498 East Sacramento Avenue

Chico, CA 95926

$599,000
Price
5
Beds
3
Baths
2,200 Sq. Ft.
$272 / Sq. Ft.
2,200
Sq. Ft.
$272
per Sq. Ft.

Description

Location! Location! Location! Don't miss this once in a lifetime Chico investment property centrally located in one of the most beautiful and beloved neighborhoods in Chico. This property has been designed as a luxury rental and/or Airbnb. Filled with beautiful furniture, appliances, and extra linens that maybe sold separately. This is perfect for anyone looking to buy a fully set up Airbnb. Guests will enjoy Saturday morning Farmer's Market, Bidwell Park, dinners in downtown , or coffee at the local...Location! Location! Location! Don't miss this once in a lifetime Chico investment property centrally located in one of the most beautiful and beloved neighborhoods in Chico. This property has been designed as a luxury rental and/or Airbnb. Filled with beautiful furniture, appliances, and extra linens that maybe sold separately. This is perfect for anyone looking to buy a fully set up Airbnb. Guests will enjoy Saturday morning Farmer's Market, Bidwell Park, dinners in downtown , or coffee at the local coffee shop. When you enter this stunning home you will be greeted with beautiful wood floors that open to a large open floor plan with bay windows that look into a gorgeous English garden filled with natural light. The living room has plenty of room for entertaining with the formal dining room leading to the kitchen. The kitchen is open to the family room, laundry room and backyard where kids can play. This kitchen has it all: coffee bar, kitchen bar, built-in cabinets, TV, large refrigerator, ceilings fans and lots of upgrades for your modern living. All 5 bedrooms are beautifully decorated, spacious and provide additional built-ins for all your wardrobe or storage needs. The backyard has a secluded hot tub to relax after a long days work with twinkle lights, fire pit and a nice seating area to enjoy a beautiful starry night with loved ones and friends. It is great for entertaining or for privacy to enjoy your morning or evening beverage relaxing in the garden area. There is plenty of room inside and outside for the entire family to have their own space as well as a four-legged pet to roam around and play. This is a one investment property you don't want to miss out on. Call for a private viewing today.
  1. Listed by Sandy Stoner • DRE #01131795 • Brokerage DRE #01912741 • Century 21 Select Real Estate, Inc. • 530-514-5555

Property Details for 498 East Sacramento Avenue

View
Neighborhood, Trees/Woods
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2200
LISTING UPDATED: 11/07/2024 08:52 AM

Property Details for 498 East Sacramento Avenue

StatusActive
MLS #SN24185271
Days on Compass73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.14 AC / 6,098 SF
CountyButte County

Building Information for 498 East Sacramento Avenue

Stories2Residences-Year Built1948Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 498 East Sacramento Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $49,600
  • Gross Scheduled Income: $49,600
  • Net Operating Income: $30,342
  • Cap Rate: 7.7
Expense Details
  • Operating Expense: $19,258
  • New Taxes Expense: $4,108
  • Gardener Expense: $2,640
  • Electric Expense: $3,380
  • Insurance Expense: $2,112
  • Other Expense: $3,368
  • Other Expense Description: Repairs
  • Trash Expense: $501
  • Water Sewer Expense: $420
  • Total Expenses: $16,529
Tax / Assessment Info
  • Tax Block: 7
  • Tax Census Tract: 7.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 9
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Equipment: Dishwasher, Microwave, Refrigerator, Room, Washer Hookup
  • Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Track Lighting
  • Room Type: Basement, Family Room, Living Room, Primary Bathroom, Primary Bedroom
  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Carpet, Vinyl, Wood
Exterior Features
  • Window Features: Double Pane Windows, Drapes
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Average Condition, Wood
  • Foundation Details: Raised
  • View Description: Trees/Woods
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Treed Lot, Yard
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Driveway, Public, RV Possible
  • Parking Garage Spaces: 0
  • Carport Spaces: 1
  • Parking Features: Carport, Attached Carport, Covered, Driveway, Public, RV Potential
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $5,700
  • Unit Type Total Rent: $51,300
  • Unit Type Pro Forma: 5700
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Number With Disposal: 1

Property History for 498 East Sacramento Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 498 East Sacramento Avenue

Taxable ValueLand$176,868Additions$400,554Total$577,422
Tax Record2024$6,382 ($532 / month)
Home Facts
Beds5Baths1Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtStories2Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1948ZoningR1CountyBUTTEAPN003-114-002-000

Schools near 498 East Sacramento 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
Public - K to 5
Rating
School
Distance
Citrus Avenue Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Hooker Oak Elementary School
PublicK to 5

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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498 East Sacramento Avenue is a multi-family home for sale in Chico, CA 95926. This property was listed for sale on September 5, 2024 by Century 21 Select Real Estate, Inc., it's currently listed at $599,000. It has been on the market for a total of 73 days and was last sold on October 28, 2021. This listing's school district is Chico Unified School District. Nearby schools include Citrus Avenue Elementary School, Chico Junior High School and Chico High School. 498 East Sacramento Avenue is a 5-bed, 3-bath, 2,200 sqft multi-family home built in 1948.

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 Century 21 Select Real Estate, Inc., Sandy Stoner, DRE #01131795

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.