765 Humboldt Avenue

Chico, CA 95928

$925,000
Price
7
Beds
6
Baths
2,691 Sq. Ft.
$344 / Sq. Ft.
2,691
Sq. Ft.
$344
per Sq. Ft.

Description

Black and White Perfection: Elevate Your Investment Game Today! Discover an incredible investment opportunity with this stylish black and white residential income property featuring six updated units. You'll find five chic 1-bedroom units and a detached 2-bedroom unit, each freshly painted and boasting sleek fixtures, flooring, and a modern color scheme. Unit 1 charms with a ground-level front patio, while Units 2 and 3 offer cozy upstairs living in the main house. Units 4 and 5 nestle at the rear,...Black and White Perfection: Elevate Your Investment Game Today! Discover an incredible investment opportunity with this stylish black and white residential income property featuring six updated units. You'll find five chic 1-bedroom units and a detached 2-bedroom unit, each freshly painted and boasting sleek fixtures, flooring, and a modern color scheme. Unit 1 charms with a ground-level front patio, while Units 2 and 3 offer cozy upstairs living in the main house. Units 4 and 5 nestle at the rear, with the detached rear unit offering serene views backing up to the Little Chico Creek area. Ample on-site and street parking, along with separate gas and electric meters for each unit, make tenant management a breeze. Just a short ride from downtown, tenants will relish the convenience of nearby shopping, restaurants, and pubs. Don’t miss out on adding this property to your portfolio!
  1. Listed by Matt Depa • DRE #01861484 • Brokerage DRE #01996441 • Re/Max of Chico • 530-896-9300
  2. Listed by Steve Depa • DRE #00813533 • Brokerage DRE #01996441 • Re/Max of Chico

Property Details for 765 Humboldt Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2691
Assessor Parcel Number
004450009000
Property Attached YN
true
LISTING UPDATED: 08/15/2024 09:03 AM

Property Details for 765 Humboldt Avenue

StatusActive
MLS #SN24123348
Days on Compass65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1885
CountyButte County

Building Information for 765 Humboldt Avenue

Building/Complex765 Humboldt AveFloor-Stories2Residences-Pet Policy-Year Built1885Building Size-

Property Information for 765 Humboldt Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $7,330
  • Gross Scheduled Income: $87,960
  • Net Operating Income: $64,575
Expense Details
  • Operating Expense: $23,385
  • New Taxes Expense: $10,687
  • Fuel Expense: $0
  • Electric Expense: $150
  • Insurance Expense: $4,000
  • Professional Management Expense: $2,048
  • Trash Expense: $2,000
  • Water Sewer Expense: $4,500
  • Total Expenses: $23,385
Tax / Assessment Info
  • Tax Census Tract: 10.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 4
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • 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: $1,200
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 1250
  • 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: $1,180
  • Unit Type Total Rent: $14,160
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 2
Unit 3
  • 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: $1,200
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 3
Unit 4
  • 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: $1,200
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 4
Unit 5
  • 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: $1,200
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 5
Unit 6
  • 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: $1,350
  • Unit Type Total Rent: $16,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 765 Humboldt 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 765 Humboldt Avenue

Taxable ValueLand$180,000Additions$455,000Total$635,000
Tax Record2023$2,996 ($250 / month)
Home Facts
Baths1Total Finished SqFt2,151 SqFtAbove Grade Finished SqFt2,151 SqFtStories2Lot Size10,018 SqFtStyleMulti-Family Res (5+ Units)Year Built1885Year Renovated1930ZoningR3CountyBUTTEAPN004-450-009-000

Schools near 765 Humboldt 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
Parkview Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

765 Humboldt Avenue is a multi-family home for sale in Chico, CA 95928. This property was listed for sale on June 18, 2024 by Re/Max of Chico, it's currently listed at $925,000. It has been on the market for a total of 65 days and was last sold on October 16, 2023. This listing's school district is Chico Unified School District. Nearby schools include Parkview Elementary School, Chico Junior High School and Chico High School. 765 Humboldt Avenue is a 7-bed, 6-bath, 2,691 sqft multi-family home built in 1885.

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 Re/Max of Chico, Matt Depa, DRE #01861484; Re/Max of Chico, Steve Depa, DRE #00813533

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.