Address
1574 East Ave Chico, CA
Price
$ 2,305,000
Property Attributes
  • MLS#SN21104215
  • TypeLand
  • CountyBUTTE
  • CityChico
  • Zip95926
  • Style
  • Price$ 2,305,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.41 Acres
Listing Provided Courtesy Of:
Kody Marrs with Marcus & Millichap Real Estate Investment Services Inc.
Data Source:
CRMLS
Property Description

Longtime/original owner is finally selling their prime development property. Zoned R-1, these parcels currently have a mix of single family dwellings and duplexes comprising a total of 8 units in various condition. While the possibility exists to rehab current units and collect rent, the highest and best use is most likely in redeveloping the property with 20-25 new single family houses. Most tenants have been vacated in anticipation of construction. There also may be a possibility of re-zoning to multifamily (buyer must verify with city). Seller is offering ALL parcels together in AS-IS condition.

Price History
5/15/2021 Listed $2,305,000

General Features

Additional Parcels Description 016-140-042-000, 016-140-019-000, 016-130-09-000
Additional Parcels Y/N Yes
Community Features Suburban
Electric Electricity - On Property
Listing Agent Kody Marrs - BRE#02026760
Listing Agent State License 02026760
Property Type Land
Sewer Septic Type Unknown
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan
Utilities Electricity Available, Electricity Connected, Electricity Not Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected
View None
Zoning R-1

Exterior Features

Lot Features 2-5 Units/Acre, 6-10 Units/Acre
Lot Size Acres 4.41
Lot Size Area 4.41
Lot Size Square Feet 192100
Lot Size Units Acres
Road Frontage Type City Street
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 95926

Price
AVG $740K
$2.31M
Visits
AVG 114
17
Walkscore
AVG 41
58
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.