2465 Almandor Circle Chico, CA 95926

$529,000 Pending

About the Property

Turn-key GROWTH opportunity in Chico with a hard to find 4-plex! Current rents are below market rates Fully leased Cul-de-Sac complex on Almandor Cir off East Ave. Each unit has 2 large bedrooms and one bath, updated windows ,wall AC and wall Heat with single carport and off side coin laundry room, 2 units are downstairs and 2 unit are upstairs, 3 units are yearly leased, and one unit is month to month. All units have been updated through out the years and are in particularly good conditions. Beautiful Oak and sycamore tree bring so much shade and privacy to this complex. Large side driveway has extra room to park more cars or boat. This property will not last too long

Property Information

Size 3,264 SqFt
Price/SqFt $162
Lot Size 0.28 Acres
Year Built 1968
Property Type Residential Income
Zoning SR
Listing Number SN20120163
Listed 6/21/2020
Modified 6/27/2020
Listing Agent Sima Saboury
Listing Office Porchlight Real Estate Brokers
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 5
# Gas Meters
  • 4
# Units Leased
  • 4
# Water Meters
  • 1
Appliances
  • Electric Oven
Carport Spaces
  • 4.00
Cooling
  • Wall/Window Unit(s)
Garage Spaces
  • 0.00
Gross Income
  • 4010.00
Gross Scheduled Income
  • 4010.00
Levels
  • Two
Net Operating Income
  • 3810.00
Operating Expense
  • 200.00
Parking Total
  • 4.00
Pool
  • None
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Style
  • Contemporary
Total Actual Rent
  • 4010.00
Total Expenses
  • 200.00
Water Source
  • Public
Fireplace
  • Dining Room
  • Kitchen
Flooring
  • Carpet
  • Laminate
Heating
  • Wall Furnace
  • Natural Gas
Tenant Pays
  • Cable TV
  • Electricity
Utilities
  • Natural Gas Connected
  • Sewer Connected
Electric
  • 220 Volts in Kitchen
  • 220 Volts in Laundry
  • Electricity - On Property
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Street Lights
  • Suburban