Movoto Real Estate
Sold on 09/14/2012
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724 W 2nd Ave, Chico, CA 95926

$600,000

Last sold 09/14/2012 after 190 Days

  • —

    bed

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    bath

Multi-family not for sale

About 724 W 2nd Ave

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Lot size 0.52 Acre
Rental estimate
Property description
This property consists of 11 units located in Chico CA. The property has a 3 bedroom 1 bath home in front, with apartments in the rear. All 10 apartments are three bedrooms, one bath units and consist of both upstairs and downstairs units. A laundry room is shared by all units located between the house and the apartments. Units have full kitchens equipped with dishwasher, range, stove and refrigerator. Property is located less than one mile from California State University Chico, which is approximately a 10 minute walk to campus. Property is near bus routes, and within a short bike or walking distance to downtown Chico.
Listed by
Listing Agent - Ryan Vaught
Listing Office - Ryan Vaught Real Estate
Source: CRMLS mls logo
MLS#CH12031850 • last updated 14 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two, Contemporary
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.52
Lot Size (SqFt) 22651
Year Built 1983
Interior
Laundry Community
Appliances Dishwasher, Microwave, Refrigerator
Exterior
Construction Other
Building Area 11504
# Parking Spaces 19
Location
County Butte
Directions Warner To 2nd, Or Cedar To 2nd
APN 43150046000
Multifamily Details
Vacancy Allowance 7
Expense: Trash 2100
Operating Expense 39772
Cap Rate 7.96
Expense: Insurance 2600
Expense: Maintenance 8750
Expense: Water/ Sewer 2000
Gross Income 8200
Gross Multiplier 6.61
Gross Scheduled Income 98400
Rental est.: $820/month
Gross rent multiplier: 61.0
  • Sep 2012
    mls logo MLS # CH12031850
  • Sep 17, 2012 Sold
    $600,000
  • Mar 8, 2012 Listed
    $650,000 (-33.0%)
  • Sep 2012
    Public Records
  • Sep 13, 2012 Sold
    $600,000 (-7.7%)
  • May 2003
    Public Records
  • May 16, 2003 Sold
    $970,000 (+19.8%)
  • Jul 2001
    Public Records
  • Jul 10, 2001 Sold
    $810,000
  • Year Property taxes Tax assessment
  • 2024
    $8,122 +1.2%
    $741,850 +4.02%
  • 2023
    $8,028 +1.7%
    $713,161
  • 2022
    $7,897 +1.9%
    $713,161 +1.99%
  • 2021
    $7,750 +0.3%
    $699,237 +3.04%
  • 2020
    $7,729
    $678,587
  • 724 W 2nd Ave
    $600K
  • 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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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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