1825 Magnolia Avenue
Chico, CA 95926
- – beds
- – baths
- – sqft
- 9,148 sqft lot
- 1960 build
- – on site
Opportunity is knocking loud and clear with this unique investment property! Nestled near the heart of the avenues and close to Enloe Medical Center, this all-original 5-unit gem is a dream come true for savvy investors. With five units spread across three buildings, this property offers flexibility and charm. The large common courtyard is perfect for creating a welcoming community space where tenants can relax and enjoy the outdoors. Each unit comes equipped with its own laundry facilities, adding a layer of convenience that tenants will love. Located in a prime area, this property offers consistent rental demand and potential for growth. Whether you're looking to renovate and increase value or maintain the original charm, the possibilities are endless. Invest now and watch your portfolio thrive!
Listed By CRMLS_CA / Matt Depa / Re/Max of Chico / 530-896-9300
Last checked:
Checking…
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Last updated Sep 9, 2024
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MLS# SN24144907 —
The Building
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Year Built:1960
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:3717.00
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Building Area Units:Square Feet
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# of Buildings:3
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Total Number Of Units:5
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Stories Total:2
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:front
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Laundry:Inside
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Laundry:1
Location
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Directions:From Esplanade turn onto W 9th Ave, left onto Magnolia
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Latitude:39.74497000
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Longitude:-121.85351600
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:R1
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Lot Features:Back Yard
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Lot Size Area:9148.0000
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Lot Size Acres:0.2100
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Lot Size SqFt:9148.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6.01
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Tax Lot:4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:003613009000
Heating & Cooling
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Heating:1
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Heating:Central, See Remarks, Wall Furnace
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Cooling:Yes
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Cooling:Central Air, See Remarks, Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Suburban
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Pool:None
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/9/24
Sep 9, 2024
|
Price Changed | CRMLS_CA | $615,000 | -1.6% |
8/7/24
Aug 7, 2024
|
Relisted | CRMLS_CA | $625,000 | |
7/25/24
Jul 25, 2024
|
Pending | CRMLS_CA | $625,000 |