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Sold for $580,000 on 02/18/25
  • Listing Provided by: 

    Alisha Simpkins DRE #01772692 530-354-4244,

    Keller Williams Realty Chico Area

    $580,000

    390 White Ave, Chico, CA 95926

    --beds
    --baths
    3,484sqft
    Quadruplex
    Built in 1979
    -- sqft lot
    $585,200 Zestimate®
    $166/sqft
    $1,499 Estimated rent

    What's special

    Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!

    Zillow last checked: 7 hours ago

    Listing updated: February 18, 2025 at 05:56pm

    Listing Provided by:

    Alisha Simpkins DRE #01772692 530-354-4244,

    Keller Williams Realty Chico Area

    Bought with:

    Brandi Laffins, DRE #01140900

    Re/Max of Chico

    Source: CRMLS,MLS#: SN25015903MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Range Hood, Self Cleaning Oven, Water Heater, Washer
    • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Laundry Room, Outside
    Features
    • Balcony, Ceiling Fan(s), Laminate Counters, Storage
    • Flooring: Carpet, Laminate
    • Doors: Sliding Doors
    • Windows: Blinds, Screens
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,484
    • Total interior livable area: 3,484 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Driveway Level, On Site, Off Street, Paved, One Space, Unassigned, Uncovered
    • Uncovered spaces: 8
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Exterior features: Lighting, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Partial
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.29 Acres
    • Features: Lawn, Near Public Transit, Rectangular Lot, Street Level, Trees
    Details
    • Parcel number: 006290009000
    • Zoning: C2
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Chico

    HOA & financial

    Other financial information
    • Total actual rent: 4600

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved
    Services availability