1715 Diamond Avenue Chico, CA 95928

$412,500 Closed
  • Front house Front house
  • Front house
  • Dining Room
  • Family room
  • Kitchen
  • Pantry
  • Laundry
  • Main bathroom
  • Master Bedroom
  • Master Bathroom
  • Bed 2
  • Bed 3
  • Enclosed patio
  • Wire fenced yard
  • Storage for shed for front home
  • Back house yard
  • Back house
  • Dining Room
  • Kitchen
  • Living Room
  • Main bathroom
  • Bed 2
  • Bed 3
  • Master Bedroom
  • Master Bathroom
  • Back house shed

About the Property

Please Note: This property has been SOLD

Located just outside of Chico, with a country feel, this half acre property has two homes on it. There are two addresses: 1715 Diamond is the front house built in 1963 with 4 bedrooms and 2 bathrooms. and 1707 Diamond is a 3 bedroom / 2 bathroom 2005 manufactured home. Ample yard space for both homes with each home having their own storage shed. HVACs are newer and each home has it's own septic, with CalWater and natural gas. Front house has a power purchase plan solar system from SolarCity/Tesla. Minimal monthly payments on system with lower electric bills for as an additional incentive for the tenants. Both homes are currently rented.

Property Information

Size 2,950 SqFt
Price/SqFt $140
Lot Size 0.51 Acres
Year Built 1963
Property Type Residential Income
Listing Number SN21203286
Listed 9/14/2021
Modified 11/18/2021
Listing Agent Shari Dixon
Listing Office Willow & Birch Realty, Inc
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Carport Spaces
  • 1.00
Cooling
  • Central Air
Fireplace
  • See Remarks
Garage Spaces
  • 0.00
Gross Income
  • 46374.00
Gross Scheduled Income
  • 46374.00
Net Operating Income
  • 41220.47
Operating Expense
  • 5153.53
Other Structures
  • Shed(s)
Parking Total
  • 1.00
Pool
  • None
Price Pe rUnit
  • 224500
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
Tenant Pays
  • All Utilities
Total Actual Rent
  • 3524.50
Total Expenses
  • 11134.00
Water Source
  • Public
Community Features
  • Gutters
  • Rural
Fencing
  • Wire
  • Wood
Heating
  • Central
  • Wall Furnace
Views
  • Neighborhood
  • Orchard
Appliances
  • Dishwasher
  • Gas Cooktop
  • Range Hood
Electric
  • 220 Volts in Laundry
  • Electricity - On Property
  • Photovoltaics Third-Party Owned
Flooring
  • Carpet
  • Vinyl
  • Wood
Interior
  • Cathedral Ceiling(s)
  • Laminate Counters
  • Tile Counters
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Not Available
  • Water Connected