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Sold for $650,000 on 08/14/23
  • Listing Provided by: 

    Spencer Moyer DRE #01940191 916-885-4205,

    Alive Commercial Real Estate

    Bought with: Parkway Real Estate Co.
    $650,000

    1166 Hobart St, Chico, CA 95926

    16beds
    8baths
    5,452sqft
    Quadruplex
    Built in 1983
    -- sqft lot
    $955,900 Zestimate®
    $119/sqft
    $1,057 Estimated rent

    Owner options

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    $1,057/mo

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    $1,057/mo

    Rent Zestimate®

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    $3,948/mo

    Est. payment

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    $3,948/mo

    Est. payment

    What's special

    1166 Hobart Street is a turn-key fourplex ideally located in the heart of Chico, CA. Most notably, the property is walking distance to CSUC (0.5 miles) and Enloe Hospital (0.4 mi), allowing for flexibility in student and non student rental demand. The building is comprised of (four) four-bedroom, two-bathroom floor plans boasting 1,363 SF each with sizable back yards. The property's strong operating history, recent capital improvements and below market rents will allow a new owner the ability to take ownership of a turn-key building and move rents to market without the headache of major renovations. Contact listing agent for full offering memorandum.

    Zillow last checked: 8 hours ago

    Listing updated: February 01, 2023 at 07:47am

    Listing Provided by:

    Spencer Moyer DRE #01940191 916-885-4205,

    Alive Commercial Real Estate

    Bought with:

    Wren Jones, DRE #02017208

    Parkway Real Estate Co.

    Source: CRMLS,MLS#: SN22243269MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall,No One Above
    Interior area
    • Total structure area: 5,452
    • Total interior livable area: 5,452 sqft

    Property

    Parking
    • Parking features: Uncovered
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 9,583 sqft
    • Features: 11-15 Units/Acre, Back Yard
    Details
    • Parcel number: 003054005000
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Foothills
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Conventional