2051 Forest Avenue
$1,600,000
28
784
13,800
13,800
$116
Description
Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking...Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/o broker owned
- Listed by James Bach • DRE #01938962 • Brokerage DRE #01460643 • Paradise Corner Realty • 951-599-5567
Property Details for 2051 Forest Avenue
Parking Spaces Total
60
Private PoolNo
Total Units28.0
Building TypeAttached
Lot Size SourcePublic Records
Lot Size DimensionsIrr
Living Area13800
Assessor Parcel Number002370059000
LISTING UPDATED: 12/14/2024 03:38 AM
Property Details for 2051 Forest Avenue
Status | Active |
---|---|
MLS # | SW24249447 |
Days on Compass | 4 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1992 |
Lot Size | 1.63 AC / 71,177 SF |
County | Butte County |
Building Information for 2051 Forest Avenue
Stories2Residences-Year Built1992Building Size-Lot Size1.63 AC / 71,177 SF
Property Information for 2051 Forest Avenue
Property History for 2051 Forest Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2051 Forest Avenue
Taxable ValueLand$115,000Additions$155,000Total$270,000
Tax Record2024$3,051 ($254 / month)
Home Facts
Baths2Total Finished SqFt1,550 SqFtAbove Grade Finished SqFt1,550 SqFtLot Size12,632 SqFtStyleOffice BuildingYear Built1994CountyBUTTEAPN002-370-060-000
Schools near 2051 Forest Avenue
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 |
---|---|---|
Little Chico Creek 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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