728 West 1st Avenue

Chico, CA 95926

$1,400,000
Last Sold Price
3
Beds
10
Baths
5,748 Sq. Ft.
$244 / Sq. Ft.
5,748
Sq. Ft.
$244
per Sq. Ft.

Description

Owner will carry with approximately $400,000 down @ 4-5% interest. Very recent remodel on all 10 units. Property consists of two bedroom one bath units, one studio and a one bedroom one bath unit. Property is located very close to the university and shopping. All of the units sit all the way to the rear of the property. Very large lot with the potential to split the lot and add seven 3 bedroom units. All of the units have had a major remodel with granite counter tops, new cabinets and plank flooring....Owner will carry with approximately $400,000 down @ 4-5% interest. Very recent remodel on all 10 units. Property consists of two bedroom one bath units, one studio and a one bedroom one bath unit. Property is located very close to the university and shopping. All of the units sit all the way to the rear of the property. Very large lot with the potential to split the lot and add seven 3 bedroom units. All of the units have had a major remodel with granite counter tops, new cabinets and plank flooring. New fixtures and appliances that are all less than a year old at this time. Remodel includes new mini split system in each unit.
  1. Listed by Jim Aguilar • DRE #01862725 • Brokerage DRE #01912741 • Century 21 Select Real Estate, Inc.

Property Details for 728 West 1st Avenue

Parking Spaces Total
0
Private Pool
Yes
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5748
Assessor Parcel Number
043170026000
Property Attached YN
true

Location

Listing Courtesy of Century 21 Select Real Estate, Inc., Jim Aguilar, DRE #01862725

Sold By Integrity Estates Realty, Jesus Alcantar, DRE #01797246

Add your commute
LISTING UPDATED: 09/27/2021 03:32 AM

Property Details for 728 West 1st Avenue

StatusClosed
MLS #SN18288602
Days on Compass978
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
CountyButte County

Location

Listing Courtesy of Century 21 Select Real Estate, Inc., Jim Aguilar, DRE #01862725

Sold By Integrity Estates Realty, Jesus Alcantar, DRE #01797246

Add your commute

Building Information for 728 West 1st Avenue

Building/Complex728 W 1st AveFloor-Stories-Residences-Pet Policy-Year Built1950Building Size-

Payment Calculator

$8,970 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$1,330

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 728 West 1st Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $102,960
  • Gross Scheduled Income: $102,960
  • Net Operating Income: $71,280
  • Financing: Owner Carried
Expense Details
  • Operating Expense: $31,680
  • New Taxes Expense: $20,160
  • Gardener Expense: $3,000
  • Fuel Expense: $0
  • Electric Expense: $960
  • Insurance Expense: $1,560
  • Professional Management Expense: $6,000
  • Trash Expense: $2,400
  • Water Sewer Expense: $4,800
  • Total Expenses: $38,880
Tax / Assessment Info
  • Tax Census Tract: 6.04
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Equipment: Dishwasher, Microwave, Refrigerator, Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Pool Features: Private, In Ground
  • Pool Description: In Ground, Private
  • Pool: Below Ground, Private
Land/Lot Info
  • Lot Features: 21-25 Units/Acre, Rectangular Lot, Near Public Transit
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Sewer: Septic Type Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Unassigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Unassigned
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $7,160
  • Unit Type Total Rent: $7,160
  • Unit Type Pro Forma: 8800
  • 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: $795
  • Unit Type Total Rent: $795
  • Unit Type Pro Forma: 950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $625
  • Unit Type Total Rent: $625
  • Unit Type Pro Forma: 800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 728 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 728 West 1st Avenue

Taxable ValueLand$489,600Additions$938,350Total$1,427,950
Tax Record2023$15,962 ($1,330 / month)
Home Facts
Baths9Total Finished SqFt5,424 SqFtAbove Grade Finished SqFt5,424 SqFtStories1Lot Size31,363 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningR3CountyBUTTEAPN043-170-026-000

Schools near 728 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.

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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 Century 21 Select Real Estate, Inc., Jim Aguilar, DRE #01862725

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.