Views
Address
344 W 8th Street Chico, CA
Price
$ 5,000,000
Property Attributes
  • MLS#SN19281667
  • TypeLand
  • CountyBUTTE
  • CityChico
  • Zip95928
  • Style
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.64 Acres
Listing Provided Courtesy Of:
Jim Aguilar with Century 21 Select Real Estate, Inc. - 530-519-4714
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

53 units. Plans have been submitted for plan check and permits will be ready in sixty days or less. Seller has already spent $2,540,529.00 on plans, land and fees. Approximately 103,000 sqft. The property features 128 bedrooms total with 2,3 & 4 bedroom units. It is situated in the highly desirable South Campus neighborhood within a very short walk to the university and downtown. Low vacancy has resulted in rising rents making the South Campus neighborhood the most attractive rental market in the Chico area. There are a lot of options here for this shovel ready project. You can buy this and build it out with your own contractor. Have the seller build it out and buy it as a finished project. There are a lot of options here and the one thing they all have in common is that the potential for a nice profit is available no matter which way you go

Price History
7/1/2021 Listed $5,000,000

General Features

Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban
Listing Agent Jim Aguilar - BRE#01862725
Listing Agent State License 01862725
Property Type Land
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, 1031 Exchange, Submit
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Neighborhood
Zoning RMU COS

Exterior Features

Fencing Good Condition
Lot Features Level, Rectangular Lot, Street Level
Lot Size Acres 0.64
Lot Size Area 27878
Lot Size Source Assessor
Lot Size Square Feet 27878
Lot Size Units Square Feet
Road Frontage Type City Street
Road Surface Type Maintained, Paved
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 95928

Price
AVG $940K
$5M
Visits
AVG 114
110
Walkscore
AVG 51
95
Data Provided by Walkscore ® not using MLS data

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