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Sold for $400,000 on 01/22/25
  • Listing Provided by: 

    Kiersten Morgan DRE #01808835 530-680-8884,

    Crane Realty

    $400,000

    1814 Laurel St, Chico, CA 95928

    --beds
    --baths
    1,742sqft
    Duplex
    Built in 1951
    -- sqft lot
    $403,400 Zestimate®
    $230/sqft
    $1,779 Estimated rent

    What's special

    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).

    Zillow last checked: 7 hours ago

    Listing updated: January 23, 2025 at 08:33am

    Listing Provided by:

    Kiersten Morgan DRE #01808835 530-680-8884,

    Crane Realty

    Bought with:

    Ryan McDougal, DRE #01745379

    Crane Realty

    Source: CRMLS,MLS#: SN24121714MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Radiant, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room, See Remarks
    Features
    • Built-in Features, Ceiling Fan(s), Granite Counters, Laminate Counters, Open Floorplan, Storage, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Wood
    • Windows: Blinds, Double Pane Windows, Screens
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room, Raised Hearth
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,742
    • Total interior livable area: 1,742 sqft

    Property

    Parking
    • Parking features: Driveway Level, Driveway, Gated, On Street
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,662 sqft
    • Features: Back Yard, Front Yard, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
    Details
    • Parcel number: 005241009000
    • Zoning: R-2
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Foundation: Concrete Perimeter, Slab
    • Roof: Composition,Metal
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Gutter(s), Park
    Location
    • Region: Chico

    HOA & financial

    Other financial information
    • Total actual rent: 2375

    Other

    Other facts
    • Listing terms: Owner Will Carry
    Services availability