1175 Hobart Street

Chico, CA 95926

$465,000
Last Sold Price
6
Beds
3
Baths
1,960 Sq. Ft.
$237 / Sq. Ft.
1,960
Sq. Ft.
$237
per Sq. Ft.

Description

Prime investment opportunity in a prime Chico location... Just blocks to CSUC, this two-unit classic avenues charmer offers a light and bright 2 bedroom/1 bath upstairs and a great 4 bedroom/2 bath downstairs. With a fantastic rental history, and tons of pride-of-ownership, this is one that will provide you with steady cash flow today and long-term appreciation for the future as well. Could also be perfect for an owner-occupant that would like to supplement their income/offset their mortgage with...Prime investment opportunity in a prime Chico location... Just blocks to CSUC, this two-unit classic avenues charmer offers a light and bright 2 bedroom/1 bath upstairs and a great 4 bedroom/2 bath downstairs. With a fantastic rental history, and tons of pride-of-ownership, this is one that will provide you with steady cash flow today and long-term appreciation for the future as well. Could also be perfect for an owner-occupant that would like to supplement their income/offset their mortgage with the rent from additional unit... In addition to the existing duplex the property also offers a great covered carport/storage area and HUGE backyard with alley access as well.
  1. Listed by Dan Bosch • DRE #01236305 • Brokerage DRE #01996441 • Re/Max of Chico

Property Details for 1175 Hobart Street

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1960
Assessor Parcel Number
003053006000
Property Attached YN
true

Location

Listing Courtesy of Re/Max of Chico, Dan Bosch, DRE #01236305

Sold By Keller Williams Realty Chico Area, Becky Johns, DRE #01496335

Add your commute
LISTING UPDATED: 09/07/2022 09:06 AM

Property Details for 1175 Hobart Street

StatusClosed
MLS #SN22070064
Days on Compass96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.22 AC / 9,583 SF
CountyButte County

Location

Listing Courtesy of Re/Max of Chico, Dan Bosch, DRE #01236305

Sold By Keller Williams Realty Chico Area, Becky Johns, DRE #01496335

Add your commute

Building Information for 1175 Hobart Street

Stories-Residences-Year Built1922Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$2,970 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,538

Property Taxes

$432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1175 Hobart Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $36,000
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 8
  • Tax Census Tract: 6.03
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Storm Drains
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • 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: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1300
  • 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: $1,800
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 1175 Hobart 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 1175 Hobart Street

Taxable ValueLand$165,000Additions$300,000Total$465,000
Tax Record2023$5,182 ($432 / month)
Home Facts
Baths2Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtStories2Lot Size9,583 SqFtStyleDuplexYear Built1922ZoningR3CountyBUTTEAPN003-053-006-000

Schools near 1175 Hobart 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 - 9 to 12
Rating
School
Distance
Citrus Avenue Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Inspire School of Arts and Sciences
Charter9 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.

Similar Homes

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Similar Sold Homes

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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 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, Dan Bosch, DRE #01236305

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.