1149 W 3rd St

Chico, CA 95928

$1,220,000
Last Sold Price
13
Beds
8
Baths
4,284 Sq. Ft.
$285 / Sq. Ft.
4,284
Sq. Ft.
$285
per Sq. Ft.
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Closed 12/18/24
Closed 12/18/24
front view of a house with a yard

Description

1149 W 3rd St in Chico, CA, is part of a prime investment package being sold alongside the adjoining duplex at 333 Oak St. Ideally located near CSU Chico and other amenities, this property offers a vibrant, walkable, and bike-friendly environment. The triplex at 1149 W 3rd St offers three spacious 3-bedroom, 2-bath units, each equipped with a washer and dryer and off-street parking. The duplex at 333 Oak St features two 2-bedroom, 1-bath units, also with in-unit laundry and off-street parking. Both...1149 W 3rd St in Chico, CA, is part of a prime investment package being sold alongside the adjoining duplex at 333 Oak St. Ideally located near CSU Chico and other amenities, this property offers a vibrant, walkable, and bike-friendly environment. The triplex at 1149 W 3rd St offers three spacious 3-bedroom, 2-bath units, each equipped with a washer and dryer and off-street parking. The duplex at 333 Oak St features two 2-bedroom, 1-bath units, also with in-unit laundry and off-street parking. Both properties were built in 2007 and have been professionally managed and are exceptionally well-maintained. Some of the features of these units include central heat & air, recessed lighting, luxury vinyl and tile flooring in the living spaces and bathrooms, gas ranges, dishwashers, crown molding, and ceiling fans. This package presents an excellent opportunity to own multiple income-generating properties that are fully leased at market rental rates.
  1. Listed by Shane Collins • DRE #01738682 • Brokerage DRE #01996441 • Re/Max of Chico • 530-896-9300

Property Details for 1149 West 3rd Street

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Air
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4284
LISTING UPDATED: 12/20/2024 08:29 AM

Property Details for 1149 West 3rd Street

StatusClosed
MLS #SN24174900
Days on Compass60
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2007
CountyButte County
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Location

Listing Courtesy of Re/Max of Chico, Shane Collins, DRE #01738682

Sold By Re/Max of Chico, Joan Heckerson, DRE #01219323

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Building Information for 1149 West 3rd Street

Building/Complex1149 W 3rd StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built2007Building Size-

Payment Calculator

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$6,844 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,079

Property Taxes

$765

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1149 West 3rd Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $104,400
  • Gross Scheduled Income: $102,840
  • Net Operating Income: $79,987
  • Financing: Conventional
Expense Details
  • Operating Expense: $22,853
  • Gardener Expense: $3,250
  • Pest Control Expense: $455
  • Insurance Expense: $2,400
  • Professional Management Expense: $6,928
  • Trash Expense: $4,198
  • Water Sewer Expense: $5,624
  • Total Expenses: $22,853
Tax / Assessment Info
  • Tax Block: 124
  • Tax Census Tract: 11.00
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Range Hood, Refrigerator, Water Heater
  • Equipment: Dishwasher, Dryer, Dryer Included, Garage, Refrigerator, Washer, Washer Hookup, Washer Included
  • Interior Features: Ceiling Fan(s)
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring Type: Carpet, Laminate, Tile, Vinyl
  • Flooring: Carpet, Laminate, Tile, Vinyl
Exterior Features
  • Window Features: Blinds, Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Additional Parcels Description: 004-111-014-000
  • Lot Features: Corner Lot, Landscaped, Level, Paved
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,895
  • Unit Type Total Rent: $1,895
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,375
  • Unit Type Total Rent: $1,375
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 3
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Number Wall AC: 0

Property History for 1149 West 3rd Street

DateEvent & SourcePriceAppreciation
Dec 18, 2024

Sold

SDMLS #SN24174900

$1,220,000—
Dec 18, 2024

Sold

CLAW #SN24174900MR

$1,220,000—
Dec 18, 2024

Sold

CRMLS #SN24174900

$1,220,000—
DateEvent & SourcePrice
12/18/2024

Sold

SDMLS #SN24174900

$1,220,000
12/18/2024

Sold

CLAW #SN24174900MR

$1,220,000
12/18/2024

Sold

CRMLS #SN24174900

$1,220,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1149 West 3rd Street

Taxable ValueLand$180,000Additions$615,000Total$795,000
Tax Record2025$9,176 ($765 / month)
Home Facts
Baths2Total Finished SqFt3,413 SqFtAbove Grade Finished SqFt3,413 SqFtStories2Lot Size5,227 SqFtStyleTriplexYear Built2007ZoningR3CountyBUTTEAPN004-111-013-000

Schools near 1149 West 3rd Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Emma Wilson Elementary School
Public - K to 5
Chico Junior High School
Public - 6 to 8
Chico High School
Public - 9 to 12
Oak Bridge Academy
Public - K to 12
Rating
School
Distance
Emma Wilson Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Oak Bridge Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Chico, Shane Collins, DRE #01738682

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.