1120 Hazel Street

Chico, CA 95928

$1,200,000
Price
16
Beds
8
Baths
4,160 Sq. Ft.
$288 / Sq. Ft.
4,160
Sq. Ft.
$288
per Sq. Ft.

Description

Explore this solid investment opportunity: a four-unit property with strong rental history. Each of the four units in this complex boasts a spacious floor plan with four bedrooms and two bathrooms, designed to optimize space and ensure comfortable living. Features such as central heating and air conditioning, onsite laundry facilities, and ample off-street parking make this property highly attractive to tenants. The low-maintenance landscaping and location in a sought-after neighborhood ensure steady...Explore this solid investment opportunity: a four-unit property with strong rental history. Each of the four units in this complex boasts a spacious floor plan with four bedrooms and two bathrooms, designed to optimize space and ensure comfortable living. Features such as central heating and air conditioning, onsite laundry facilities, and ample off-street parking make this property highly attractive to tenants. The low-maintenance landscaping and location in a sought-after neighborhood ensure steady rental demand and potential for growth, presenting a valuable opportunity for housing providers. Additionally, prospective buyers have the option to purchase this and the adjacent fourplex through conventional financing, further enhancing this property’s appeal as an investment. Don’t miss out on this chance to expand your portfolio! Please do not disturb tenants.
  1. Listed by Matt Depa • DRE #01861484 • Brokerage DRE #01996441 • Re/Max of Chico • 530-514-6288
  2. Listed by Steve Depa • DRE #00813533 • Brokerage DRE #01996441 • Re/Max of Chico

Property Details for 1120 Hazel Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4160
Assessor Parcel Number
005112013000

Location

Listing Courtesy of Re/Max of Chico, Matt Depa, DRE #01861484; Re/Max of Chico, Steve Depa, DRE #00813533
Add your commute
LISTING UPDATED: 04/25/2024 02:33 AM

Property Details for 1120 Hazel Street

StatusActive
MLS #SN24072255
Days on Compass18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1983
Lot Size0.19 AC / 8,276 SF
CountyButte County

Location

Listing Courtesy of Re/Max of Chico, Matt Depa, DRE #01861484; Re/Max of Chico, Steve Depa, DRE #00813533
Add your commute

Building Information for 1120 Hazel Street

Stories2Residences-Year Built1983Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$6,910 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$361

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1120 Hazel Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $6,500
  • Gross Scheduled Income: $80,040
  • Net Operating Income: $59,883
  • Other Income Description: RUBS
  • Other Income 1: $2,040
Expense Details
  • Operating Expense: $20,157
  • New Taxes Expense: $13,500
  • Fuel Expense: $0
  • Electric Expense: $347
  • Insurance Expense: $3,043
  • Trash Expense: $1,167
  • Water Sewer Expense: $2,100
  • Total Expenses: $20,157
Tax / Assessment Info
  • Tax Block: 11
  • Tax Census Tract: 12.00
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • 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: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $20,400
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $21,600
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $18,000
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $18,000
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1120 Hazel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1120 Hazel Street

Taxable ValueLand$148,523Additions$237,166Total$385,689
Tax Record2023$4,335 ($361 / month)
Home Facts
Baths2Total Finished SqFt4,160 SqFtAbove Grade Finished SqFt4,160 SqFtStories2Lot Size8,276 SqFtStyleQuadraplexYear Built1983ZoningR1CountyBUTTEAPN005-112-013-000

Schools near 1120 Hazel Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Chapman Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day School
CharterK to 8

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.

Similar Homes

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Similar Sold Homes

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1120 Hazel Street is a multi-family home for sale in Chico, CA 95928. This property was listed for sale on April 11, 2024 by Re/Max of Chico, it's currently listed at $1,200,000. It has been on the market for a total of 18 days and was last sold on August 27, 2008. This listing's school district is Chico Unified School District. Nearby schools include Chapman Elementary School, Chico Junior High School and Chico High School. 1120 Hazel Street is a 16-bed, 8-bath, 4,160 sqft multi-family home built in 1983.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Chico, Matt Depa, DRE #01861484; Re/Max of Chico, Steve Depa, DRE #00813533

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.