Chico, CA 95926 1122 Stewart Avenue

1122 Stewart Avenue Chico, CA - Image 11122 Stewart Avenue Chico, CA - Image 21122 Stewart Avenue Chico, CA - Image 3
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1122 Stewart Avenue Chico, CA - Image 41122 Stewart Avenue Chico, CA - Image 51122 Stewart Avenue Chico, CA - Image 61122 Stewart Avenue Chico, CA - Image 71122 Stewart Avenue Chico, CA - Image 81122 Stewart Avenue Chico, CA - Image 91122 Stewart Avenue Chico, CA - Image 101122 Stewart Avenue Chico, CA - Image 111122 Stewart Avenue Chico, CA - Image 121122 Stewart Avenue Chico, CA - Image 131122 Stewart Avenue Chico, CA - Image 141122 Stewart Avenue Chico, CA - Image 151122 Stewart Avenue Chico, CA - Image 161122 Stewart Avenue Chico, CA - Image 171122 Stewart Avenue Chico, CA - Image 181122 Stewart Avenue Chico, CA - Image 191122 Stewart Avenue Chico, CA - Image 201122 Stewart Avenue Chico, CA - Image 211122 Stewart Avenue Chico, CA - Image 221122 Stewart Avenue Chico, CA - Image 231122 Stewart Avenue Chico, CA - Image 241122 Stewart Avenue Chico, CA - Image 251122 Stewart Avenue Chico, CA - Image 261122 Stewart Avenue Chico, CA - Image 271122 Stewart Avenue Chico, CA - Image 281122 Stewart Avenue Chico, CA - Image 291122 Stewart Avenue Chico, CA - Image 301122 Stewart Avenue Chico, CA - Image 311122 Stewart Avenue Chico, CA - Image 321122 Stewart Avenue Chico, CA - Image 331122 Stewart Avenue Chico, CA - Image 341122 Stewart Avenue Chico, CA - Image 351122 Stewart Avenue Chico, CA - Image 361122 Stewart Avenue Chico, CA - Image 371122 Stewart Avenue Chico, CA - Image 381122 Stewart Avenue Chico, CA - Image 391122 Stewart Avenue Chico, CA - Image 401122 Stewart Avenue Chico, CA - Image 41
Presented By: Michael Lee with Ryno Company; 5305703222
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SN24217204
  • 10/19/2024
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 4
  • SQFT • 2,489

Home Details

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential. Key Features: • 4 units with functional layouts • Prime location near Chico State, shopping, and dining • Strong rental history with excellent income potential • Off-street parking and shared outdoor spaces • Ideal for investors seeking stable, long-term returns • Potential to add an additional unit at the rear of the property (utilities already trenched) • Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms • New mini split air conditioning (3 years old) in each unit • Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
Presented By: Michael Lee with Ryno Company; 5305703222

Interior Features for 1122 Stewart Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Interior AmenitiesCeilingFans, OpenFloorplan, WalkInClosets
Total Stories1

Other Rooms

Entry Level1

General for 1122 Stewart Avenue

Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher, GasOven, Microwave, Refrigerator, WaterHeater, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityChico
Community FeaturesBiking, StreetLights, Sidewalks, Urban
CoolingDuctless
CountyButte
Current FinancingConventional
DirectionsFrom Hwy 32, turn left on Stewart, property is on the right.
Electric Expense120.0
Electric On Property Y/NNo
Entry LocationFront
Expected Active Date 2024-10-21
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingDuctless
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, Conventional
Lot Size Square Feet13068.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income47481.0
New ConstructionNo
Number Of Units Total4
Operating Expense28959.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot39
Trash Expense1200.0
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1908
Year Built SourcePublicRecords
ZoningR1

Exterior for 1122 Stewart Avenue

Building Area Total2489.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, NearPublicTransit, Paved, RectangularLot, StreetLevel
Lot Size Acres0.3
Lot Size Area13068.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesGravel, OffStreet, Paved
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,049,000
MLS#SN24217204
List Date 10/19/2024
Property Type Multi-Family
Phone 714.742.6515
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