739 W 3rd St Chico, CA 95928
South Campus Neighborhood
3
Beds
4
Baths
3,327
Sq Ft
3,485
Sq Ft Lot
Highlights
- Private Yard
- Chico Junior High School Rated A-
- Laundry Room
About This Home
As of April 2023Location couldn't be better for this 5plex with amazing potential. Unit mix is made up of two 3 bedroom, 2 bath units, and three studio units. Current rents are extremely under market and property is in need of repairs and upgrades. This location, is 1 block south of Chico State and practically leases itself. With some rehab and repair this property could truly be an amazing investment. Other nearby and upgraded properties rent for $600-$700/bedroom. See attached financials for more details.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 3,485 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Home Design
- Property Attached
Interior Spaces
- 3,327 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Location
- Urban Location
Listing and Financial Details
- Assessor Parcel Number 004121002000
Community Details
Overview
- 5 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $2,177
- Maintenance Expense $1,000
- Professional Management Expense $4,167
- Trash Expense $1,000
- Water Sewer Expense $1,856
- New Taxes Expense $6,765
- Operating Expense $17,685
- Gross Income $4,475
- Net Operating Income $34,404
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2023 04/06/23 | Sold | $950,000 | -13.2% | $286 / Sq Ft |
| 10/06/2022 10/06/22 | For Sale | $1,095,000 | +79.5% | $329 / Sq Ft |
| 01/05/2018 01/05/18 | Sold | $610,000 | -0.8% | $183 / Sq Ft |
| 12/02/2017 12/02/17 | Pending | -- | -- | -- |
| 11/30/2017 11/30/17 | For Sale | $615,000 | -- | $185 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Chico, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN17266837
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.
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
Nearby Homes