EXCEPTIONAL RENTAL OPPORTUNITY! Looking for the perfect 3-unit income property? This great property is centrally located nearby to goods, services and transportation, was built in 2001 and offers one duplex (2-Townhouse Units) and one standalone single-family home. The Townhouse units are 3-Bedrooms 2-Bathrooms each with a single car garage, the single-family home is 2-Bedrooms & 2-Bathrooms with an additional bonus room with heat & Air & a large carport in the front. Each of the three units has its own private back yard area. These long-term rentals have been a great producer for the current owner, now they can be for you! This area has so much to offer close by that these units rarely offer any vacancy. Some of the many attractions nearby include CSU-Chico State University, Bidwell Park & Upper Bidwell Park, lakes, hiking, running, biking, fishing, ATV and dirt-bike riding, canoeing, kayaking and much more!
Multi-familyProperty Type
2001Year Built
10,019 sq ftLot Size
$218Est. Price/Sq.Ft.
4 car garageParking
Listed by Chari Bullock•DRE #01426229• American Homes and Land
Bought with Nonmember Nonmember•DRE #01184607• Nonmember Office
Knock-Knock-Knock-Knock! Yep, that’s 4 knocks; one knock for each opportunity presented by each front door of this STELLAR INVESTMENT PROPERTY! This fourplex of townhomes features spacious 2 bedroom, 1.5 bathroom units with private back patios, and single car garages complete with laundry hookups. Enter downstairs to a bright & open living room boasting voluminous vaulted ceilings, and dining space with breakfast bar that overlooks kitchen. Lower half bath is excellent for guests, while the upstairs offers a full bathroom and 2 bedrooms with additional storage space. North Chico residents enjoys close proximately to shopping, restaurants and Upper Bidwell Park adventures with CSU, Chico State University, Enloe Medical, and Highway 99 still easily within grasp to these awesome rentals located near the corner of Eaton Road & Lassen Avenue.
CRMLS #SN22112649
Jun 30, 2022
Sold
$800,000
$230/sq ft
Jun 5, 2022
Pending
—
Jun 2, 2022
Listed
$760,000
$218/sq ft
CRMLS #SN19245164
Jan 6, 2020
Sold
$745,000
$214/sq ft
Oct 25, 2019
Pending
—
Oct 18, 2019
Listed
$725,000
$208/sq ft
CRMLS #CH200904099
Nov 20, 2009
Listing Removed
—
May 26, 2009
Listed
$495,000
$142/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
015060010000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on May 23, 2022.
R3
AC
Medium-High Density Residential District
The R3 zoning district is applied to areas appropriate for medium-high density residential neighborhoods. Permitted densities range from a minimum of 14.1 to a maximum of 22 units per acre. Multi-family residential uses may be permitted to develop up to 30 dwelling units per acre when at least 15 Percent of the units are deed restricted housing affordable to low-income households at or below 80 Percent of Area Median Income (AMI). The R3 zoning district is primarily intended to implement the Medium-High Density Residential land use designation of the General Plan.
Zone overlays
Airport, Commercial District
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Multiple units
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park
Mar 31, 2021 • Final
Mechanical residential
Replace a 2 ton split system.
HVAC
Feb 27, 2013 • Final
Legacy building
Remove and replace composition shingles on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Inside
Cooling Information
Central
Has Cooling
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11158689
Listing Key Numeric: 368449952
Actual Rent: $1,468
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 3
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,468
Total # of Units: 2
Unit Type 2 Information
Unit Key Numeric: 11158690
Listing Key Numeric: 368449952
Actual Rent: $1,199
Total # of Baths: 2
# of Baths Full: 2
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,199
Total # of Units: 1
Expenses
Total: $6,429.80
Insurance: $2,200
Water Sewer: $1,829
Gardener: $200
Multi-Unit Information
# of Units With Refrigerator: 2
# of Units With Range: 3
Net Operating Income: $43,190
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,480
Gross Scheduled Income: $49,620
Gross Income: $45,528
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Back Yard, Cul-De-Sac, Park Nearby
Property Information
Total # of Units: 3
Common Walls: 1 common wall
Parcel Number: 015060010000
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $6,429.80
Rent Control
Tenant Pays: Electricity, Gas
Total Actual Rent: $3,794
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf Course, Hiking, Lake, Park, Watersports, Urban, Valley
Location Information
Latitude: 39.77318900
Longitude: -121.83465500
Directions: Driveway off Eaton Rd Near Lassen. take SECOND left, homes are at the end of the lane ACROSS from each other.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Butte County
APN: 015060010000
Home facts updated by county records on May 23, 2022
Other
Listing Information
Days Active in MLS: 179
Continuous Days Active in MLS: 179
Listing Agent Information
List Agent First Name: Chari
List Agent Last Name: Bullock
Listing Office Information
List Office Name: American Homes and Land
Selling Agent Information
Buyer Agent First Name: Nonmember
Buyer Agent Last Name: Nonmember
Selling Office Information
Buyer Office Name: Nonmember Office
Around this home
Schools
Mcmanus (John A.) Elementary School
Public K-5 • Assigned • 0.9mi
2/10
Bidwell Junior High School
Public 6-8 • Assigned • 1.0mi
6/10
Pleasant Valley High School
Public 9-12 • Assigned • 1.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
7% chance of being in a wildfire in next 30 years
8/10 Heat Factor
6 days above 105° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
37 unhealthy days expected this year, 39 days in 30 years
Provided by First Street
Historical weather
Chico, CA • 95973
Average low and high temperatures (°F)
60
42
60
44
69
49
72
50
82
58
90
64
92
66
95
69
89
65
78
56
62
47
54
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.4 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
13.4 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$722,000 – $874,000
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