420 W 4th St
Chico, CA 95928
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1910 build
- – on site
More homes
This is a once in a life time opportunity to acquire a unique portfolio of properties located less than 2 blocks from the heart of Chico State University and downtown Chico. This standout investment opportunity features four single-family homes, encompassing a total of six units across four parcels, and is an ideal choice for those looking to diversify their investment portfolio in the real estate sector. These four Victorian homes have housed students for many years. Properties include a large private parking lot as an extra bonus. Built to last, these homes include beautiful hardwood floors, intricate woodworking details, and timeless character. Upgrades have been made over the years to all of the homes. Two of the houses had basement conversions to create bedrooms and two homes have large unfinished basements for extra storage. There may be additional room for another ADU behind one of the homes (buyer to verify). The location in this sought-after neighborhood drives strong rental demand, thanks to its close proximity to essential amenities, schools, and transportation. This investment is perfectly suited for both seasoned and first-time investors, offering a unique blend of the stability and growth potential inherent in real estate, making it a valuable and sustainable addition to any investment portfolio.
Listed By CRMLS_CA / Kimberly Shaffer / Century 21 Select Real Estate, Inc. / 530-680-7685
Last checked:
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Last updated Mar 10, 2024
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MLS# SN23213806 —
The Building
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Year Built:1910
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:7894.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:4
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Stories Total:3
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:4
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# of Separate Electric Meters:6
Interior
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Levels:One, Two, Three Or More, Multi/Split
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Entry Location:1
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Laundry:Inside
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Laundry:1
Location
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Directions:On 4th and 3rd St Between Chestnut and Normal St.
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Latitude:39.72699100
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Longitude:-121.84226600
The Property
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Property Type:Residential Income
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Subtype:Single Family Residence
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Lot Features:Near Public Transit, Paved
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Lot Size Area:19166.0000
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Lot Size Acres:0.4400
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Lot Size SqFt:19166.00
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Lot Size Source:Public Records
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Property Attached:1
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Additional Parcels:Yes
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Additional Parcels Description:004-124-010, 004-124-008,004-124-003
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:004124009000
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Gutters
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Pool:None
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Senior Community:No
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Private Pool:No
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 |
---|---|---|---|---|
3/8/24
Mar 8, 2024
|
Sold | CRMLS_CA | $1,680,000 | -6.6% |
3/7/24
Mar 7, 2024
|
Pending | CRMLS_CA | $1,799,000 | |
1/24/24
Jan 24, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,799,000 |