Chico, CA 95926,1252 Warner ST
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Chico, CA 95926,1252 Warner ST
Chico, CA 95926,1252 Warner ST
Chico, CA 95926,1252 Warner ST
Chico, CA 95926,1252 Warner ST

$1,175,000

Est. payment /mo

$1,150,000

2.2%
Est.Price: ?

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1252 Warner ST Chico, CA 95926

9,583 Sqft Lot

SOLD DATE : 02/25/2022

Key Details

Sold Price $1,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN22020165

Sold Date 02/25/22

HOA Y/N No

Year Built 1980

Lot Size 9,583 Sqft

Property Description

What's better than predictable cash flow in a fast-growing town? Don't hesitate to act on this solid income-producing asset. Impeccable interior remodel allows tenants to live in luxury, without paying luxury prices. Absolutely turnkey and low maintenance, Water-efficient landscape, and minimal owner-paid PGE bill keeps expenses minimal and predictable. Just blocks away from Enloe hospital, Chico State, restaurants, and shopping. The scarcity of affordable studios, and sharply increasing demand makes this property a trophy asset that cannot be replicated. The strong Chico rental market has 2 colleges, the biggest hospital north of Sacramento, and a budding tech and startup scene. Chico is a hidden gem of California and is an ultra-attractive destination for young professionals and families moving outside of cities, seniors looking for a glorious retirement location, as well as students looking for an unparalleled college experience. Do not miss the opportunity to get in on a cash-flowing asset of this caliber, with management already in place will only make this a turnkey property that will pay dividends for years and years.

Location

State CA

County Butte

Zoning R3

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description No Landscaping

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 003051028000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steve Depa • Re/Max of Chico
Bought with John Barroso • Parkway Real Estate Co.
agent

Simon Mills

Broker | License ID: 01309436

+1(818) 763-4462

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