SOLD 03/08/2024
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Commercial sold for $1,680,000 in 112 days
420 W 4th St Chico, CA, 95928
Off the market Other
This is a once in a life time opportunity to acquire a unique portfolio of properties located less than 2 blocks from the heart of Chico State University and downtown Chico. This standout investment opportunity features four single-family homes, encompassing a total of six units across four parcels, and is an ideal choice for those looking to diversify their investment portfolio in the real estate sector. These four Victorian homes have housed students for many years. Properties include a large private parking lot as an extra bonus. Built to last, these homes include beautiful hardwood floors, intricate woodworking details, and timeless character. Upgrades have been made over the years to all of the homes. Two of the houses had basement conversions to create bedrooms and two homes have large unfinished basements for extra storage. There may be additional room for another ADU behind one of the homes (buyer to verify). The location in this sought-after neighborhood drives strong rental demand, thanks to its close proximity to essential amenities, schools, and transportation. This investment is perfectly suited for both seasoned and first-time investors, offering a unique blend of the stability and growth potential inherent in real estate, making it a valuable and sustainable additi
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Property details
7,894 sqft interior area
Land area
19,166 sqft (0.44 acres)
Address
420 W 4th St, Chico, CA, 95928
City of California
Chico
County
Butte
Year Built
1910
District
Listing
Nearby major retailers
Costco
Lowe's
Safeway
Trader Joe's
Wholesale: 1
Do it yourself: 1
Supermarket: 2
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Listed by
Kimberly Shaffer, Century 21 Select Real Estate, Inc.
Name
Kimberly Shaffer
License number
01415693
Brokerage company
Century 21 Select Real Estate, Inc.
MLS #
CRSN23213806
Buyer agent
Name
Tommy Crudo
Brokerage company
Compass
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Calculate your monthly payments
Mortgage
$5,158
Taxes
$0
HOA dues
$0
Mortgage
$336,000 / 20%
2.28%
30 years
Your amount
$5,158 / month
Lot details
TMK #004124009000
Lot Description
Other, Paved
Parcel nr.
004124009000
95928 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in 95928
44%
Families with children
National average: 39%
48%
Non family households
112,015
Population
$76,686
Average Income
Age & gender
Median age 30 years
More info
Commute types
82% commute by car
More info
Education level
24% have college education
More info
Number of employees
10% work in education and healthcare
More info
Vehicles available
38% have 2 vehicle
More info
Vehicles by gender
38% have 2 vehicle
More info
Housing market insights for
$455.23k
Neighborhood average
sales price*
sales price*
$419k
Neighborhood median
sales price*
sales price*
295
Number
of sales*
of sales*
Housing type
55% are single detacheds
More info
Rooms
42% of the houses have 4 or 5 rooms
More info
Bedrooms
68% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
11.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 8, 2024 | Sold | $1,680,000 | 0 | Public Record |
| Mar 8, 2024 | Price Decrease | $1,680,000 -6.61% | 0 | MLS #CRSN23213806 |
| Mar 7, 2024 | Pending | $1,799,000 | 0 | MLS #CRSN23213806 |
| Jan 24, 2024 | Under contract | $1,799,000 | 0 | MLS #CRSN23213806 |
| Jan 5, 2024 | For sale | $1,799,000 | 0 | MLS #CRSN23213806 |
| Dec 5, 2023 | Pending | $1,799,000 | 0 | MLS #CRSN23213806 |
| Nov 18, 2023 | New Listing | $1,799,000 | 0 | MLS #CRSN23213806 |
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Frequently Asked Questions about 420 W 4th St
What is 420 W 4th St?
420 W 4th St is a Commercial/Industrial propertywith 7,894 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
420 W 4th St, Chico, CA, 95928.
What comparable properties are nearby?
Comparable nearby commercial properties include 600 Orange St, 494 E 5th St, 609 Rancheria Dr, 720 W 2nd Ave, 1215 Mangrove Ave, 250 Cohasset Rd.
Based on information from the bridgeMLS as of 05-04-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 10, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Chico Natural Foods Cooperative, 0.36 miles away and Safeway 1651, 0.81 miles away.
The 95928 zip area has a population of 112,015, and 44% of the families have children. The median age is 30.91 years and 82% commute by car. The most popular housing type is "single detached" and 52% is renter.
