Movoto Real Estate
Sold on 05/02/2024
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1360 Palm Ave, Chico, CA 95926

$506,000

Last sold 05/02/2024 for $500K

  • —

    bed

  • —

    bath

Multi-family not for sale

About 1360 Palm Ave

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Rental estimate
Property description
Embrace the charm and practicality of this inviting triplex, nestled in the serene Avenues neighborhood. Each of the three units within this property offers a spacious layout, featuring three bedrooms and one bathroom, all designed with a consistent floor plan that maximizes both comfort and utility for its residents. Residents on the ground floor units delight in private yards, perfect for relaxation or casual outdoor gatherings, and the entire property benefits from low-maintenance landscaping, allowing for effortless enjoyment of the outdoor spaces. Comfort & convenience is further enhanced by central heat & air and on-site coin-operated laundry facilities, with ample off-street parking... A great find in such a sought-after location. Situated in a neighborhood known for its easy access to local amenities, this triplex is just a short jaunt to shops, dining, and entertainment options, making it an ideal investment for those seeking a blend of lifestyle and location. Perfect for investors or those looking for a multi-family property, this triplex offers simplicity, convenience, and the timeless appeal of the Avenues. Don’t miss out on this opportunity!
Listed by
Listing Agent - Steve Depa
Listing Agent Contact: 530-896-9339
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN24063659 • last updated 2 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.18
Lot Size (SqFt) 7841
Year Built 1984
Interior
Laundry Community
Exterior
Building Area Square Feet, 2838
Lot Description No Landscaping
Amenities / Utilities
Fireplaces None
Sewer/ Septic Conventional Septic
Water Source Public
Pool None
Location
County Butte
Community Features Urban
Zoning R1
Directions Bewtween E 3rd Ave & E 4th Ave
APN 3444016000
Multifamily Details
Expense: Trash 468
Operating Expense 8532
Expense: Insurance 1800
Total Expenses 8532
Expense: Water/ Sewer 392
Gross Income 3620
Expense: Electric 416
Gross Scheduled Income 43440
$506K
Range: $460K-$551K
Last 30 days 
Rental est.: $786/month
Gross rent multiplier: 53.0
  • May 2024
    mls logo MLS # SN24063659
  • May 2, 2024 Sold
    $500,000
  • Apr 15, 2024 Pending
    —
  • Apr 3, 2024 Listed
    $485,000
  • May 2024
    Public Records
  • May 2, 2024 Sold
    $500,000 (+3.1%)
  • Year Property taxes Tax assessment
  • 2024
    $2,861 +1.2%
    $510,000 +97.89%
  • 2023
    $2,827 +1.7%
    $257,721 +4.04%
  • 2022
    $2,781 +1.9%
    $247,716 +2.0%
  • 2021
    $2,729 +0.3%
    $242,860
  • 2020
    $2,721 +1.8%
    $242,860 +1.04%
  • 2019
    $2,672 +1.9%
    $240,371 +2.0%
  • 2018
    $2,623
    $235,659
  • 1360 Palm Ave
    $500K
  • The Avenues
    $384K -14% y/y
  • 95926
    $419K -2% y/y
  • Chico
    $489K +3% y/y
No chart available
Statistics calculated by Movoto

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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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