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!
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
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#: SN25015903
Originating 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