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1122 Stewart Avenue

Chico, CA 95926

– beds
– baths
– sqft
13,068 sqft lot
1908 build
– on site

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential. Key Features: • 4 units with functional layouts • Prime location near Chico State, shopping, and dining • Strong rental history with excellent income potential • Off-street parking and shared outdoor spaces • Ideal for investors seeking stable, long-term returns • Potential to add an additional unit at the rear of the property (utilities already trenched) • Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms • New mini split air conditioning (3 years old) in each unit • Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.

Listed By CRMLS_CA / Michael Lee / Ryno Company / 5305703222

Last checked: Checking… • Last updated Dec 9, 2024 •

MLS# SN24217204 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1908
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

2489.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

4
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Ceiling Fan(s), Open Floorplan
Levels:

One
Entry Location:

Front
Flooring:

Laminate
Room Type:

Family Room, Kitchen, Laundry, Living Room, Walk-In Closet
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Washer Included
Laundry:

1

Location

Directions:

From Hwy 32, turn left on Stewart, property is on the right.
Latitude:

39.72719100
Longitude:

-121.85418200

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Zoning:

R1
Lot Features:

2-5 Units/Acre, Level with Street, Rectangular Lot, Near Public Transit, Paved
Lot Size Area:

13068.0000
Lot Size Acres:

0.3000
Lot Size SqFt:

13068.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5.02
Tax Lot:

39

The Listing

Special Listing Conditions:

Standard
Parcel Number:

043241016000
Showings Begin:

2024-10-21

Heating & Cooling

Heating:

1
Heating:

Ductless
Cooling:

Yes
Cooling:

Ductless

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater
Included:

Yes

The Community

Features:

Biking, Sidewalks, Street Lights, Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Gravel, Paved, Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/21/24 Oct 21, 2024	Listed / Active	CRMLS_CA	$1,049,000	170.4% (27.7% / YR)
8/28/18 Aug 28, 2018		CRMLS_CA	$388,000

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This multifamily located in Chico, CA 95926 is currently for sale for $1,049,000. 1122 Stewart Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 61 days. This multifamily is in the attendance area of Emma Wilson Elementary School, Chico Junior High School, and Chico High School.

Listing Courtesy of: CRMLS_CA and Ryno Company. Based on information from California Regional Multiple Listing Service, Inc. as of 22:41 on Dec 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.