1122 W Sacramento Avenue Chico, CA 95926
About the Property
Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.
Property Information
| Size | 2,598 SqFt |
|---|---|
| Price/SqFt | $346 |
| Lot Size | 0.21 Acres |
| Year Built | 2022 |
| Property Type | Residential Income |
| Listing Number | SN24237085 |
| Listed | 11/22/2024 |
|---|---|
| Modified | 11/23/2024 |
| Listing Agent | Eric Stofa |
| Listing Office | Coldwell Banker C&C Properties |
| Total Building | 3 |
| Total Units | 4 |
Property Features
- 4
- 4
- 4
- 1
- Ductless
- Standard
- Wood
- Vinyl
- 0.00
- 68539.00
- 66438.00
- 68539.00
- Ductless
- One
- 50445.00
- 16038.00
- 7.00
- None
- 224750
- Composition
- Public Sewer
- None
- 1
- 5711.00
- 16038.00
- 7.00
- Neighborhood
- Public
- Lighting
- Rain Gutters
- Contemporary
- Modern
- Electricity
- Gas
- Drywall Walls
- Stucco
- Wood Siding
- Curbs
- Gutters
- Sidewalks
- Street Lights
- Urban
- Ceiling Fan(s)
- High Ceilings
- Open Floorplan
- Quartz Counters
- Recessed Lighting
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Dishwasher
- Electric Range
- Gas Range
- Ice Maker
- Microwave
- Tankless Water Heater
- Water Heater
- Water Line to Refrigerator
Listed by Eric Stofa of Coldwell Banker C&C Properties. Listing data last updated 11/28/2024 at 6:34 AM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/23/2024 6:34 AM. 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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