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1844 Arcadian Ave

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Well maintained 4 unit complex. All units have 2 bedrooms and 1 bath. This complex has on sight laundry with additional income. Large park like yard & lots of parking. Neighboring 4 plex 1842 Arcadian is also for sale. Seller prefers to sell both complexes together. Great opportunity to own 8 units & still be able to purchase with conventional loans.
Directions: W 8th Ave to Arcadian
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             Address: 1844 Arcadian Ave Asking Price: $379,000
Lot #: Year Built: 1963
City: Chico Total Units: 4
State: California Total Bldg: 1
Zip: 95926 Floors: Two
County: Butte Beds/Baths: 8 / 4
City or County Apx SqFt: 2,800
APN #: 003-613-028-000 Acres:
.17
Assessor
Additional Parcels: No Price/Unit: $94,750
Complex/Subdiv Price/Bed: $47,375
Builder: Price/SqFt: $135.36
Type: Income Property HOA names:
Status: Active HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $30,056 Annual OE: $8,058
Monthly GSI: $32,055.6 OE: $6,026
GOI: $ Gas: $
NOI: $24,029 Electric: $675
Gr Spendable: $ Water/Sewer: $900
Garage Income: $ Trash: $900
Laundry Income: $2,000 Pool: $
Other Income 1: $ Insurance: $1,083
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $
Gross Multiplier: 0 Prof. Mgmt: $
Cap Rate: 0 Maintenance: $
Vacancy Allow: $ Gardener: $
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $4,500
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 4/21/2017 Original Price: $460,000
Today's Date: 11/18/2017 Price Change: -$81,000
Days Listed: 210 Current Price: $379,000
Our Client's Bonus: $948
Great Service and a Bonus
Feel free to ask for more information, showings, or an objective opinion of value for any property. I have decades of experience selling income property here in Chico and my team and I are ready to work for you!

If you ask me to be your realtor, and you eventually purchase this property through me, I'll share $948 of my commission from the seller with you. I offer an incentive for buying almost any property you see here on my website with me as your realtor.

As your realtor, I will work with you to help you find the right property, guide you through the entire buying process, and be there for you after the sale. Getting some of my commission to help reduce your closing costs is just a nice bonus. Take a look at our testimonials and then let us go to work to make you that happy!

Susie Stephens
Owner, Broker, Realtor
Chico Real Estate, Inc.
1250 East Ave. Chico, Ca
530-898-1250
Contact us
Units Description
Type 1
# Units: 1 Actual Rent: $700
# Beds: 2 Total Rent: $700
# Baths: 1 Pro Forma: $850
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Type 2
# Units: 1 Actual Rent: $725
# Beds: 2 Total Rent: $725
# Baths: 1 Pro Forma: $850
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 2
Description:
Type 3
# Units: 1 Actual Rent: $650
# Beds: 2 Total Rent: $650
# Baths: 1 Pro Forma: $850
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 3
Description:
Type 4
# Units: 1 Actual Rent: $600
# Beds: 2 Total Rent: $600
# Baths: 1 Pro Forma: $850
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 4
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Units With Ranges: 4
Units With Refrigerator: 4
# of Units Leased: 0
Total Actual Rent: $
Utilities and Interior
Utilities/Electric Sewer Water

- Conventional Septic
Interior Heating Cooling
- Wall Heater
- Wall Window
Flooring Rooms Appliances
Door Window Accessibility Features
Laundry Fireplace Security
- Individual Room
Exterior
Construction Foundation Roofing
Style Exterior Condition
Road Features Attached Structure Other Structures
- Yes
Garage/Parking Common Walls Fencing
- Unassigned

- 2+ Common Walls
Lot Pool Spa
- Landscaped
- Lawn
- None
Community Assoc. Amenities View
- Suburban
Financial
Disclosures Terms Possession
- 1031 Exchange
- Cash
- Conventional
- Submit
Assessments Tenant Pays Land Lease
Tax Info Price Excludes Price Includes

 
Green
Water Conservation Energy Generation Energy Efficient
Neighborhoods, Parks and Areas
Each neighborhood below has a profile page with information and stats.
Some areas also have photos, video, and comments.
1844 Arcadian Ave is in: The Avenues - Chico Vecino
1844 Arcadian Ave is in: West Avenues
1844 Arcadian Ave
is .8 miles from:
California State University, Chico California State University, Chico
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 4/21/2017
Entered in MLS 4/21/2017
12 new photos 0 12 4/21/2017 7:22 AM
Price $460,000 $399,000 -$61,000 5/31/2017 3:13 PM
Remarks 6/29/2017 3:15 PM
Monthly GSI $32,055 $32,055.6 10/10/2017 6:45 AM
Price $399,000 $389,000 -$10,000 10/10/2017 6:45 AM
Price $389,000 $379,000 -$10,000 10/23/2017 4:58 PM
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Information provided to the MLS courtesy of Nielsen, Sarah of Independent Realty Group.

Please verify all information before relying on it. There may be a difference between actual and provided information. Based on information from California Regional Multiple Listing Service, Inc. as of October 23, 2017.
1844 Arcadian Ave, Chico, California, 95926, was last changed by the listing agent and consequently updated here on: October 24, 2017. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: November 18, 2017 8:00 AM.