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1240 Warner St

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Just minutes away from Chico State, this one of a kind prewar building with its Victorian facade is a gem! The three stories have two apartments on each floor. Each of the six apartments (three one bedroom, and three two bedroom) has its own personal charm. Tenants enjoy an on site laundry area, with an enclosed back yard for all to use. The building’s owner has done many renovations over the last ten years, improving its quality while keeping the charm. The pictures are just a small representation of the unique characteristics you will find in the apartments, and show why you have no problem keeping renters.
Directions: middle of 2nd on Warner from 1st Ave north
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             Address: 1240 Warner St Asking Price: $650,000
Lot #: Year Built: 1913
City: Chico Total Units: 6
State: California Total Bldg: 1
Zip: 95926 Floors: Three Or More
County: Butte Beds/Baths: 9 / 6
City or County Apx SqFt: 4,498
APN #: 003-051-027-000 Acres:
.22
Assessor
Additional Parcels: No Price/Unit: $108,333
Complex/Subdiv Price/Bed: $72,222.22
Builder: Price/SqFt: $144.51
Type: Income Property HOA names:
Status: Active HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: R3 Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $52,200 Annual OE: $4,128
Monthly GSI: $ OE: $10,200
GOI: $ Gas: $
NOI: $42,000 Electric: $
Gr Spendable: $ Water/Sewer: $
Garage Income: $ Trash: $
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $4,128
Gross Multiplier: 0 Prof. Mgmt: $4,128
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: $
Ann. Loan Pymt: $ Other Expense: $
On Market:
8/25/2018
Original Price: $650,000
Days On Market:
237 days
Listing History
Price Change: $
Current Price: $650,000
Get Your Gift: $1,625
Great Service and a Gift
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 $1,625 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: 6 Actual Rent: $4,350
# Beds: 9 Total Rent: $4,350
# Baths: 6 Pro Forma: $4,350
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 6
Units With Carpet: 6
Units With Ranges: 6
Units With Refrigerator: 6
Units With Wall AC: 6
# of Units Leased: 6
Total Actual Rent: $4,350
Utilities and Interior
Utilities/Electric Sewer Water

- Public Sewer
Interior Heating Cooling
- Space Heater
- Wall Window
Flooring Rooms Appliances
- Carpet
- Laminate
- Free Standing Range
- Refrigerator
Door Window Accessibility Features
- Casement Windows
Laundry Fireplace Security
- Area
- Gated Community
- Security Lights
- Smoke Detector
Exterior
Construction Foundation Roofing
- Composition
Style Exterior Condition
- Victorian
Road Features Attached Structure Other Structures
- Yes
Garage/Parking Common Walls Fencing

- 2+ Common Walls
- Cross Fenced
- Security
Lot Pool Spa
- 6-10 Units/Acre
- None
Community Assoc. Amenities View
- Curbs
- Gutters
- Sidewalks
- Street Lighting
- Urban
- Neighborhood
Financial
Disclosures Terms Possession
- 1031 Exchange
- Cash
- Cash To New Loan
- Close Of Escrow
Assessments Tenant Pays Land Lease
- Electricity
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.
1240 Warner St is in: The Avenues - Chico Vecino
1240 Warner St is in: West Avenues
1240 Warner St
is .26 miles from:
California State University, Chico California State University, Chico
Listing History The current listing's status, price, and update history
Update Old Value New Value Price Change Date Time
List Date 8/25/2018
On Market Date 8/25/2018
4 new photos 0 4 8/26/2018 1:46 PM
8 new photos 4 12 9/17/2018 6:14 PM
Remarks 9/20/2018 7:50 AM
Price $650,000 $625,000 -$25,000 11/1/2018 11:38 AM
Price $625,000 $650,000 $25,000 11/19/2018 4:25 PM
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1240 WARNER ST, Chico, Ca

Information provided to the MLS courtesy of Almlie, Linda (Bre#: 00635297) of Linda Almlie Real Estate.

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 March 11, 2019.
1240 Warner St, Chico, California, 95926, was last changed by the listing agent and consequently updated here on: March 12, 2019. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: April 20, 2019 11:27 AM.