1435 Fetter, Chico, California 95928, Chico, 95928 - 0 bed, 0 bath
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1435 Fetter
Chico, California 95928
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,160Sq Ft
8,276Lot Size
Property Price
LIST PRICE$460,000
EST. MARKET VALUE
$460,000
SUMMARY
This fully leased triplex represents a High-Potential Investment Opportunity, currently offered at a List Price of $460,000, which aligns with the $460,000 Fair Market Value. While the property maintains a Condition Rating of 5, its status as a fully occupied asset provides immediate, stable cash flow. The functional 2-bedroom, 1-bathroom floor plans offer consistent rental demand in the Chico market. This asset is best suited for Buy-and-Hold Investors or Value-Add Investors looking to modernize units and optimize long-term rental yields.
Estimated Market Value
$460,000
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1435 Fetter Subject | $460,000* List Price | 0 | 0 | 2,160 | $213 | - |
A 1460 Fetter Street Active | $460,000 List Price | 0 | 0 | 2,160 | $213 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (>45 years old) with no evidence of major renovations. The kitchen and bathrooms are significantly dated with original-style cabinetry and older electric coil appliances. The presence of window AC units suggests a lack of modern central HVAC systems, and the exterior shows visible wear on the roof and stucco, meeting the criteria for a property requiring rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is fully leased, providing an investor with instant cash flow and eliminating the initial vacancy risk typically associated with new acquisitions.
- Desirable Unit Mix
Each of the three units features a functional 2-bedroom, 1-bathroom layout, which is a highly marketable configuration that appeals to a wide range of tenants in the Chico area.
- Multifamily Investment Stability
As a triplex, this asset offers diversified income streams and long-term appreciation potential, making it a stable addition to a residential income portfolio.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1979, the building may require increased maintenance reserves or capital expenditures for aging systems and structural components compared to newer builds.
- Compact Unit Footprint
With approximately 720 square feet per 2-bedroom unit, the living spaces are relatively small, which may limit the ability to achieve premium market rents.
About 1435 Fetter
Well-positioned fully leased triplex offering an attractive residential income investment with a functional 2-bedroom, 1-bathroom floor plan in each unit. Each residence features two bedrooms, a spacious living room, kitchen, full bathroom, and practical hallway layout designed for comfortable living. With all three units currently leased, this property provides immediate rental income and an excellent opportunity for investors seeking a stable multifamily asset with long-term income and appreciation potential.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1979
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.3 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,160 | 2,092.462 |
| Lot Size | 8,276 | 9,817.769 |
| Price | $460.0K | $531.5K |
| Price per sq ft | $213 | $212 |
| Built year | 1979 | 1959 |
| HOA | $0 | $0 |
| Days on market | 27 | 79 |
Pricing History
Listed for Sale
Aug 13, 2026
$460,000
Initial Listing
Sold
Oct 27, 2020
$350,000
Public Record
Sold
Jul 15, 2015
$255,000
Public Record