1101 E Lassen Avenue

    Chico, CA 95973
    • $799,000
    • STATUS: Active
    • ON SITE: 72 days
    • ID#: SN19007649
    UPDATED: 64 min ago
    $799,000
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,076
      SQFT
    • $157
      $/SQFT
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Unique property on a huge lot in north Chico! Perfect for multiple families or great as an income producing investment property, including 3 structures with a total of 4 units and 2 garages. Directly off Lassen sits the well maintained duplex with 2 bedroom, 1 bath units on each side. The street unit includes a 1 car garage, spacious family room and fireplace. Both duplex units have tasteful updates, fully fenced yards, separate meters, separate laundry and all appliances included. A private gate separates the duplex from the rest of the property, which also includes 2 additional homes, detached 3 car garage with a new roof, fruit producing trees and storage shed. The first home is a special 1900+ sqft triple wide mobile that was lovingly renovated with much of the original 60's flare preserved including a very swanky bar. Other renovations include a bright and cheery sun room, working well on the property, many newer dual pane windows, new HVAC and new flooring throughout. Also included on the property is a bright and open concept 3 bedroom 2 bath 2007 mobile home with vaulted ceilings, breakfast bar, extra large master bath tub, plenty of parking and privacy. There are so many options for what you can do with this income producing property on almost an acre. Conveniently located close to schools and shopping you won't want to miss this one!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-24T23:31:30.78. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.laffinsrealestate.com/homes/90806021

    1101 E Lassen Avenue Chico, CA 95973

    • Price: $799,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: SN19007649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    5,076
    SQFT
    $157
    $/SQFT
    1964
    Built
    County:
    Butte
    Property Description
    Unique property on a huge lot in north Chico! Perfect for multiple families or great as an income producing investment property, including 3 structures with a total of 4 units and 2 garages. Directly off Lassen sits the well maintained duplex with 2 bedroom, 1 bath units on each side. The street unit includes a 1 car garage, spacious family room and fireplace. Both duplex units have tasteful updates, fully fenced yards, separate meters, separate laundry and all appliances included. A private gate separates the duplex from the rest of the property, which also includes 2 additional homes, detached 3 car garage with a new roof, fruit producing trees and storage shed. The first home is a special 1900+ sqft triple wide mobile that was lovingly renovated with much of the original 60's flare preserved including a very swanky bar. Other renovations include a bright and cheery sun room, working well on the property, many newer dual pane windows, new HVAC and new flooring throughout. Also included on the property is a bright and open concept 3 bedroom 2 bath 2007 mobile home with vaulted ceilings, breakfast bar, extra large master bath tub, plenty of parking and privacy. There are so many options for what you can do with this income producing property on almost an acre. Conveniently located close to schools and shopping you won't want to miss this one!
    Exterior Features

    Carport Spaces 1.00 Exterior Features Rain Gutters Fence YN Yes Fencing Average Condition Garage Spaces 4.00 Lot Features 2-5 Units/AcreLot Shape-Rectangular Lot Size Source Seller Lot Size Units Square Feet Other Structures Shed(S) Parking Features BoatCarportCovered ParkingDrivewayGarageRv Access/ParkingRv Potential Parking Total 15.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Composition View Neighborhood View YN Yes

    Interior Features

    Appliances Electric OvenElectric RangeElectric StoveGarbage DisposalMicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling CentralWall Window Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Flooring CarpetLaminateWood Heating Central FurnaceWall Heater Heating YN Yes Interior Features BarCathedral-Vaulted CeilingsCeiling FanFormica CountersLaminate CountersPantry Laundry Features AreaIndividual RoomInside Levels One Room Type Bonus RoomFamily RoomKitchenLaundryLiving RoomMaster BathroomMaster BedroomSeparate Family Room

    Property Features

    Accessibility Features 2+ Access ExitsParking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Storm DrainsStreet Lighting Country Us Elevation Units Feet Exclusions All HutchesAntique Stove From Triple WideChandelierHanging Light in BreezewayStove in Detached Sunroom And Freezer in Duplex Garage. Gross Income 24480.00 Gross Scheduled Income 59328.00 Inclusions RefrigeratorsStovesWasher And Dryers From All Units Except Triple Wide Home. Insurance Expense 2700.00 Land Lease YN No Laundry YN Yes Net Operating Income 51628.00 New Construction YN No New Taxes Expense 3800.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 2 Operating Expense 7700.00 Rent Control YN No Senior Community YN No Sewer Conventional Septic Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 2040.00 Total Expenses 7700.00 Trash Expense 1200.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Jayme Foster of City Of Trees Realty and Natalie Korber of Becky Prater Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-24T23:31:30.78. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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