609 Rancheria Drive

Chico, CA 95926

$1,395,000
Price
15
Beds
10
Baths
8,160 Sq. Ft.
$171 / Sq. Ft.
8,160
Sq. Ft.
$171
per Sq. Ft.

Description

Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. The upstairs bedrooms are very large 12'.6" x 16', each with two closets. Dual pane windows were installed in 2007, upgraded Levolor blinds for all windows in 2017 and new roof in 2013. There are very few owner expenses with...Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. The upstairs bedrooms are very large 12'.6" x 16', each with two closets. Dual pane windows were installed in 2007, upgraded Levolor blinds for all windows in 2017 and new roof in 2013. There are very few owner expenses with tenants paying water, gas and electricity.
  1. Listed by John Barroso • DRE #01434090 • Brokerage DRE #02065919 • Parkway Real Estate Co. • 530-570-8489

Property Details for 609 Rancheria Drive

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
8160
LISTING UPDATED: 08/30/2024 11:41 PM

Property Details for 609 Rancheria Drive

StatusActive
MLS #SN24051664
Days on Compass251
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.21 AC / 9,148 SF
CountyButte County

Building Information for 609 Rancheria Drive

Stories2Residences-Year Built1968Building Size-Lot Size0.21 AC / 9,148 SF

Property Information for 609 Rancheria Drive

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $105,840
  • Gross Scheduled Income: $105,840
  • Net Operating Income: $94,592
  • Number Of Rented Garages: 0
Expense Details
  • Operating Expense: $11,248
  • Gardener Expense: $1,500
  • Insurance Expense: $8,468
  • Maintenance Expense: $1,200
  • Professional Management Expense: $0
  • Trash Expense: $1,280
  • Total Expenses: $11,248
Tax / Assessment Info
  • Tax Census Tract: 6.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, Inside, Refrigerator, Washer, Washer Included
  • Interior Features: Ceiling Fan(s), Granite Counters, Tile Counters
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Multi-Level Bedroom
  • Bedroom Features: Main Floor Bedroom, Multi-Level Bedroom
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Carpet, Tile
Exterior Features
  • Window Features: Double Pane Windows
  • Roof: Flat, Tar/Gravel
  • Entry Location: 1
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Paved, Sprinkler System, Treed Lot
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, On Site
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,764
  • Unit Type Total Rent: $1,764
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,764
  • Unit Type Total Rent: $1,764
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,764
  • Unit Type Total Rent: $1,764
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,764
  • Unit Type Total Rent: $1,764
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,764
  • Unit Type Total Rent: $1,764
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Number With Disposal: 5

Property History for 609 Rancheria Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 609 Rancheria Drive

Taxable ValueLand$217,980Additions$559,325Total$777,305
Tax Record2024$8,619 ($718 / month)
Home Facts
Baths2Total Finished SqFt6,800 SqFtAbove Grade Finished SqFt6,800 SqFtStories2Lot Size9,147 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1975ZoningR3CountyBUTTEAPN043-180-029-000

Schools near 609 Rancheria Drive

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 - 9 to 12
Rating
School
Distance
Citrus Avenue Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Inspire School of Arts and Sciences
Charter9 to 12

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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609 Rancheria Drive is a multi-family home for sale in Chico, CA 95926. This property was listed for sale on March 15, 2024 by Parkway Real Estate Co., it's currently listed at $1,395,000. It has been on the market for a total of 251 days and was last sold on November 14, 2014. 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. 609 Rancheria Drive is a 15-bed, 10-bath, 8,160 sqft multi-family home built in 1968.

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 Parkway Real Estate Co., John Barroso, DRE #01434090

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.