Excellent investment opportunity! This well maintained property offers 2 standing units that are currently rented for $900 each/per month w/ the potential of building at least 2 more units. Plenty of room as the property is 1.01 acre. Each unit is nicely layed out w/ 2BD's, 2BA's, 1,100 sq. ft. & offers an attached garage & laundry facilities. Air conditioning units were replaced in the last 5 years.
Multi-familyProperty Type
1988Year Built
1.01 acresLot Size
$271Est. Price/Sq.Ft.
2 car garageParking
Listed by Sheri Palade•DRE #01907447• Keller Williams Realty Chico Area
Bought with Susan Thomas•DRE #01049969• Century 21 Select Real Estate
Excellent investment opportunity! This well maintained property offers 2 standing units that are currently rented for $900 each/per month w/the potential of building at least 2 more units. Plenty of room as the property is 1.01 acre. Each unit is nicely layed out w/2BD's, 2BA's, 1,100 sq.ft. & offers an attached garage & laundry facilities. Air conditioning units were replaced in the last 5 years.
Excellent investment opportunity! This well maintained property offers 2 standing units that are currently rented for $900 each/per month w/the potential of building at least 2 more units. Plenty of room as the property is 1.01 acre. Each unit is nicely layed out w/2BD's, 2BA's, 1,100 sq.ft. & offers an attached garage & laundry facilities. Air conditioning units were replaced in the last 5 years.
Greater Lansing AoR #SN19018806
May 3, 2019
Sold
$350,000
$163/sq ft
May 3, 2019
Sold
$350,000
$163/sq ft
Apr 1, 2019
Pending
—
Mar 19, 2019
Price Changed
$350,000
$163/sq ft
Jan 25, 2019
Listed
$350,000
$163/sq ft
Jan 25, 2019
Listed
$429,000
$200/sq ft
Excellent investment opportunity! This well maintained property offers 2 standing units that are currently rented for $900 each/per month w/the potential of building at least 2 more units. Plenty of room as the property is 1.01 acre. Each unit is nicely layed out w/2BD's, 2BA's, 1,100 sq.ft. & offers an attached garage & laundry facilities. Air conditioning units were replaced in the last 5 years.
Public Records
Jan 23, 2015
Sold
$267,000
$124/sq ft
CRMLS #PA14112355
Dec 19, 2014
Delisted
—
Oct 7, 2014
Price Changed
$459,999
$214/sq ft
May 30, 2014
Listed
$499,995
$233/sq ft
Public Records
Aug 29, 1986
Sold
$37,500
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,882 (+1.6%)
$142,225 + $606,555
$748,780
2024
$7,760
$139,437 + $594,662
$734,099
2023
$7,757 (+1.9%)
$136,703 + $583,002
$719,705
2022
$7,611 (+2.2%)
$134,023 + $571,571
$705,594
2021
$7,448 (+95.7%)
$131,396 + $560,364
$691,760
2020
$3,806 (+51.8%)
$128,820 + $549,377
$678,197
2019
$2,507 (−38.6%)
$127,500 + $229,500
$357,000
2018
$4,083 (+2.3%)
$75,631 + $157,335
$232,966
2017
$3,990 (+4.0%)
$72,696 + $302,446
$375,142
2016
$3,836 (+27.7%)
$72,696 + $302,446
$375,142
2015
$3,003 (+1.9%)
$71,271 + $296,516
$367,787
2014
$2,948 (+1.1%)
$59,398 + $221,715
$281,113
2013
$2,915 (+1.9%)
$59,398 + $221,715
$281,113
2012
$2,859
$59,130 + $220,713
$279,843
Tax history for 1150 Pearson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,882 (+1.6%)
$142,225 + $606,555
$748,780
2024
$7,760
$139,437 + $594,662
$734,099
2023
$7,757 (+1.9%)
$136,703 + $583,002
$719,705
2022
$7,611 (+2.2%)
$134,023 + $571,571
$705,594
2021
$7,448 (+95.7%)
$131,396 + $560,364
$691,760
2020
$3,806 (+51.8%)
$128,820 + $549,377
$678,197
2019
$2,507 (−38.6%)
$127,500 + $229,500
$357,000
2018
$4,083 (+2.3%)
$75,631 + $157,335
$232,966
2017
$3,990 (+4.0%)
$72,696 + $302,446
$375,142
2016
$3,836 (+27.7%)
$72,696 + $302,446
$375,142
2015
$3,003 (+1.9%)
$71,271 + $296,516
$367,787
2014
$2,948 (+1.1%)
$59,398 + $221,715
$281,113
2013
$2,915 (+1.9%)
$59,398 + $221,715
$281,113
2012
$2,859
$59,130 + $220,713
$279,843
*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
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
1.01 Acres
Year renovated
1988
Sq. Ft.
