Sold for $950,000

Listed by: Parkway Real Estate Co. • Debbie Maderos • Contact: 530-896-3130

Bought with: Re/Max of Chico

$950,000

328 W 4th Ave, Chico, CA 95926

--beds

10baths

3,359sqft

Mixed Use

Built in 1980

-- sqft lot

$908,500 Zestimate^®

$283/sqft

$1,507 Estimated rent

Home value

$908,500

$836,000 - $981,000

$1,507/mo

Zestimate^® history

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$1,507/mo

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$6,034/mo

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What's special

Rare opportunity to purchase a conforming 10-plex of studio units. Seller has owned and personally managed/maintained for the last 35 years. 12 paved off street parking spots, behind the building w/alley access. Convenient location in the Avenues, near Enloe Hospital and Citrus Elementary School. Fully leased with month to month leases. Tenants have been there from 6 months to 10 years, so current rents are on the low side. Energy retrofit inspection has been done and certificate will be provided. On site coin operated laundry (leased machines).

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 10

Rooms

Room types: Laundry

Heating

Combination

Cooling

Wall/Window Unit(s)

Appliances

Included: Electric Range, Disposal, Water Heater
Laundry: Common Area, Laundry Room

Features

Laminate Counters, Recessed Lighting, Unfurnished
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,359
Total interior livable area: 3,359 sqft

Property

Parking

Total spaces: 12
Parking features: Asphalt, Off Street
Uncovered spaces: 12

Features

Levels: Two
Stories: 2
Entry location: street
Pool features: None
Has view: Yes
View description: Neighborhood

Lot

Size: 8,712 Square Feet
Features: Drip Irrigation/Bubblers, Sprinklers In Front, Sprinklers Timer, Sprinkler System

Details

Parcel number: 003013046000
Zoning: R3
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Stucco
Roof: Composition

Condition

Repairs Cosmetic
New construction: No
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected

Community & HOA

Community

Features: Gutter(s), Street Lights, Sidewalks

Location

Region: Chico

Financial & listing details

Price per square foot: $283/sqft
Date on market: 11/1/2023
Cumulative days on market: 3 days
Listing terms: Submit
Inclusions: 10xstoves, 10xwindow/wall air/heat combo units, 10xrefrigerators
Exclusions: washer/dryer are leased
Tenant pays: Cable TV, Electricity, Telephone

Price history

Date	Event	Price
6/16/2026	Listing removed	$875
Source: Zillow Rentals Report a problem
6/13/2026	Listed for rent	$875
Source: Zillow Rentals Report a problem
4/8/2026	Listing removed	$875
Source: Zillow Rentals Report a problem
4/2/2026	Listed for rent	$875+2.9%
Source: Zillow Rentals Report a problem
12/19/2025	Listing removed	$850
Source: Zillow Rentals Report a problem
12/4/2025	Listed for rent	$850
Source: Zillow Rentals Report a problem
6/5/2025	Listing removed	$850
Source: Zillow Rentals Report a problem
5/20/2025	Listed for rent	$850+6.3%
Source: Zillow Rentals Report a problem
3/7/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/27/2024	Listed for rent	$800
Source: Zillow Rentals Report a problem
1/31/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/17/2024	Listed for rent	$800-3%
Source: Zillow Rentals Report a problem
12/19/2023	Sold	$950,000$283/sqft
Source: CRMLS #SN23201814 Report a problem
12/18/2023	Listing removed	--
Source: Zillow Rentals Report a problem
12/8/2023	Listed for rent	$825+3.1%
Source: Zillow Rentals Report a problem
11/23/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/9/2023	Listed for rent	$800
Source: Zillow Rentals Report a problem