Chico CA  home offered at $950,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

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836 Wall Street
Chico, California CA 95928-5697
Sold For: $800,000
Listing ID: SN19003872
Price/SqFt: $139.47
Status: Closed
Sold Date: 7/13/2021
SqFt: 5,736 Sq Ft
Year Built: 1918

Prime downtown Chico income property with four - (4)bedroom units consisting of 2 duplexes and a vacant corner lot with development opportunity. This listing is comprised of 2 parcels being sold together. 828 and 828 1/2 Wall St. is a duplex on one parcel, and 836 and 836 1/2 Wall St. plus the vacant corner lot are on the second and larger parcel. The addresses for the vacant lot will be on 9th St. and per the City of Chico are zoned C1, commercial mixed use including retail, residential, commercial and office. The 2 residential duplexes are very similar and have a strong rental history. Each unit consists of 4 bedrooms and 1 bath large living room and kitchen, with laundry in 3 of the units, and high ceilings and porches in the upstairs units.

Primary Features

County: Butte
Price/SqFt: 139.47
Property Sub Type: Mixed Use
Property Type: Commercial Sale
Year Built: 1918
Zoning: C1

Interior

Building Area Units: Square Feet
Condo Area Units: Square Feet
Heating: yes
Heating Type: Wall Furnace, Natural Gas
Inclusions: Refrigerators in 828, 8281/2, 836 1/2. Washer/dryers in 836 1/2, 828.
Laundry Features: Common Area, Inside, See Remarks
Stories Total: 2

External

Fence: yes
Fencing: Chain Link, Partial
Lot Size Source: Assessor
Number Of Buildings: 2
Roof: Composition
Water Source: Public

Location

Country: US

Additional

Additional Parcels: yes
Building Status: Existing
Co List Agent State License: 01081260
Co List Office State License: 02065919
Days On Market: 842
Land Use: Multi-Family, Office, Retail
List Agent State License: 01935943
List Office State License: 02065919
Number Of Units Leased: 4
Number Of Units Total: 4
Parcel Number: 004421004000
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built Source: Assessor

Financial

Effective Gross: 74400
Gross Scheduled Income: 74400
Insurance Expense: 2400
Investment Property: yes
Net Operating Income: 56656
Operating Expense: 17774
Real Estate Tax Expense: 11875
Special Listing Conditions: Standard
Total Expenses: 17774
Trash Expense: 1176
Water Sewer Expense: 2293

Zoning Info


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Listed by: Belle Fricke, DRE #01935943 from Parkway Real Estate Co. 530-592-3432

Contact - Listing ID SN19003872

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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