Movoto Real Estate
Sold on 04/20/2022
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1175 E 8th St, Chico, CA 95928

$560,000

Last sold 04/20/2022 after 71 Days

  • —

    bed

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    bath

Multi-family not for sale

About 1175 E 8th St

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 0.26 Acre
Rental estimate
Property description
Great rental history with this centrally located multi unit complex, just a short walk or bike ride from downtown and lower Bidwell park. The property consists of two structures with a total of Five (5) units. The front house has units one through three(3); which consists of one 2 bedroom, 1 bath and two 1 bedroom, 1 bath units. The back house, consists of two(2) units; both units are 1 bedroom and 1 bath. The owners put a new roof on the front house in 2019 and put down a fresh layer of rock to enhance the driveway to the back units and the parking for the front house tenants. This is a great opportunity to own a low vacancy complex with a happy tenant base.
Listed by
Listing Agent - John Barroso
Listing Office - Parkway Real Estate Co.
Source: CRMLS mls logo
MLS#SN22025329 • last updated 4 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style Multi/Split
Type Residential Income
Status Closed
Lot Size (Acres) 0.26
Lot Size (SqFt) 11326
Year Built 1947
Interior
Laundry None
Flooring Carpet
Appliances Electric Oven, Electric Range, Refrigerator
Interior Features Ceiling Fan(s)
Exterior
Building Area Square Feet, 3469
Roof Composition
Parking Driveway, Gravel, Off Street
Lot Description Walkstreet
Amenities / Utilities
Sewer/ Septic Conventional Septic
Water Source Public
Spa None
Pool None
Location
View Neighborhood
County Butte
Community Features Curbs, Sidewalks, Street Lights
Zoning AR
Directions On E. 8th Street After Bartlett St And Before Linden St On The Left Side Of The Street.
APN 4331002000
Multifamily Details
Expense: Trash 1280
Operating Expense 19115
Total Expenses 19115
Expense: Maintenance 1707
Expense: Water/ Sewer 614
Gross Income 46200
Gross Scheduled Income 46200
Expense: Supplies 264
Rental est.: $662/month
Gross rent multiplier: 70.5
  • Apr 2022
    Public Records
  • Apr 20, 2022 Sold
    $560,000
  • Apr 2022
    mls logo MLS # SN22025329
  • Apr 20, 2022 Sold
    $560,000 (-3.3%)
  • Feb 28, 2022 Pending
    —
  • Feb 8, 2022 Listed
    $579,000 (+38.0%)
  • May 2016
    mls logo MLS # CH16114748
  • May 28, 2016 Listed
    $419,500
  • Year Property taxes Tax assessment
  • 2024
    $6,463 +1.2%
    $594,091 +4.02%
  • 2023
    $6,388 +160.3%
    $571,140
  • 2022
    $2,454 +1.9%
    $571,140 +168.67%
  • 2021
    $2,407 +0.3%
    $212,583
  • 2020
    $2,401
    $212,583
  • 1175 E 8th St
    $560K
  • East Streets
    $359K
  • 95928
    $469K -3% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Parkview Elementary School
public Grades K-5
Chico Unified School District
6/10
Chico Junior High School
public Grades 6-8
Chico Unified School District
8/10
Chico High School
public Grades 9-12
Chico Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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