Chico, CA 95928 1340 W 4th Street
$1,325,000
18 more
Presented By: Suzanne Peters with EXP Realty of Northern California, Inc.; 9166420864
Beds • 16
Baths • 8
SQFT • 5,600
Year Built • 1991
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 Income91480.0
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 Income60318.8
New ConstructionNo
Number Of Units Total4
Operating Expense31162.0
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 Expense4220.0
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
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,325,000
MLS#SN25097026
List Date
05/02/2025
Property Type
Multi-Family
Phone
(310) 963-5595
