Chico, CA 95928 536 W 3rd Street
$1,426,000
5 more
Presented By: Carrie Welch with Capital Rivers Commercial Inc; 530-570-5107
- MLS# SN25143631
- 06/26/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 1
SQFT • 3,415
Home Details
536 W?3rd?Street, Chico, CA is a two-story, fully-leased investment opportunity just one block from California State University, Chico. As part of the distinguished Language Houses, the property features original mahogany flooring, built-in elements, and historic architectural charm. The multi-tenant building offers consistent annual rental increases and a history of early pre-leasing typically reaching full occupancy by January for summer move-in. Amenities include off-street parking and in-unit coin-operated laundry, ensuring both tenant convenience and strong investor appeal. Property can be purchased with 544 W 3rd St or separately.
Presented By: Carrie Welch with Capital Rivers Commercial Inc; 530-570-5107
Interior Features for 536 W 3rd Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 536 W 3rd Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.5
Carport Y/NNo
CityChico
Community FeaturesGutters, Sidewalks
CoolingCentralAir, WallWindowUnits
CountyButte
DirectionsCorner of W 3rd & Hazel - Second house
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income101725.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1314.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet5663.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income78374.0
New ConstructionNo
Number Of Units Total1
Operating Expense23351.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories Count2
Tax Lot5, 6
Tenant PaysAllUtilities
Trash Expense346.0
Water Sewer Expense0.0
Year Built1999
Year Built SourcePublicRecords
Exterior for 536 W 3rd Street
Building Area Total3415.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped, Level, Walkstreet
Lot Size Acres0.13
Lot Size Area5663.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesOffStreet
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate