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$950,000   Price Analysis
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765 Humboldt Ave
Chico, CA 95928
7 bed 6 bath 2,691 SqFt ($353/SqFt)
0.23 acre lot. Built 1885
Listed 2024-06-18, Taxes $2,995
Ⓧ USDA Ineligible
due to price & location

near Chico

Black and White Perfection: Elevate Your Investment Game Today!

* Sale Pending *

Discover an incredible investment opportunity with this stylish black and white residential income property featuring six updated units. Yu'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 C hico 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. Dont miss out on adding this property to your portfolio!


Presented by Matthew Depa at
REMAX Of Chico.
Listing Agent Photo

Property MLS #SN24123348 from CRMLS

Bedrooms: 7

Full Bathrooms: 6

Lot Description: Rectangular Lot
Lot Size Acres: 0.23
Lot Size Source: Assessor
Lot Size Square Feet: 10019

Number of Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1

Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Pending
County: Butte
Source Property Type: Residential Income
Insurance Expense: 4000.00
New Taxes Expense: 10687.00
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 004450009000
Postal Code Plus 4: 5872
Professional Management Expense: 2048.00
Trash Expense: 2000.00
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$182,479 + $79,647
$262,126
$2,995
2022$178,901 + $78,086
$256,987
$2,948
2021$175,394 + $76,555
$251,949
$2,890
2020$173,596 + $75,771
$249,367
$2,885
2019$170,193 + $74,286
$244,479
$2,836
2018$166,856 + $72,830
$239,686
$2,784
2017$163,585 + $71,402
$234,987
$2,723
2016$160,378 + $70,002
$230,380
$2,490
2015$157,969 + $68,951
$226,920
$2,489
2014$154,875 + $67,601
$222,476
$2,435
2013$154,176 + $67,296
$221,472
$2,457
2012$151,153 + $65,977
$217,130
$2,307
2010$148,190 + $64,684
$212,874
$2,277
2009$147,433 + $64,354
$214,287
$2,318
2009$147,083 + $64,201
$213,784
$2,318
2008$144,543 + $63,093
$210,136
$2,250
2007$141,709 + $61,856
$206,065
$2,176

Listed 2024-06-18
$950,000
CRMLS
Sold 2023-10-16
$622,500
CRMLS
Listed 2023-07-14
$699,000
CRMLS
Sold 2000-11-01
$196,500
Public Record
Sold 1998-08-31
$140,000
Public Record

Net Operating Income: 64575.00

Total Square Feet Living: 2691
Year Built: 1885
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 139
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 150.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 4500.00
Water Source: Public

Chico Junior High School is a public middle school located approximately 0.7 miles away.
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Chico High School is a public high school located approximately 1.1 miles away.
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Parkview Elementary School is a public elementary school located approximately 1.2 miles away.
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American Christian Academy - Ext is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.