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1024 Esplanade, Chico, CA 95926

$714,800

Last sold 09/21/2020 for $770K

—
bed
—
bath
3,759
Sqft ($205/Sqft)

Multi-family not for sale

About 1024 Esplanade

Property type Multi-family

Neighborhood

Year built 1911

HOA fee $0/month

Lot size 10,018 Sqft

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

Great opportunity to invest in Chico! The main home would be perfect for an office building, offering 5 bedrooms, 1.5 baths, 2,159 sq ft built in the early 1900'. With the charm of yesterday located on one of Chico's iconic streets, great street location! Back units offer a well appointed 2 bed/ 1 bath, granite counters, skylight, laundry closet, with 10 x 20 covered Veranda (covered patio), open floor plan. Downstairs offers a studio style room with private bath that is handicap accessible. Home, Studio & Apartment have all had great rental history. A bonus is the over sized 2 car garage space with an office area that could work well for bikes or motorcycle garage space, along with 7 parking spaces, Attached to the garage is an additional laundry room. Use permit filed has many uses, look in supplements in MLS. Seller just installed new roof and new HVAC downstairs on the main home!!

Listed by

Listing Agent - Teresa Larson

Listing Office - Century 21 Select Real Estate, Inc.

Source: CRMLS

MLS#SN20127371 • last updated 6 years ago

Movoto checked CRMLS for data 5 minutes ago

Overview
Levels/Style	Two, Craftsman
SubType	Commercial/Residential
Status	Closed
Lot Size (Acres)	0.23
Lot Size (SqFt)	10018
Year Built	1911
Condition	Turnkey

Interior
Appliances	Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Portable Dishwasher, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Heater, Water Line To Refrigerator
Interior Features	Attic Fan, Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Storage, Sump Pump, Tile Counters, Wainscoting
Accessibility Features	32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Grab Bars In Bathroom(s), No Interior Steps, Parking
Window Features	Bay Window(s), Double Pane Windows, Drapes, Screens

Exterior
Foundation	Concrete Perimeter, Slab
Construction	Wood Siding
Building Area	Square Feet, 3759
Roof	Composition
Parking	Direct Garage Access, Garage, Garage Faces Front, Garage Door Opener, On Site, Parking Space, RV Potential, Side By Side, Street
# Uncovered Spaces	7
# Parking Spaces	9
# Garage Spaces	2
Other Structures	Two On A Lot
Lot Description	Back Yard, Front Yard, Landscaped, Lawn, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer

Amenities / Utilities
Fireplaces	Dining Room
Sewer/ Septic	Public Sewer
Water Source	Public
Electric	Electricity - On Property
Inclusions	See Supplements
Spa	None
Pool	None

Location
View	Neighborhood
County	Butte
Community Features	Curbs, Gutters, Sidewalks, Storm Drains, Suburban
Zoning	OR
Directions	Near E Sacramento Ave
APN	3104014000

Multifamily Details
Expense: Trash	780
Operating Expense	27500
Cap Rate	6.02
Expense: Insurance	4000
Total Expenses	27500
Expense: Water/ Sewer	2100
Expense: Electric	6600
Gross Scheduled Income	75644
Expense: Gardener	1440