NOT LISTED FOR SALE

720 W 2nd Ave Unit CH13079275 Chico, CA 95926

Chico Vecino Neighborhood
31 Beds
16 Baths
11,500 Sq Ft
0.52 Acre Lot

Sale Details

Date Sold: July 19, 2013

Last sale price $920,000 $80 Per Sq Ft

69 Days on Market

About This Home

As of July 2013

OWNER FINANCING!! 7 UNITS WITH FULL SIZE WASHER AND DRYER. INCLUDES SEPARATE GARAGE AND OFFICE SPACE FOR ONSITE OFFICE. THREE FIVE BEDROOM UNITS AND FOUR 4BR /2BA UNITS FOR A TOTAL INCOME OF $8900.00/MONTH. SEPARATE ELECTRIC,GAS AND WATER METERS. THESE ARE VERY WELL BUILT, WELL MAINTAINED UNITS IN AN AREA CLOSE TO CAMPUS. SHOWN BY APPOINTMENT ONLY. DO NOT BOTHER TENANTS!!

Last Agent to Sell the Property

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 04/30/2013

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Jim Aguilar

Century 21 Select Real Estate, Inc. License #01862725 Listed on: 04/30/2013

Century 21 Select Real Estate, Inc.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 22,651 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 11,500 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 31 Bedrooms
  • 16 Bathrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 043150025000

Community Details

Overview

  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 7 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $688
  • Insurance Expense $1
  • Maintenance Expense $3,895
  • Professional Management Expense $1
  • Trash Expense $1,260
  • Water Sewer Expense $578
  • New Taxes Expense $1
  • Gross Income $9,595
  • Net Operating Income $74,841

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0.52 Acres

Parking

1

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • Water Sewer Expenses: 578.00
  • Property Type: Residential Income
  • Parcel Number: 043150025000
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 80.00

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 1260.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Rental Info

  • Tenant Pays: Water

Multi Family

  • Electric Expense: 688.00
  • Gross Income: 9595.00
  • Gross Scheduled Income: 115140.00
  • Insurance Expense: 1.00
  • Lot Size Area: 22651.0000 Square Feet
  • Maintenance Expense: 3895.00
  • Net Operating Income: 74841.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Carpet: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 40299.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 9595.00

Tax Info

  • New Taxes Expense: 1.00
  • Taxes Percent: 1.00
  • Tax Year: 2012

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
07/19/2013 07/19/13 Sold $920,000 -5.2% $80 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $970,000 -- $84 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH13079275

California Regional Multiple Listing Service (CRMLS)
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