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Simplistic Realty Real Estate Services

Simplistic Realty
Real Estate Services
Paradise, CA 95969
Contact Us

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Listing 15 out of 36
$1,480,000 For Sale

728 W 1st Avenue
Chico, CA 95926

10 units | Multi Family Home
0.72 acres - MLS# SN18288602
Property Photo


OWNER FINANCING!! Very recent remodel on all 10 units. Property consists of two bedroom one bath units, one studio and a one bedroom one bath unit. Property is located very close to the university and shopping. All of the units sit all the way to the rear of the property. Very large lot with the potential to split the lot and add seven 3 bedroom units. All of the units have had a major remodel with granite counter tops, new cabinets and plank flooring. New fixtures and appliances that are all less than a year old at this time. Remodel includes new mini split system in each unit.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 95926
  • Year Built: 1950
  • Units: 10 units
  • Lot Size: 0.72 acres
  • Pool or Spa: Private,In Ground, Yes
  • Zoning: R3
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5748.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Urban
  • Country: US
  • Directions: 1st ave between Warner and N. Cedar
  • Electric Expense: 960.00
  • Gardener Expense: 3000.00
  • Gross Income: 102960.00
  • Gross Scheduled Income: 102960.00
  • Insurance Expense: 1560.00
  • Laundry Features: Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01862725
  • Listing Office License: 01912741
  • Lot Features: 21-25 Units/Acre, Rectangular Lot, Near Public Transit
  • Lot Size Area: 31363.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 71280.00
  • New Taxes Expense: 20160.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Operating Expense: 31680.00
  • Parking Features: Unassigned
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sewer: Septic Type Unknown
  • Total Actual Rent: 8580.00
  • Total Expenses: 38880.00
  • Trash Expense: 2400.00
  • Water Sewer Expense: 4800.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Century 21 Select Real Estate, Inc., Jim Aguilar

Simplistic Realty Real Estate Services | 530-872-9000 | Contact Us
6400 Skyway - Paradise, CA 95969
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