1814 Laurel Street Chico, CA 95928

$430,000 Active
  • Front Unit Front Unit
  • Front Unit
  • Back Unit

About the Property

OWNER-CARRY OPPORTUNITY! Attention seasoned and new investors! Don't miss this fantastic opportunity to expand your portfolio with this income-generating property. Located just a few blocks from restaurants and shopping, easy freeway access, and close proximity to Historic Downtown Chico, this property is a prime rental investment. Property features two separate units, each with its own access and fully fenced yards. The charming front unit is a spacious 2 bedroom, 1 bathroom home with 1,260 sq. ft of living space. Throughout this home, you'll discover ample natural light streaming in through the windows, refinished hardwood flooring and recently updated mosaic tiles, an indoor laundry room (a HUGE convenience for tenants), and the sizable primary bedroom offers a walk-in closet. The second unit features 1 bedroom, and 1 bathroom and is approximately 482 sq. ft with a beautifully landscaped yard with a secure parking space behind a gate with alley access. Inside you'll discover a nicely updated, cozy, and inviting interior with vaulted ceilings, ceiling fans, dual pane windows, and a gas fireplace to keep the space warm on those chilly Chico nights. Both units have tenants with leases going into 2025! This property is not just an investment, but a strategic addition to your portfolio with its reliable income stream and close proximity to Chico's amenities. Seize the opportunity and take the next step in building on your financial future! Also listed under Residential listings (#SN24193096).

Property Information

Size 1,742 SqFt
Price/SqFt $247
Lot Size 0.13 Acres
Year Built 1951
Property Type Residential Income
Zoning R-2
Listing Number SN24121714
Listed 6/12/2024
Modified 9/20/2024
Listing Agent Kiersten Morgan
Listing Office Crane Realty
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Accessibility Features
  • None
Cooling
  • Wall/Window Unit(s)
Electric
  • 220 Volts in Laundry
Exterior
  • Lighting
Fencing
  • Wood
Garage Spaces
  • 0.00
Gross Income
  • 2375.00
Gross Scheduled Income
  • 2375.00
Levels
  • One
Pool
  • None
Price Pe rUnit
  • 215000
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 2375.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Gutters
  • Park
Heating
  • Radiant
  • Wall Furnace
Roofing
  • Composition
  • Metal
Fireplace
  • Living Room
  • Gas
  • Raised Hearth
Flooring
  • Carpet
  • Laminate
  • Wood
Tenant Pays
  • Electricity
  • Gas
  • Trash Collection
Utilities
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Interior
  • Built-in Features
  • Ceiling Fan(s)
  • Formica Counters
  • Granite Counters
  • Open Floorplan
  • Storage
Appliances
  • Dishwasher
  • Free-Standing Range
  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • Range Hood
  • Refrigerator
  • Self Cleaning Oven
  • Vented Exhaust Fan
  • Water Heater