Movoto Real Estate
Sold on 02/25/2022
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1252 Warner St, Chico, CA 95926

$1,175,000

Last sold 02/25/2022 after 23 Days

  • —

    bed

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    bath

Multi-family not for sale

About 1252 Warner St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 9,583 Sqft
Rental estimate
Property description
What’s better than predictable cash flow in a fast-growing town? Don’t hesitate to act on this solid income-producing asset. Impeccable interior remodel allows tenants to live in luxury, without paying luxury prices. Absolutely turnkey and low maintenance, Water-efficient landscape, and minimal owner-paid PGE bill keeps expenses minimal and predictable. Just blocks away from Enloe hospital, Chico State, restaurants, and shopping. The scarcity of affordable studios, and sharply increasing demand makes this property a trophy asset that cannot be replicated. The strong Chico rental market has 2 colleges, the biggest hospital north of Sacramento, and a budding tech and startup scene. Chico is a hidden gem of California and is an ultra-attractive destination for young professionals and families moving outside of cities, seniors looking for a glorious retirement location, as well as students looking for an unparalleled college experience. Do not miss the opportunity to get in on a cash-flowing asset of this caliber, with management already in place will only make this a turnkey property that will pay dividends for years and years.
Listed by
Listing Agent - Steve Depa
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN22020165 • last updated 4 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.22
Lot Size (SqFt) 9583
Year Built 1980
Interior
Exterior
Building Area Square Feet, 3983
Lot Description No Landscaping
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Butte
Community Features Sidewalks
Zoning R3
Directions On Warner Between W 2nd Ave & W 4th Ave
APN 3051028000
Multifamily Details
Expense: Trash 1843
Operating Expense 39559
Expense: Insurance 2400
Total Expenses 39559
Expense: Maintenance 7886
Expense: Water/ Sewer 3690
Gross Income 9419
Expense: Electric 2103
Gross Scheduled Income 113028
Expense: Gardener 960
Rental est.: $820/month
Gross rent multiplier: 119.4
  • Feb 2022
    mls logo MLS # SN22020165
  • Feb 25, 2022 Sold
    $1,175,000
  • Feb 7, 2022 Pending
    —
  • Feb 2, 2022 Listed
    $1,150,000 (-11.2%)
  • Feb 2022
    Public Records
  • Feb 24, 2022 Sold
    $1,175,000 (+2.2%)
  • Oct 2020
    mls logo MLS # SN20211986
  • Oct 8, 2020 Listed
    $1,295,000 (+72.7%)
  • Jan 2018
    mls logo MLS # CH17194253
  • Jan 31, 2018 Sold
    $750,000
  • Jan 26, 2018 Sold
    $750,000 (-3.2%)
  • Oct 24, 2017 Pending
    —
  • Aug 22, 2017 Listed
    $775,000
  • Aug 22, 2017 Listed
    $775,000
  • Jan 2018
    Public Records
  • Jan 26, 2018 Sold
    $750,000
  • Year Property taxes Tax assessment
  • 2024
    $13,531 +1.2%
    $1,246,550 +1.99%
  • 2023
    $13,373 +48.3%
    $1,222,227 +52.02%
  • 2022
    $9,018 +1.9%
    $803,969
  • 2021
    $8,849 +0.3%
    $803,969 +1.99%
  • 2020
    $8,824
    $788,255
  • 1252 Warner St
    $1.17M
  • The Avenues
    $380K -11% y/y
  • 95926
    $419K +4% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Citrus Avenue 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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