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1122 W Sacramento Ave, Chico, CA, 95926

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1122 W Sacramento Ave, Chico$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGravel, On Site, Private
Year Built2022
HeatingDuctless
CoolingDuctless
ViewNeighborhood
MLS #SN24237085
Lot Size0.21 Acres
StatusActive

About 1122 W Sacramento Ave

Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modern
  • Year Built: 2022
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker C&C Properties
  • Office Phone: (530) 228-9203
  • Listing Agent: Eric Stofa

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water Heater
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Parking: Gravel, On Site, Private

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless

Other

Directions Information:

  • Directions: Nord Avenue to W Sacramento Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000

Tax Information:

  • Annual Amount: $2,778
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chico, CA.

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Chico, CA

City

Med. Sold Price

$465.1K

Med. Price/SqFt

$296

Avg. Days On Market

30

# of Sold Homes

75

1122 W Sacramento Ave vs Chico

1 DAY ON ROCKET

-29 Days

$899,000

+$433.8K More

KEY TAKEAWAY

This property is $433.8K more than the Median Sold Price in Chico, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SN24237085

Listing Office:

  • Office Name: Coldwell Banker C&C Properties
  • Office Phone: (530) 228-9203
  • Listing Agent: Eric Stofa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 29, 2019Home Sold
$244,500
Jun 30, 2017Home Sold
$200,000
Jan 08, 2003Home Sold
$91,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,778$247,032
2020$2,770$244,500
2019$2,320$208,080
2018$2,321$204,000
2017$1,891$164,711

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-845916
7
/10

  • Emma Wilson Elementary School

  • 1530 W 8th Ave

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-845917
4
/10

  • Citrus Elementary School

  • 1350 Citrus Ave

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-845918
6
/10

  • Rosedale Elementary School

  • 100 Oak St

  • 0.72 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,276. Typical income of Chico, CA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Butte County›Chico›95926›1122 W Sacramento Ave

This home is located at 1122 W Sacramento Ave in Chico, CA and zip code 95926. This home, which was built in 2022, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $899,000.

While more than 33 listings in Chico, CA in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 29 were sold below. The number of listings in Chico, CA decreased by 7.9% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $465,126 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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