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1122 W Sacramento Avenue

Chico, CA 95926

– beds
– baths
– sqft
9,148 sqft lot
2022 build
– on site

Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.

Listed By CRMLS_CA / Eric Stofa / Coldwell Banker C&C Properties / 530-228-9203

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# SN24237085 —

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

The Building

Year Built:

2022
Year Built Source:

Seller
New Construction:

No
Construction Materials:

Drywall Walls, Stucco, Wood Siding
Architectural Style:

Contemporary, Modern
Roof:

Composition
Exterior Features:

Lighting, Rain Gutters
Entry Level:

1
Foundation:

Concrete Perimeter, Slab
Common Walls:

1 Common Wall
Building Area Total:

2598.00
Building Area Units:

Square Feet
# of Buildings:

3
Total Number Of Units:

4
Stories Total:

1
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Features:

Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
Levels:

One
Entry Location:

1
Window Features:

Double Pane Windows
Flooring:

Vinyl
Room Type:

Kitchen, Living Room
Laundry:

Inside
Laundry:

1

Financial & Terms

Disclosures:

Accessory Dwelling Unit

Location

Directions:

Nord Avenue to W Sacramento Ave
Latitude:

39.73123800
Longitude:

-121.86115300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Lot Features:

Back Yard
Lot Size Area:

9148.0000
Lot Size Acres:

0.2100
Lot Size SqFt:

9148.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fencing:

Wood
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

043290137000

Heating & Cooling

Heating:

1
Heating:

Ductless
Cooling:

Yes
Cooling:

Ductless

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water Heater, Water Line to Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Curbs, Gutters, Sidewalks, Street Lights, Urban
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Gravel, On Site, Private
Parking Spaces:

7.00
Uncovered Spaces:

7.00

Extra Units

Average 2 Bed Area:

749
Average Studio Area:

545
Number With Dishwasher:

4

Explore the Area

My Commute

From

Sale history

Date	Event	Source	Price	% Change
11/22/24 Nov 22, 2024	Listed / Active	CRMLS_CA	$899,000	239.2% (84.6% / YR)
1/25/22 Jan 25, 2022		CRMLS_CA	$265,000	3.9%
1/4/22 Jan 4, 2022		CRMLS_CA	$255,000

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This multifamily located in Chico, CA 95926 is currently for sale for $899,000. 1122 W Sacramento Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Chico Junior High School, Emma Wilson Elementary School, and Chico High School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker C&C Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 16:12 on Nov 22.

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.