2,152
Year built
1988
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
054182079000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
MF
Multiple-Family Residential Zone
The multiple-family residential (M-F) zone is intended for land areas that are planned or are existing multiple-family residential areas. Dependent upon the presence and application of constraints, maximum potential residential densities shall not exceed 10 dwelling units per acre and 7 dwelling units per acre within mobile home parks. The multiple-family residential zone is consistent with the multi-family residential (M-R) land use designation of the Paradise general plan.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Area, In Garage
Cooling Information
Central
Has Cooling
Room Information
Living Room, Primary Bedroom
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 10507452
Listing Key Numeric: 362018438
Actual Rent: $900
Total # of Baths: 2
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $900
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10507453
Listing Key Numeric: 362018438
Actual Rent: $900
Total # of Baths: 2
Furnished: Unfurnished
Total # of Beds: 2
Attached Garage: Yes
# of Garage Spaces: 2
Total Rent: $900
Total # of Units: 1
Expenses
Trash: $50
Total: $6,200
Insurance: $2,100
Water Sewer: $50
New Taxes: $4,000
Multi-Unit Information
# of Units With Dishwasher: 2
Net Operating Income: $15,400
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: $21,600
Gross Income: $21,600
# Of Leased Units: 2
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2
# Of Buildings: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Lot-Level/Flat, Yard
Property Information
Total # of Units: 2
Common Walls: 1 common wall
Parcel Number: 054182079000
Attached Property
Property Condition: Turnkey
Total # of Stories: 1
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $6,200
Tenant Pays: Electricity
Total Actual Rent: $1,800
Utilities
Utilities Information
Electric: Electricity - On Property
Sewer: Septic Tank, Other
Electricity Connected, Natural Gas Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Rural
Location Information
Latitude: 39.74807500
Longitude: -121.59117100
Directions: Pearson Road between S. Libby & Sawmill
Zoning: 00
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,152
Stories: —
Lot Size: 1.01 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1988
Year Renovated: 1988
County: Butte County
APN: 054182079000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Days Active in MLS: 66
Continuous Days Active in MLS: 66
Listing Agent Information
List Agent First Name: Sheri
List Agent Last Name: Palade
Listing Office Information
List Office Name: Keller Williams Realty Chico Area
Selling Agent Information
Buyer Agent First Name: Susan
Buyer Agent Last Name: Thomas
Selling Office Information
Buyer Office Name: Century 21 Select Real Estate
Around this home
Schools
Paradise Elementary School
Public K-5 • Assigned • 1.1mi
Paradise Intermediate School
Public 7-8 • Assigned • 1.2mi
5/10
Paradise Senior High School
Public 9-12 • Assigned • 1.5mi
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
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 100° expected this year, 19 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, 40 days in 30 years
Provided by First Street
Historical weather
Paradise, CA • 95969
Average low and high temperatures (°F)
60
47
59
48
68
53
69
53
80
60
88
66
90
67
92
70
88
68
77
60
61
50
55
46
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 4.9 hours in December, placing it above the
U.S. average for solar exposure.
13.4 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$554,000 – $671,000
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