911 Christi, Chico, California 95973, Chico, 95973 - 0 bed, 0 bath
Loading property details...
Chico, California 95973
This North Chico fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $725,000—positioned slightly above the $699,155 Fair Market Value. Despite the premium, the property offers a Condition Rating of 4, featuring recent exterior paint and dual-pane windows. With two units already updated, the asset provides stable income while offering significant upside through rent growth and utility reimbursements. This is a reliable, low-maintenance Buy-and-Hold Investment ideal for Buy-and-Hold Investors or Portfolio Managers seeking a clean, income-generating asset in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 911 Christi Subject | $725,000* List Price | 0 | 0 | 3,420 | $204 | - |
A 806 Alynn Lane Sold | $515,000 | 0 | 0 | 2,096 | $246 | 0.7 mi |
B 2842 Jolyn Sold | $530,000 | 0 | 0 | 2,426 | $218 | 0.6 mi |
C 555 Morgan Active | $595,000 List Price | 0 | 0 | 2,523 | $236 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is over 20 years old. While it is well-maintained with recent exterior paint and two updated units, the remaining units are likely dated and will require minor updates to maximize rent, fitting the criteria for a functional but older asset.
The property is exceptionally well-maintained with recent exterior paint, dual-pane windows, and a clean history of care, reducing immediate capital expenditure for a new owner.
Significant upside exists through future rent increases in three units and the implementation of a utility reimbursement program, allowing for improved Net Operating Income.
With two units already updated and the property consistently improved over time, it offers a blend of stable immediate income and modern appeal in a high-demand rental market.
Only half of the units have been updated, meaning the remaining two units will eventually require modernization to maximize the property's total revenue potential.
Built in 1986, the property may face aging infrastructure challenges common to its era, such as original plumbing or electrical components that could require attention over the long term.
Well-maintained North Chico fourplex with dual-pane windows, exterior paint completed within the last five years, and two updated units. The remaining units are in good condition, including one occupied by a long-term tenant. The property has been consistently cared for and improved over time, resulting in a clean asset with limited deferred maintenance. Three of the four units offer room for future rent growth, while additional income potential exists through the implementation of utility reimbursements at renewal. A solid multifamily investment offering stable income, strong rental demand, and continued upside without the need for significant capital improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,420 | 2,923 | 50% |
| Lot Size | 13,068 | 13,939.5 | 25% |
| Price | $725.0K | $627.5K | 50% |
| Price per sq ft | $212 | $215 | 50% |
| Built year | 1986 | 1978 | 75% |
| HOA | $0 | $82 | 50% |
| Days on market | 4 | 177 | 25% |
Jun 2, 2026
$725,000
Initial Listing
May 27, 2011
$340,000
Public Record