NOT LISTED FOR SALE

818 W 1st St Chico, CA 95928

10 Beds
4 Baths
3,379 Sq Ft
7,405 Sq Ft Lot

Last Sold March 29, 2022

Last sale price $895,000 $265 Per Sq Ft

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Front Yard
  • Chico Junior High School Rated A-
  • Wall Furnace

About This Home

As of March 2022

Clank! Tap! Clack! That’s the sound of a college rental so close to the Chico State WREC center, you could literally throw a stone and hit it! Don’t miss this awesome opportunity to invest in this dual dwelling property with solid rental history. The front house is 4 bedroom, 2 bath with an additional 6 bedroom, 2 bath home accessed via the alley in back. Both homes offer in unit laundry, off site parking and private low maintenance yards. Located near the heart of the Chico State campus-- easily walk or bike to school, restaurants and all that downtown Chico has to offer. PROPERTY IS TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/19/2022

Re/Max of Chico

Last Buyer's Agent

Steven Depa

Re/Max of Chico License #00813533 Listed on: 01/19/2022

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 3,379 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 004021014000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,800
  • New Taxes Expense $10,069
  • Operating Expense $13,869
  • Gross Income $6,800
  • Net Operating Income $67,731

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Price Per Unit: 447500
  • Property Attached: No
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 004021014000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 264.87

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: 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: Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 6800.00
  • Gross Scheduled Income: 81600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 67731.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13869.00
  • Rent Control: Yes
  • Total Expenses: 13869.00

Tax Info

  • New Taxes Expense: 10069.00
  • Tax Census Tract: 10.00
  • Tax Lot: 10

Range of Values:

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List Price
Sold Price
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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
03/29/2022 03/29/22 Sold $895,000 0.0% $265 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $895,000 -- $265 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22005927

California Regional Multiple Listing Service (CRMLS)