1.55 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Fence is in good condition
  • Density is 16-20 Units/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 29,401 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Carpet
  • Gas Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • Multi-Level Bedroom
  • 6 Bathrooms

Home Security

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

Parking

  • 68 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 043150049000

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 20 Units

Building Details

  • 20 Leased Units
  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 21 Separate Water Meters
  • Electric Expense $2,500
  • Insurance Expense $7,000
  • Maintenance Expense $5,700
  • Professional Management Expense $9,800
  • Trash Expense $3,700
  • Water Sewer Expense $1,200
  • New Taxes Expense $22,000
  • Gross Income $22,945
  • Net Operating Income $165,204

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 9800.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Closed Circuit Camera(s), Smoke Detector(s), Security System
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 043150049000
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 82.99
  • Room Type: Living Room, Main Floor Bedroom, Multi-Level Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Fencing: Good Condition
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 68.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 3700.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 67517.00
  • Lot Size Acres: 1.5500

Rental Info

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

Multi Family

  • Electric Expense: 2500.00
  • Gross Income: 22945.00
  • Gross Scheduled Income: 275340.00
  • Insurance Expense: 7000.00
  • Lot Size Area: 67517.0000 Square Feet
  • Maintenance Expense: 5700.00
  • Net Operating Income: 165204.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 21
  • Number Of Units Leased: 20
  • Number Of Units Total: 20
  • Operating Expense: 110136.00
  • Rent Control: No
  • Total Actual Rent: 22945.00

Tax Info

  • New Taxes Expense: 22000.00
  • Taxes Percent: 1.25
  • Tax Year: 2012

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
11/26/2013 11/26/13 Sold $2,440,000 -2.4% $83 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $2,500,000 -- $85 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jim Aguilar

    Century 21 Select Real Estate, Inc.

    Section Image

  • P

    Buyer's Agent in 2013

    Peter Brooks

    Coldwell Banker Select Real Estate

    (530) 896-3114

    Peter Brooks
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13183670

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

701 W 4th Ave, Chico, CA

This home is located at 701 W 4th Ave, Chico, CA 95926 since 07 October 2013. This property was built in 1991. 701 W 4th 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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