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Sold on 01/22/2025
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1814 Laurel St, Chico, CA 95928

$411,600

Last sold 01/22/2025 for $400K

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Multi-family not for sale

About 1814 Laurel St

Property type Multi-family
Year built 1951
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Rental estimate
Property description
OWNER-CARRY OPPORTUNITY! Attention seasoned and new investors! Don't miss this fantastic opportunity to expand your portfolio with this income-generating property. Located just a few blocks from restaurants and shopping, easy freeway access, and close proximity to Historic Downtown Chico, this property is a prime rental investment. Property features two separate units, each with its own access and fully fenced yards. The charming front unit is a spacious 2 bedroom, 1 bathroom home with 1,260 sq. ft of living space. Throughout this home, you'll discover ample natural light streaming in through the windows, refinished hardwood flooring and recently updated mosaic tiles, an indoor laundry room (a HUGE convenience for tenants), and the sizable primary bedroom offers a walk-in closet. The second unit features 1 bedroom, and 1 bathroom and is approximately 482 sq. ft with a beautifully landscaped yard with a secure parking space behind a gate with alley access. Inside you'll discover a nicely updated, cozy, and inviting interior with vaulted ceilings, ceiling fans, dual pane windows, and a gas fireplace to keep the space warm on those chilly Chico nights. Both units have tenants with leases going into 2025! This property is not just an investment, but a strategic addition to your portfolio with its reliable income stream and close proximity to Chico's amenities. Seize the opportunity and take the next step in building on your financial future! Also listed under Residential listings (#SN24193096).
Listed by
Listing Agent - Kiersten Morgan
Listing Agent Contact: 530-680-8884
Listing Office - Crane Realty
Source: CRMLS mls logo
MLS#SN24121714 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.13
Lot Size (SqFt) 5662.8
Year Built 1951
Interior
Appliances Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
Interior Features Built-in Features, Ceiling Fan(s), Formica Counters, Granite Counters, Open Floorplan, Storage
Accessibility Features None
Window Features Blinds, Double Pane Windows, Screens
Exterior
Foundation Concrete Perimeter, Slab
Building Area Square Feet, 1742
Parking Driveway, Driveway Level, Gated, Street
Lot Description Back Yard, Front Yard, Level With Street, Rectangular Lot, Near Public Transit, Park Nearby, Yard
Amenities / Utilities
Fireplaces Living Room, Gas, Raised Hearth
Sewer/ Septic Public Sewer
Water Source Public
Electric 220 Volts In Laundry
Inclusions Refrigerator
Spa None
Pool None
Location
View Neighborhood
County Butte
Community Features Gutters, Park
Zoning R-2
Directions From Mulberry St, Turn Right Onto E. 18th St, Turn Right Onto Laurel St, Home (Front Unit) Is On The Right
APN 5241009000
Multifamily Details
Gross Income 2375
Gross Scheduled Income 2375
Lot/ Land Details
Road Frontage City Street
$411K
Range: $378K-$444K
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 50.4
  • Jan 2025
    mls logo MLS # SN24121714
  • Jan 22, 2025 Sold
    $400,000
  • Dec 21, 2024 Pending
    —
  • Nov 20, 2024 Price Change
    $420,000 (-2.3%)
  • Sep 20, 2024 Price Change
    $430,000 (-2.3%)
  • Aug 10, 2024 Price Change
    $440,000 (+2.3%)
  • Jun 12, 2024 Listed
    $450,000 (+186.6%)
  • Jan 2025
    Public Records
  • Jan 22, 2025 Sold
    $400,000 (-4.8%)
  • Dec 2024
    mls logo MLS # SN24193096
  • Dec 21, 2024 Pending
    —
  • Jul 12, 2024 Listed
    $430,000 (-4.4%)
  • Jun 12, 2024 Listed
    —
  • Jun 2002
    Public Records
  • Jun 12, 2002 Sold
    $157,000
  • Year Property taxes Tax assessment
  • 2024
    $2,557 +1.2%
    $231,912 +2.0%
  • 2023
    $2,527 +1.6%
    $227,366 +4.04%
  • 2022
    $2,488 +2.1%
    $218,539
  • 2021
    $2,438 +0.2%
    $218,539 +2.0%
  • 2020
    $2,433
    $214,255
  • 1814 Laurel St
    $400K
  • —
  • 95928
    $469K -3% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
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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