Movoto Real Estate
Sold on 02/18/2025
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390 White Ave, Chico, CA 95926

$581,000

Last sold 02/18/2025 for $580K

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    bed

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    bath

Multi-family not for sale

About 390 White Ave

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Rental estimate
Property description
Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!
Listed by
Listing Agent - Alisha Simpkins
Listing Agent Contact: 530-354-4244
Listing Office - Keller Williams Realty Chico Area
Source: CRMLS mls logo
MLS#SN25015903 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.29
Lot Size (SqFt) 12632
Year Built 1979
Interior
Appliances Electric Oven, Electric Range, Free-Standing Range, Range Hood, Recirculated Exhaust Fan, Self Cleaning Oven, Water Heater
Interior Features Ceiling Fan(s), Laminate Counters, Living Room Balcony, Storage
Accessibility Features None
Window Features Blinds, Screens
Exterior
Foundation Slab
Building Area Square Feet, 3484
Roof Composition
Parking Paved, Driveway Level, Off Street, On Site, Parking Space, Unassigned, Uncovered
# Uncovered Spaces 8
# Parking Spaces 8
Lot Description Lawn, Level With Street, Rectangular Lot, Near Public Transit, Treed Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric 220 Volts In Laundry
Inclusions Stove/Oven, Coin-Operated Washer & Dryer.
Spa None
Pool None
Location
View Neighborhood
County Butte
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Zoning C2
Directions From East Ave, Turn Onto Connors Ave, Turn Left Onto Irene St, Turn Left Onto White Ave, Property Is On The Left.
APN 6290009000
Multifamily Details
Operating Expense 9696
Total Expenses 9696
Expense: Maintenance 4805
Gross Income 53280
Gross Operating Income 53280
Expense: Electric 242.11
Gross Scheduled Income 53280
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$581K
Range: $528K-$633K
Last 30 days 
Rental est.: $820/month
Gross rent multiplier: 59.0
  • Feb 2025
    mls logo MLS # SN25015903
  • Feb 18, 2025 Sold
    $580,000
  • Jan 25, 2025 Pending
    —
  • Jan 17, 2025 Listed
    $525,000
  • Feb 2025
    Public Records
  • Feb 18, 2025 Sold
    $580,000 (+10.5%)
  • Year Property taxes Tax assessment
  • 2024
    $2,829 +1.2%
    $259,302 +1.98%
  • 2023
    $2,796 +1.7%
    $254,258 +1.98%
  • 2022
    $2,750 +1.9%
    $249,313 +4.01%
  • 2021
    $2,699 +0.3%
    $239,710
  • 2020
    $2,691 +1.8%
    $239,710 +1.03%
  • 2019
    $2,643 +1.8%
    $237,274 +1.98%
  • 2018
    $2,595
    $232,662
  • 390 White Ave
    $580K
  • Connors
    $359K
  • 95926
    $419K +4% y/y
  • Chico
    $482K 0% y/y
No chart available
Statistics calculated by Movoto

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

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  • Real Estate
  • CA
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  • 390 White Ave
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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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