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494 E 5th St, Chico, CA, 95928
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494 E 5th St Chico, CA, 95928

$1,395,000 Commercial for sale Other

Welcome to 494 E. 5th Street, a unique and meticulously renovated historic property comprising a stunning period styled triplex and two additional detached dwelling units, totaling five units altogether. The main house is one of very few OCTAGONAL built homes ever constructed. During the recent period-appropriate renovation no expense were spared. The upgrades include brand-new roofs, electrical and plumbing systems, energy-efficient mini splits with heat pumps, elegant granite counters, custom doors and windows, modern appliance packages, a charming porch, and an inviting overhang – all enhancing the property's allure. Units have indoor laundry. This exceptional property boasts a prime location, situated right on the edge of the renowned GOLDEN TRIANGLE – Chico's most sought-after downtown residential area. The Golden Triangle is synonymous with luxurious living and offers unparalleled convenience to tenants. Residents can easily walk to a myriad of dining options, shopping destinations, and vibrant nightlife downtown. Additionally, Bidwell Park beckons with its recreational activities like biking, walking, and swimming, providing an ideal escape into nature. Seller may finance, terms negotiable. Upstairs has potential for development of additional units, buyer to investigat
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Property details

4,025 sqft interior area
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Other
Land area
8,712 sqft (0.20 acres)
Days on Verhouse
99
Address
494 E 5th St, Chico, CA, 95928
City of California
Chico
County
Butte
Year Built
1900
District
Listing
Virtual Tour

Nearby major retailers

Costco
Lowe's
Safeway
Trader Joe's
Wholesale: 1
Do it yourself: 1
Supermarket: 2
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Interior Features

Laminate, Vinyl floors
Floor Covering
Laminate, Vinyl
Garage & Parking
Other, On Street
Amenities
Other
Appliances
ENERGY STAR Qualified Appliances

Listed by

Michael Lee, Ryno Company
Name
Michael Lee
License number
02216710
Brokerage company
Ryno Company
MLS #
CRSN24027906

Payment calculator

Calculate your monthly payments
Mortgage
$4,283
Taxes
$0
HOA dues
$0
$4,283 per month
Mortgage
$279,000 / 20%
2.28%
30 years
Your amount $4,283 / month

Lot details

TMK #004176005000
Lot Description
Corner Lot, Sloped Up, Other, Front Yard
Parcel nr.
004176005000

95928 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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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%
47%
Non family households
112,015
Population
$76,686
Average Income

Age & gender

Median age 31 years
More info

Commute types

83% commute by car
More info

Education level

24% have college education
More info

Number of employees

10% work in education and healthcare
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Vehicles available

38% have 2 vehicle
More info

Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for

$461.02k
Neighborhood average
sales price*
$425.44k
Neighborhood median
sales price*
323
Number
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

51% are renters
More info
11.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Green energy efficient

Efficient
Water Heater

Price history

New Listing Feb 9, 2024
Date Event Price $/sqft Source
Feb 9, 2024 New Listing $1,395,000 0 MLS #CRSN24027906

Taxes of 494 E 5th St, Chico, CA, 95928

CITY zoning / MLS #CRSN24027906
Zoning
CITY

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Frequently Asked Questions about 494 E 5th St

What is 494 E 5th St?

494 E 5th St is a Commercial/Industrial propertywith 4,025 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

494 E 5th St, Chico, CA, 95928.

What comparable properties are nearby?

Comparable nearby commercial properties include 1215 Mangrove Ave, 1230 Esplanade, 609 Rancheria Dr, 660 Rio Lindo Ave, 578 Rio Lindo Ave, 2107 Forest Ave.

Based on information from the bridgeMLS as of 05-17-2024. 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 1 minute ago


The closest grocery stores are Chico Natural Foods Cooperative, 0.35 miles away and Safeway 1651, 0.4 miles away.
The 95928 zip area has a population of 112,015, and 44% of the families have children. The median age is 31.2 years and 83% commute by car. The most popular housing type is "single detached" and 51% is renter.
Commercial For sale $1.4m 494 E 5th St, Chico, CA, 95928 Save House Remove from Saved