NOT LISTED FOR SALE
6 Beds
5 Baths
2,720 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 8, 2025

Last sale price $825,000 $303 Per Sq Ft

4 Days on Market

Highlights

  • Neighborhood Views
  • Ductless Heating Or Cooling System
  • Ceiling Fan
  • Chico Junior High School Rated A-
  • Living Room
  • Carpet

About This Home

As of October 2025

The 4-Plex Investment You’ve Been Waiting For! Perfectly positioned in a prime Chico location near Downtown, CSU Chico, and a variety of local shops, restaurants, and entertainment, this property offers four well-appointed units, each designed to attract quality tenants and provide reliable income potential. Whether you’re looking to grow your real estate portfolio or secure a property that delivers both equity growth and steady rental returns, this is an opportunity you won’t want to pass up. The front building features two charming 1-bedroom, 1-bathroom units, each boasting tile flooring, nicely designed kitchens, and a layout that offers everything tenants need for comfortable daily living. These units are perfect for tenants seeking a convenient location near the heart of the city. Unit 3 offers 2 bedrooms and 2 bathrooms, ideal for tenants who appreciate extra space. Unit 4 features 2 bedrooms and 1 bathroom and has been built in the last two years with modern fixtures, stylish finishes, and an inviting kitchen that makes meal prep a pleasure. Throughout the units, you’ll find laminate floors for easy maintenance, separate indoor laundry areas, ceiling fans for year-round comfort, spacious bedrooms, and off-street parking for added convenience. With its unbeatable location, attractive interiors, and diverse unit mix, this property stands out as a smart investment with long-term potential.

Last Agent to Sell the Property

Matt Depa

Capital Rivers Commercial Inc License #01861484 Listed on: 08/13/2025

Last Buyer's Agent

Bob Contreras

Re/Max of Chico License #01094252

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Quadruplex

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Laundry in unit

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2 / 102
  • Assessor Parcel Number 004277003000

Community Details

Overview

  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,094
  • Trash Expense $920
  • Water Sewer Expense $2,307
  • New Taxes Expense $9,027
  • Operating Expense $15,348
  • Gross Income $5,465
  • Net Operating Income $52,152

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2307.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 004277003000
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 303.31
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Range
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 920.00
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 5465.00
  • Gross Scheduled Income: 67500.00
  • Insurance Expense: 3094.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 52152.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15348.00
  • Other Income1: 1920.00
  • Rent Control: Yes
  • Total Actual Rent: 5465.00
  • Total Expenses: 15348.00

Tax Info

  • New Taxes Expense: 9027.00
  • Tax Block: 102
  • Tax Census Tract: 10.00
  • Tax Lot: 2

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2025
Closed on
Oct 6, 2025
Sold by
Bought by
Seller's Agent
Matt Depa
Capital Rivers Commercial Inc
Buyer's Agent
Bob Contreras
Re/Max of Chico
List Price
$825,000
Sold Price
$825,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
0.0656%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 14, 2023
Sold by
Bought by
Seller's Agent
David Bronson
People's Choice Brokers
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$708,000
Interest Rate
0.0615%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
0.0311%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0382%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$825,000 Mid Valley Title & Escrow
$885,000 Mid Valley Title & Escrow
$645,000 Mid Valley Title
$310,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $495,000
Previous Owner $708,000
Closed $708,000
Previous Owner $483,750
Previous Owner $260,000
Source: Public Records

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 Prior Sale
10/08/2025 10/08/25 Sold $825,000 0.0% $303 / Sq Ft
08/17/2025 08/17/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $825,000 -6.8% $303 / Sq Ft
02/18/2023 02/18/23 Sold $885,000 -1.6% $305 / Sq Ft View Prior Sale
01/24/2023 01/24/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $899,000 -- $310 / Sq Ft
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
2025 $10,018 $920,653 $187,272 $733,381
2024 $10,018 $900,150 $183,600 $716,550
2023 $8,488 $757,900 $204,000 $553,900
2022 $7,260 $319,475 $154,585 $164,890
2021 $3,554 $313,211 $151,554 $161,657
2020 $3,547 $310,000 $150,000 $160,000
2019 $724 $58,954 $15,459 $43,495
2018 $710 $57,799 $15,156 $42,643
2017 $690 $56,666 $14,859 $41,807
2016 $635 $55,556 $14,568 $40,988
2015 $634 $54,723 $14,350 $40,373
2014 $625 $53,652 $14,069 $39,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25180679

California Regional Multiple Listing Service (CRMLS)
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