1152 Magnolia Avenue Chico, CA 95926

$799,000 Pending

About the Property

Fantastic investment property near downtown and CSU Chico. Property consists of five units. There are four 3 bedroom 1 bath units that have off street parking, and a shared laundry space. The Front house is a single family home that the current owners have completely renovated throughout. This unit has its own off street parking and indoor laundry. All units are fully leased until summer of 2020.

Property Information

Size 4,500 SqFt
Price/SqFt $178
Lot Size 0.23 Acres
Year Built 1978
Property Type Residential Income
Zoning R3
Listing Number SN19088058
Listed 4/18/2019
Modified 5/1/2019
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 5

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 5
# Units Leased
  • 5
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 73380.00
Gross Scheduled Income
  • 73380.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
Total Actual Rent
  • 6115.00
Water Source
  • Public
Heating
  • Central
  • Wall Furnace