INVESTMENT OPPORTUNITY! If you’ve ever dreamt about owning a solid income producing asset on CSU, Chico’s doorstep— here is your opportunity to own four rental units! This property features (3) 2 bedroom/1 bath units, with an additional 1 bedroom/1 bath unit; each with their own unique charm, updated kitchens & baths, and in unit laundry. Alley offers ample off-street parking, and the proximity to campus, WREC center & all our beautiful downtown has to offer couldn’t be better. TENANT OCCUPIED & LEASED until May 2023. PLEASE DO NOT DISTURB TENANTS.
Multi-familyProperty Type
1905Year Built
7,405 sq ftLot Size
$346Est. Price/Sq.Ft.
Listed by Steve Depa•DRE #00813533• Re/Max of Chico
Bought with Steve Depa•DRE #00813533• Re/Max of Chico
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
1905
Sq. Ft.
2,610
Year built
1905
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
004021007000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R3
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.
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
Jan 11, 2016 • Final
Legacy building
Upgrade the electrical service panels to two hundred amps and four meters.
Electrical
Electric meter
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
Interior
Laundry Information
Has Laundry
Inside
Cooling Information
Wall Window
Has Cooling
Heating Information
Wall Heater
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11352542
Listing Key Numeric: 369458307
Actual Rent: $1,460
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $17,520
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11352543
Listing Key Numeric: 369458307
Actual Rent: $1,430
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $17,160
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 369458307
Unit Key Numeric: 11352544
Actual Rent: $990
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $11,880
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 369458307
Unit Key Numeric: 11352545
Actual Rent: $1,400
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $16,800
Total # of Units: 1
Expenses
Trash: $644
Total: $12,836
Insurance: $1,586
Water Sewer: $1,702
New Taxes: $8,904
Multi-Unit Information
Net Operating Income: $50,524
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: 2,150
Gross Scheduled Income: $63,360
Gross Income: $5,280
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 004021007000
Attached Property
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $12,836
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 39.72702300
Longitude: -121.84871700
Directions: W 1st St to Rio Chico
Zoning: R3
Public facts
Beds: 7
Baths: 4.0
Sq. Ft.: 2,610
Stories: 2.0
Lot Size: 7,405 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1905
Year Renovated: 1905
County: Butte County
APN: 004021007000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Days Active in MLS: 9
Continuous Days Active in MLS: 9
Listing Agent Information
List Agent First Name: Steve
List Agent Last Name: Depa
Listing Office Information
List Office Name: Re/Max of Chico
Selling Agent Information
Buyer Agent First Name: Steve
Buyer Agent Last Name: Depa
Selling Office Information
Buyer Office Name: Re/Max of Chico
Around this home
Schools
Citrus Avenue Elementary School
Public K-5 • Assigned • 0.8mi
6/10
Chico Junior High School
Public 6-8 • Assigned • 0.7mi
7/10
Chico High School
Public 9-12 • Assigned • 0.6mi
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
5% chance of being in a wildfire in next 30 years
8/10 Heat Factor
6 days above 105° expected this year, 14 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, 41 days in 30 years
Provided by First Street
Historical weather
Chico, CA • 95928
Average low and high temperatures (°F)
61
39
62
42
73
48
75
48
84
57
92
62
94
63
96
64
91
61
80
53
63
45
54
43
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
$708,000 – $857,000
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