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728 W 1st Avenue, Chico, CA 95926
3
beds
3
baths
5748
ft2
· 31363
ft2 lot
$1,480,000
$257 / ft2
Listing provided courtesy of Jim Aguilar, Century 21 Select Real Estate, Inc..
Source CRMLS.
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.
HOA
$0/month
On market
1 year
Year built
1950
Property type
Condo
Parking
MLS
SN18288602
Price / Sq.Ft.
$257 / ft2
Status
Active
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Based on a price of $1,480,000
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Individual Room
•   
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 5748.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Unassigned
•   
Garage Spaces: 0.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 1
•   
Total Units: 10
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: R3
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 21-25 Units/Acre, Rectangular Lot, Near Public Transit
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.7200
•   
Lot Size Area: 31363.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Common Walls: 2+ Common Walls
•   
Pool Details: Private, In Ground
Exterior Features
•   
Private Pool: 1
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 9
•   
Number Of Separate Gas Meters: 8
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Septic Type Unknown
Assesments Information
•   
Assessments: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 4800.00
•   
Total Actual Rent: 8580.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 2400.00
•   
New Taxes Expense: 20160.00
•   
Insurance Expense: 1560.00
•   
Professional Management Expense: 6000.00
•   
Total Expenses: 38880.00
•   
Gross Scheduled Income: 102960.00
•   
Operating Expense: 31680.00
•   
Gardener Expense: 3000.00
Tax/Assessment Info
•   
Gross Income: 102960.00
Lease Info
•   
Net Operating Income: 71280.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 960.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 795.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 795.00
Unit 3 Information
•   
Unit 3 Actual Rent: 625.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 625.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 8
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 7160.00
•   
Unit 1 Total Rent: 7160.00
Multi Unit Information
•   
# Of Units: 3
School Neighborhood & Directions
Location
•   
Community Features: Urban
School Info
•   
Directions: 1st ave between Warner and N. Cedar
Other
Calculation
•   
Dom: 806
•   
Cdom: 806
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 22, 2021 4:25am
Neighborhood snapshot
32
Properties for sale
5
Median days on market
$260.00
Median sold price/sqft
100.63%
Sold/List %
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Property History
04/05/2021
04/05/2021
CRMLS #SN18288602
active
CRMLS #SN18288602
$1,480,000
03/30/2021
03/30/2021
CRMLS #SN18288602
pending
CRMLS #SN18288602
$1,480,000
10/01/2020
10/01/2020
CRMLS #SN18288602
pending
CRMLS #SN18288602
$1,480,000
12/03/2018
12/03/2018
CRMLS #SN18288602
active
CRMLS #SN18288602
$1,480,000
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