Movoto Real Estate
Sold on 07/12/2024

638 W 1st Ave, Chico, CA 95926

$330,000

Last sold 07/12/2024 after 841 Days

  • 2

    bed

  • 1

    bath

Multi-family not for sale

About 638 W 1st Ave

Property type Multi-family
Neighborhood
Year built 1927
HOA fee $0/month
Lot size 6,098 Sqft
Rental estimate
Property description
Two units on one lot within a very short distance to Chico State. Excellent opportunity to acquire an affordable, turn-key multi-unit property in Chico! It would make a fantastic parent/student investment. Live in one, rent the other! The front home is a charming 2 bedroom, 1 bath with the requisite white picket fence and adorable covered front porch. Move in and market ready with dual pane windows, spacious eat-in kitchen, tile flooring, and tons of updates. The permitted, detached studio in the rear has a ton of character and offers privacy. The shared rear yard is fully fenced and low maintenance. The main house is vacant, which allows the opportunity to set the rent at the current market rate. Plenty of off-street parking!
Listed by
Listing Agent - Sandi Bauman
Listing Office - Chico Homes Real Estate Sales, Inc.
Source: Metrolist Services,Inc. mls logo
MLS#224047072 • last updated 2 years ago
Movoto checked Metrolist Services,Inc. for data 9 minutes ago
Overview
Cooling/AC Central
Heating Central
Levels/Style 1, 1
SubType Duplex
Status Closed
Type Residential Income
Lot Size (Acres) 0.14
Lot Size (SqFt) 6098
Year Built 1927
Interior
Laundry Laundry Closet
Exterior
Construction Wood Siding
Roof Composition
Foundation Raised, Slab
# Parking Spaces 4
Parking Desc Off Street, Street
Lot Desc Curbs/Gutters
Irrigation None
Amenities / Utilities
Water Source Public
Utilities City
Sewer/ Septic Public Sewer
Miscellaneous Fenced Yard
Location
Area 12548
County Butte
School County Butte
School 2 Chico Unified
School 3 Chico Unified
School 1 Chico Unified
APN 43170023000
Directions Esplanade To W 1st Ave
Zoning R3
Multifamily Details
# of Studio Units 1
Unit 1: # Full Baths 1
Unit 1: # Beds 2
Unit 2: Type Studio
2-BR Rent Range 1275
Studio Rent Range 762
Unit 2 Lease Term Less Than 12 Months
Unit 2 Occupancy Tenant
Unit 1: Occupancy Vacant
Unit 1: # Of Rooms 5
# Of Units Total 2
# Of 1 Bedroom Units 1
# Of 2 Bedroom Units 1
# of Studios Occupied 1
Total # Of Buildings 2
Income Includes Rent Only
Lot/ Land Details
Topography Level
Rental est.: $1,192/month
Gross rent multiplier: 23.1
  • Jul 2024
    mls logo MLS # SN24080116
  • Jul 8, 2024 Sold
    $330,000 (+0.3%)
  • Jun 21, 2024 Pending
    —
  • Jun 4, 2024 Active
    —
  • May 24, 2024 Price Change
    $329,000 (-8.4%)
  • Apr 22, 2024 Listed
    $359,000 (+191.9%)
  • Jun 2024
    mls logo MLS # 224047072
  • Jun 9, 2024 Pending
    —
  • Jun 9, 2024 Pending Bring Backup
    —
  • May 5, 2024 Listed
    $359,000
  • Jan 2014
    mls logo MLS # CH13156742
  • Jan 31, 2014 Sold
    $123,000
  • Aug 6, 2013 Listed
    $120,000
  • Jan 2014
    mls logo MLS # CH13156737
  • Jan 31, 2014 Sold
    $123,000 (+2.5%)
  • Aug 6, 2013 Listed
    $120,000 (-38.8%)
  • Jul 2003
    mls logo MLS # ML80315377
  • Jul 29, 2003 Sold
    $196,000 (+8.9%)
  • Mar 18, 2003 Listed
    $179,900
  • Year Property taxes Tax assessment
  • 2024
    $1,903 +1.2%
    $330,000 +98.65%
  • 2023
    $1,880 +1.7%
    $166,124
  • 2022
    $1,848 +1.9%
    $166,124 +4.04%
  • 2021
    $1,814 +0.3%
    $159,676
  • 2020
    $1,809
    $159,676
  • 638 W 1st Ave
    $330K
  • 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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