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703 W 2nd Ave
Chico, CA 95926
4 Lanterns · Multifamily Property For Sale
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4 Units
Investment Highlights
- (4) Large Four-Bedroom, Two-Bathroom Floor Plans With Current Average Rents of $2,090/Unit.
- Each Unit Equipped With Washer/Dryer, Granite Countertops, Updated Flooring and Open Floor Plans.
- Well-Maintained Property Built in 1983.
- Large 0.45 Acre Lot With Potential to Add One or More ADU's.
- Walking Distance to California State University, Chico and Enloe Hospital.
Property Facts
| No. Units | 4 | Building Size | 4,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1948/2020 |
| Building Class | C | Parking Ratio | 3.33/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | R3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 4,800 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1948/2020 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 4 | - | 1,200 |
Property Taxes
| Parcel Number | 043-170-002-000 | Improvements Assessment | $743,443 |
| Land Assessment | $273,408 | Total Assessment | $1,016,851 |
Property Taxes
Parcel Number
043-170-002-000
Land Assessment
$273,408
Improvements Assessment
$743,443
Total Assessment
$1,016,851
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