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1152 Magnolia Avenue, Chico, CA 95926
Priced at Only: $1,150,000
For more Information Call Mobile: 714.478.6676
Address: 1152 Magnolia Avenue, Chico, CA 95926
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  • MLS#: SN24101772 ( Single Family Residence )
  • Street Address: 1152 Magnolia Avenue
  • Viewed: 1
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Days On Market: 221
  • Additional Information
  • County: BUTTE
  • City: Chico
  • Zipcode: 95926
  • Provided by: Parkway Real Estate Co.
  • Contact: John John
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five units with a charming single family residence at the front and a four unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four unit apartment building, located down the walkway, features spacious three bedroom, one bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.
Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 4500.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 172
Electric Expense
  1. 180.00
Fireplace Features
  1. Living Room
Flooring
  1. Laminate
  2. Vinyl
Garage Spaces
  1. 0.00
Gardner Expense
  1. 2400.00
Heating
  1. Central
  2. Wall Furnace
Insurance Expense
  1. 3600.00
Interior Features
  1. Ceiling Fan(s)
Laundry Features
  1. Common Area
Lockboxtype
  1. None
Lot Features
  1. Front Yard
  2. Landscaped
Netoperatingincome
  1. 50970.30
Newtaxesexpense
  1. 12900.00
Parcel Number
  1. 003093014000
Parking Features
  1. Off Street
  2. On Site
Pool Features
  1. None
Postalcodeplus4
  1. 3828
Professionalmanagementexpense
  1. 5856.00
Property Type
  1. Single Family Residence
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 415149273:CRM
Spa Features
  1. None
Totalactualrent
  1. 5740.00
Totalexpenses
  1. 30024.00
Trash Expense
  1. 1908.00
View
  1. Neighborhood
Water Sewer Expense
  1. 1980.00
Water Source
  1. Public
Year Built
  1. 1978
Year Built Source
  1. Assessor
Zoning
  1. R3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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