810 W 1st Avenue Chico, CA 95926

$1,150,000 Closed

About the Property

Please Note: This property has been SOLD

Well located complex with tremendous upside potential. Traditionally student occupancy in the past but has in recent years shifted to wider tenant profile including students, non-students, and families. Units are all equal square footage but bedroom configurations vary from 3 to 6 bedrooms.

Property Information

Size 21,980 SqFt
Price/SqFt $52.32
Lot Size 0.9 Acres
Year Built 1965
Property Type Residential Income
Listing Number CH14054628
Listed 3/17/2014
Modified 5/19/2014
Listing Agent Steven Depa
Listing Office RE/MAX Of Chico
Total Building 3
Total Units 17

Property Features

# Electric Meters
  • 18
# Gas Meters
  • 18
# Water Meters
  • 1
Community Features
  • Street Lighting
Garage Spaces
  • 0.00
Gross Income
  • 13165.00
Gross Scheduled Income
  • 172800.00
Net Operating Income
  • 114800.00
Operating Expense
  • 58000.00
Parking Total
  • 24.00
Pool
  • Private
Water Source
  • Public