Pending

390 White Avenue

Chico CA, 95926

$525,000


$150.69 per sqft

Pending

3,484 sqft

Multi-family

Built in 1979

Listed by Alisha Simpkins with Keller Williams Realty Chico Area 530-354-4244

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!

SN25015903

MLS ID

January 22, 2025

Listed

January 26, 2025

Updated

Map

390 White Avenue
Chico CA, 95926

Interior Features

Total Stories

2


Interior Features

Balcony, Ceiling Fan(s), Laminate Counters, Storage


Appliances

Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Range Hood, Self Cleaning Oven, Water Heater, Washer


Laundry Description

Common Area, Washer Hookup, Electric Dryer Hookup, Laundry Room, Outside


Floor Description

Carpet, Laminate


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Lighting, Rain Gutters


Lot Features

Lawn, Near Public Transit, Rectangular Lot, Street Level, Trees


Roof

Composition


Sewer

Public Sewer

Other Property Details

Days on Market

3


Garage

No


Parking

Driveway Level, On Site, Off Street, Paved, One Space, Unassigned, Uncovered


Parking Total

8


View

Yes


View Description

Neighborhood


County

Butte


Water Source

Public


Pool

No


Pool Features

None


Zoning

C2

Listing History

Date

Event

Price

1/26/2025

Pending

Listing Contact: 530-809-3700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/26/2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/26/2025 at 12:46 AM UTC

 

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