1814 Laurel Street

Chico, CA 95928

$420,000
Price
3
Beds
2
Baths
1,742 Sq. Ft.
$241 / Sq. Ft.
1,742
Sq. Ft.
$241
per Sq. Ft.

Description

Owner-carry opportunity! Attention seasoned and new investors! Don't miss this fantastic opportunity to expand your portfolio with this income-generating property. Located just a few blocks from restaurants and shopping, easy freeway access, and close proximity to Historic Downtown Chico, this property is a prime rental investment. Property features two separate units, each with its own access and fully fenced yards. The charming front unit is a spacious 2 bedroom, 1 bathroom home with 1,260 sq....Owner-carry opportunity! Attention seasoned and new investors! Don't miss this fantastic opportunity to expand your portfolio with this income-generating property. Located just a few blocks from restaurants and shopping, easy freeway access, and close proximity to Historic Downtown Chico, this property is a prime rental investment. Property features two separate units, each with its own access and fully fenced yards. The charming front unit is a spacious 2 bedroom, 1 bathroom home with 1,260 sq. ft of living space. Throughout this home, you'll discover ample natural light streaming in through the windows, refinished hardwood flooring and recently updated mosaic tiles, an indoor laundry room (a HUGE convenience for tenants), and the sizable primary bedroom offers a walk-in closet. The second unit features 1 bedroom, and 1 bathroom and is approximately 482 sq. ft with a beautifully landscaped yard with a secure parking space behind a gate with alley access. Inside you'll discover a nicely updated, cozy, and inviting interior with vaulted ceilings, ceiling fans, dual pane windows, and a gas fireplace to keep the space warm on those chilly Chico nights. Both units have tenants with leases going into 2025! This property is not just an investment, but a strategic addition to your portfolio with its reliable income stream and close proximity to Chico's amenities. Seize the opportunity and take the next step in building on your financial future! Also listed under Residential listings (#SN24193096).
  1. Listed by Kiersten Morgan • DRE #01808835 • Brokerage DRE #00640752 • Crane Realty • 530-680-8884

Property Details for 1814 Laurel Street

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1742
LISTING UPDATED: 11/20/2024 12:41 PM

Property Details for 1814 Laurel Street

StatusActive
MLS #SN24121714
Days on Compass160
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.13 AC / 5,662 SF
CountyButte County

Building Information for 1814 Laurel Street

Stories1Residences-Year Built1951Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 1814 Laurel Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,375
  • Gross Scheduled Income: $2,375
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 1
  • Tax Census Tract: 13.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 15
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Gutters, Park
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
  • Equipment: Dishwasher, Electric Dryer Hookup, Hookup - Electric, Inside, Other, Refrigerator, Room, Vented Exhaust Fan, Washer Hookup
  • Interior Features: Built-in Features, Ceiling Fan(s), Formica Counters, Granite Counters, Open Floorplan, Storage
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Bedroom, Primary Bedroom, Walk-In Closet
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, WalkInCloset
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, See Remarks, Washer Hookup
  • Fireplace Features: Living Room, Gas, Raised Hearth
  • Fireplace Rooms: Gas, Living Room, Raised Hearth
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Radiant, Wall
  • Heating: Radiant, Wall Furnace
  • Heat Equipment: Radiant
  • Flooring: Carpet, Laminate, Wood
Exterior Features
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Lighting
  • Roof: Composition, Metal
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Concrete Perimeter, Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts in Laundry
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: Driveway, Gated, On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Driveway Level, Gated, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,425
  • Unit Type Total Rent: $1,425
  • Unit Type Pro Forma: 1425
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 950
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number With Carpet: 1
  • Number Wall AC: 2

Property History for 1814 Laurel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1814 Laurel Street

Taxable ValueLand$86,888Additions$140,478Total$227,366
Tax Record2024$2,557 ($213 / month)
Home Facts
Baths1Total Finished SqFt1,458 SqFtAbove Grade Finished SqFt1,458 SqFtStories2Lot Size5,662 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951ZoningR-2CountyBUTTEAPN005-241-009-000Fireplace TypeHas Fireplace

Schools near 1814 Laurel Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Chapman Elementary School
PublicK to 5

Marsh (Harry M.) Junior High School
Public6 to 8

Chico High School
Public9 to 12

Sherwood Montessori School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1814 Laurel Street is a multi-family home for sale in Chico, CA 95928. This property was listed for sale on June 12, 2024 by Crane Realty, it's currently listed at $420,000. It has been on the market for a total of 160 days and was last sold on June 12, 2002. This listing's school district is Chico Unified School District. Nearby schools include Chapman Elementary School, Marsh (Harry M.) Junior High School and Chico High School. 1814 Laurel Street is a 3-bed, 2-bath, 1,742 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crane Realty, Kiersten Morgan, DRE #01808835

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.