Shasta East is a duplex community consisting of (28) 2 bedroom 1 bath units. Each unit has indoor laundry, and an oversized one car garage along with a private & spacious yard. These units enjoy near 100% occupancy with many long term tenants. Current owners have been upgrading units, as they turn over. Property offers significant upside, by improving rents to meet local market value, as well as the ability to add/build out amenities to the underutilized portions of the property. Purchase also includes 194 E Shasta Ave.
Sold for $4,950,000 on 03/29/23
Listing Provided by:
Steve Depa DRE #00813533 530-514-6288,
Re/Max of Chico
$4,950,000
186 E Shasta Ave, Chico, CA 95973
--beds
--baths
24,640sqft
Multi Family
Built in 1978
-- sqft lot
$3,599,300 Zestimate®
$201/sqft
$1,896 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 29, 2023 at 11:29am
Listing Provided by:
Steve Depa DRE #00813533 530-514-6288,
Re/Max of Chico
Bought with:
Emmett Jacobi, DRE #01896904
Century 21 Select Real Estate, Inc.
Source: CRMLS,MLS#: SN23013609
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 24,640
- Total interior livable area: 24,640 sqft
Property
Parking
- Total spaces: 28
- Parking features: Garage
- Garage spaces: 28
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 1.49 Acres
- Features: Back Yard
Details
- Additional parcels included: 006380003
- Parcel number: 006380002000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Chico
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange