1317 Locust Street Chico, CA 95928

$375,000 Closed
  • 1317 Locust Street Triplex 1317 Locust Street Triplex
  • 1317 Locust Street Triplex
  • Three 1 bd/1ba units
  • Duplex in front - Units A & B
  • Unit C - Separate unit in back with own fenced yard
  • Units A & B are mirror images
  • Unit B
  • Unit B - View of Living Room from entry
  • Unit B - View of Living Room from Dining Area
  • Unit B - Living Room
  • Unit B
  • Unit B
  • Unit B - View of Kitchen from Laundry Room
  • Unit B
  • Unit B - Bedroom
  • Unit B
  • Unit B - Bathroom
  • Unit B - Shower/tub combo
  • Unit B Floor plan
  • Side walkway back to Unit C
  • Backyard patio space
  • New fencing
  • Rear gate leads to onsite parking - parking for 4 cars off alley
  • 4 onsite parking spaces off rear alley
  • Aerial view from rear alley (Units A & B on the left, Unit C with separate fenced yard on the right)
  • Aerial view from the side
  • Aerial view from the other side
  • Aerial view from the front
  • Aeriel view including neighboring properties
  • Unit A - Living Room with view to kitchen and down hall
  • Unit A - Living Room
  • *Unit A - Living Room virtually decluttered
  • *Unit A - Living Room virtually staged
  • Unit A - Kitchen with view towards laundry room
  • Unit A - Kitchen with view from Laundry Room towards Dining Area
  • *Unit A - Kitchen virtually decluttered
  • *Unit A - Kitchen virtually staged
  • Unit A - Kitchen
  • Unit A - Bedroom
  • Unit A - Bedroom
  • *Unit A - Bedroom virtually decluttered
  • *Unit A - Bedroom virtually staged
  • Unit A - Bathroom
  • Unit A - Bathroom
  • Unit A - Laundry Room with door to backyard
  • Unit B - Floor Plan
  • Unit C - Living Room
  • Unit C - Living Room with view down the hall
  • *Unit C - Living Room virtually decluttered
  • *Unit C - Living Room virtually staged
  • Unit C - Kitchen
  • *Unit C - Kitchen virtually decluttered
  • *Unit C - Kitchen virtually staged
  • Unit C - Bedroom
  • Unit C - Bedroom
  • *Unit C - Bedroom virtually decluttered
  • *Unit C - Bedroom virtually staged
  • Unit C - Bathroom
  • Unit C - Laundry Room with view towards door to private backyard
  • Unit C - Floor Plan

About the Property

Please Note: This property has been SOLD

Centrally located triplex with possibility of adding up to 2 ADUs - Buyer to satisfy self/confirm with City. Currently, there are three 1bd/1ba units - Front building is a duplex and the 3rd unit is separate with its own fenced yard. Unit B is the most updated and is in the best condition. Units A & C both have hardwood floors under the carpet, buyer to satisfy self/confirm. *Some photos of Units A & C have been virtually decluttered and/or virtually staged and are labeled as such. Actual photos are also included alongside. All units have dual pane windows, central heat/air, and indoor laundry. Spacious front and back yards with new fencing, fruit trees, and patio space to enjoy the outdoors. Plenty of on site parking including 4 spaces off the alley and street parking in front of the property. Pest inspection/clearance, whole house inspection and City of Chico Retrofit inspection all in supplemental docs. Many items on the whole house inspection report have already been taken care of. NEW HVAC and NEW WATER HEATER in Unit B. NEW REFRIGERATOR in Unit A. All units are on month-to-month leases Please do not disturb tenants

Property Information

Size 1,824 SqFt
Price/SqFt $206
Lot Size 0.2 Acres
Year Built 1960
Property Type Residential Income
Zoning R-2
Listing Number SN23049382
Listed 4/6/2023
Modified 6/9/2023
Listing Agent Annie Foster
Listing Office Willow & Birch Realty, Inc
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 2
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 23880.00
Gross Scheduled Income
  • 23880.00
Heating
  • Forced Air
Levels
  • One
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 128333
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Actual Rent
  • 1925.00
Uncovered Spaces
  • 4.00
Utilities
  • Sewer Connected
Water Source
  • Public
Appliances
  • Gas Range
  • Gas Water Heater
Flooring
  • Carpet
  • Laminate
  • Wood
Community Features
  • Curbs
  • Sidewalks
  • Storm Drains
  • Street Lights

Listed by Annie Foster of Willow & Birch Realty, Inc. Listing data last updated 12/9/2023 at 2:35 PM PST.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/9/2023 2:45 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Property Location

Directions: Pine St. to E. 12th St, right on E. 12th St., left on Locust St.

Investment Analysis

Gross Income
Gross Rent Multiplier
Price per Unit
Estimated Insurance
Estimated Taxes
Estimated Net Income
Estimated Debt Service
Estimated Cashflow
Estimated Cash on Cash
*Investment Analysis is estimated based on listing provided data and averages which may not be specific to this property and does not represent actual expenses, returns, or amounts.

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