638 West 1st Avenue

Chico, CA 95926

$359,000
Price
3
Beds
2
Baths
1,150 Sq. Ft.
$312 / Sq. Ft.
1,150
Sq. Ft.
$312
per Sq. Ft.

Description

Two units on one lot within a very short distance to Chico State. Excellent opportunity to acquire an affordable, turn-key multi-unit property in Chico! It would make a fantastic parent/student investment. Live in one, rent the other! The front home is a charming 2 bedroom, 1 bath with the requisite white picket fence and adorable covered front porch. Move in and market ready with dual pane windows, spacious eat-in kitchen, tile flooring, and tons of updates. The permitted, detached studio in the...Two units on one lot within a very short distance to Chico State. Excellent opportunity to acquire an affordable, turn-key multi-unit property in Chico! It would make a fantastic parent/student investment. Live in one, rent the other! The front home is a charming 2 bedroom, 1 bath with the requisite white picket fence and adorable covered front porch. Move in and market ready with dual pane windows, spacious eat-in kitchen, tile flooring, and tons of updates. The permitted, detached studio in the rear has a ton of character and offers privacy. The shared rear yard is fully fenced and low maintenance. The main house is vacant, which allows the opportunity to set the rent at the current market rate. Plenty of off-street parking!
  1. Listed by Sandi Bauman • DRE #01460929 • Brokerage DRE #01932995 • Chico Homes • 530-864-5407

Property Details for 638 West 1st Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1150
Assessor Parcel Number
043170023000

Location

Listing Courtesy of Chico Homes, Sandi Bauman, DRE #01460929
Add your commute
LISTING UPDATED: 05/04/2024 10:09 AM

Property Details for 638 West 1st Avenue

StatusActive
MLS #SN24080116
Days on Compass12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.14 AC / 6,098 SF
CountyButte County

Location

Listing Courtesy of Chico Homes, Sandi Bauman, DRE #01460929
Add your commute

Building Information for 638 West 1st Avenue

Stories1Residences-Year Built1927Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,116 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,959

Property Taxes

$157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 638 West 1st Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $24,444
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Census Tract: 6.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 71
Community / Development
Community / Development
  • Community Features: Biking, Urban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Kitchen, Laundry
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Other Structures: Two On A Lot
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Gravel
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: $1,275
  • Unit Type Total Rent: $1,275
  • Unit Type Pro Forma: 1275
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $762
  • Unit Type Total Rent: $762
  • Unit Type Pro Forma: 762
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Property History for 638 West 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 638 West 1st Avenue

Taxable ValueLand$111,929Additions$54,195Total$166,124
Tax Record2023$1,880 ($157 / month)
Home Facts
Baths1Total Finished SqFt1,071 SqFtAbove Grade Finished SqFt1,071 SqFtStories1Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1927ZoningR3CountyBUTTEAPN043-170-023-000

Schools near 638 West 1st Avenue

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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638 West 1st Avenue is a multi-family home for sale in Chico, CA 95926. This property was listed for sale on April 22, 2024 by Chico Homes, it's currently listed at $359,000. It has been on the market for a total of 12 days and was last sold on January 28, 2014. This listing's school district is Chico Unified School District. Nearby schools include Citrus Avenue Elementary School, Chico Junior High School and Chico High School. 638 West 1st Avenue is a 3-bed, 2-bath, 1,150 sqft multi-family home built in 1927.

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 Chico Homes, Sandi Bauman, DRE #01460929

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.