Chico, CA 95928 1340 W 4th Street

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Presented By: Suzanne Peters with EXP Realty of Northern California, Inc.; 9166420864
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SN25097026
  • 05/02/2025
  • 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 • 16
  • Baths • 8
  • SQFT • 5,600

Home Details

Prime Quadplex Near Chico State – Updated & Fully Leased This meticulously renovated quadplex offers four spacious 4-bedroom, 2-bathroom units, featuring granite countertops, wood plank style flooring and each featuring in-unit laundry facilities, making it an ideal investment opportunity in the heart of Chico. Situated just minutes from California State University, Chico, ensuring high demand from students. This location is also close to bus stops and a short distance to restaurants, shopping, and convenience stores. All units are currently leased, offering immediate rental income. This quadplex combines modern living with a strategic location, making it a must-see for investors seeking a reliable income-generating property.
Presented By: Suzanne Peters with EXP Realty of Northern California, Inc.; 9166420864

Interior Features for 1340 W 4th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesElectricDryerHookup, GasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 1340 W 4th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityChico
Community FeaturesBiking, Fishing, Golf, Hiking, Park
ContingencyBuyer to participate in 1031 exchange
CountyButte
Directionsbetween Ash and Hickory
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income89709.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet12197.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income66151.0
New ConstructionNo
Number Of Units Total4
Operating Expense23558.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot1
Trash Expense500.0
Waterfront Y/NNo
Year Built1991
Year Built SourceAssessor
ZoningR3

Exterior for 1340 W 4th Street

Building Area Total5600.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, SprinklerSystem
Lot Size Acres0.28
Lot Size Area12197.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,325,000
MLS#SN25097026
List Date 05/02/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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