1176 Warner Street Chico, CA 95926

$405,000 Active

About the Property

A unique and appealing student rental property with nice landscaping. The front house has a 3 bedroom 1 bath unit on top and a 2 bedroom 1 bath unit on the bottom and in the back, on the alley is a studio unit. The bottom unit is a 3/4 basement unit with a cool window garden and fountain, and built-in hand-molded concrete living room seating! The bottom unit also has a private fenced brick patio side yard. The Studio Unit in the back has its own alley parking and a storage unit, and a private fenced yard with covered redwood deck. There is a shared coin-operated washer & dryer laundry room with private access. The upstairs 3 bedroom unit has a "Classic Chico" covered front porch and an ample Trex deck in the back overlooking the yard. The sewer lateral was replaced in 2016. On April 4th 2019 a torrential rainstorm passed directly over Chico and many homes and businesses were flooded, including the bottom unit and the studio unit of this property. Property is NOT in a flood zone. The bottom 2 bedroom unit and the Studio unit have been completely dried out and redone! Close to campus and across the street from the Warner Street Market.

Property Information

Size 2,256 SqFt
Price/SqFt $180
Lot Size 0.22 Acres
Year Built 1912
Property Type Residential Income
Zoning R3
Listing Number SN19167560
Listed 7/26/2019
Modified 10/24/2019
Listing Agent Peter Tichinin
Listing Office Century 21 Select Real Estate, Inc.
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
Garage Spaces
  • 0.00
Gross Income
  • 33900.00
Gross Scheduled Income
  • 33900.00
  • Two
Net Operating Income
  • 17900.00
Operating Expense
  • 16000.00
Parking Total
  • 5.00
  • None
  • Composition
  • Public Sewer
Total Expenses
  • 16000.00
Uncovered Spaces
  • 5.00
Water Source
  • Public
Construction Materials
  • Lap Siding
  • Wood Siding
  • Wall/Window Unit(s)
  • Evaporative Cooling
  • Average Condition
  • Wood
  • Carpet
  • Vinyl
  • Wall Furnace
  • Natural Gas
Tenant Pays
  • Electricity
  • Gas
Community Features
  • Biking
  • Gutters
  • Sidewalks
  • Storm Drains
  • Street Lights
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected