Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!
Sold for $580,000
Listed by: Keller Williams Realty Chico Area • Alisha Simpkins • Contact: 530-809-3742
Bought with: Re/Max of Chico
$580,000
390 White Ave, Chico, CA 95926
8beds
4baths
3,484sqft
Quadruplex
Built in 1979
-- sqft lot
$556,900 Zestimate®
$166/sqft
$1,752 Estimated rent
Home value
$556,900
$490,000 - $629,000
$1,752/mo
Zestimate® history
Owner options
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$1,752/mo
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$1,752/mo
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$3,739/mo
Est. payment
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$3,739/mo
Est. payment
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List your homeWhat's special
Fresh interior paintUpdated bathroomLaminate wood flooringPlush carpet
Zillow last checked:
Listing updated:
Listed by:
Alisha Simpkins DRE #01772692 530-354-4244,
Keller Williams Realty Chico Area
Bought with:
Brandi Laffins, DRE #01140900
Re/Max of Chico
Source: CRMLS,MLS#: SN25015903
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Kitchen, Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Range Hood, Self Cleaning Oven, Water Heater, Washer
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Laundry Room, Outside
Features
- Balcony, Ceiling Fan(s), Laminate Counters, Storage
- Flooring: Carpet, Laminate
- Doors: Sliding Doors
- Windows: Blinds, Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,484
- Total interior livable area: 3,484 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway Level, On Site, Off Street, Paved, One Space, Unassigned, Uncovered
- Uncovered spaces: 8
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Partial
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.29 Acres
- Features: Lawn, Near Public Transit, Rectangular Lot, Street Level, Trees
Details
- Parcel number: 006290009000
- Zoning: C2
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Chico
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $259,302
- Annual tax amount: $3,021
- Date on market: 1/22/2025
- Cumulative days on market: 3 days
- Listing terms: Cash,Cash to New Loan
- Inclusions: Stove/Oven, Coin-Operated Washer & Dryer.
- Exclusions: Tenants Personal Property
- Total actual rent: 4600
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Water
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $580,000+10.5%$166/sqft |
Source:  CRMLS #SN25015903 Report a problem | ||
| 1/26/2025 | Pending sale | $525,000$151/sqft |
Source: CRMLS #SN25015903 Report a problem | ||
| 1/22/2025 | Listed for sale | $525,000+228.1%$151/sqft |
Source: CRMLS #SN25015903 Report a problem | ||
| 1/22/1997 | Sold | $160,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,021 +6.8% | $259,302 +2% |
| 2024 | $2,829 +1.2% | $254,258 +2% |
| 2023 | $2,796 +1.7% | $249,313 +2% |
| 2022 | $2,750 +1.9% | $244,464 +2% |
| 2021 | $2,699 +0.3% | $239,710 +1% |
| 2020 | $2,691 +1.8% | $237,274 +2% |
| 2019 | $2,643 +1.8% | $232,662 +2% |
| 2018 | $2,595 +2.1% | $228,140 +2% |
| 2017 | $2,542 +9.5% | $223,707 +2% |
| 2016 | $2,321 +1.9% | $219,361 +1.5% |
| 2015 | $2,279 | $216,097 +2% |
| 2014 | $2,279 | $211,904 +0.4% |
| 2013 | -- | $210,956 +2% |
| 2012 | -- | $206,859 +2% |
| 2011 | -- | $202,843 +0.7% |
| 2010 | -- | $201,342 -0.2% |
| 2009 | -- | $201,816 +2% |
| 2008 | -- | $197,899 +2% |
| 2007 | -- | $194,058 +2% |
| 2006 | -- | $190,293 +2% |
| 2005 | -- | $186,602 +2% |
| 2004 | -- | $182,984 +1.8% |
| 2003 | -- | $179,668 +2% |
| 2002 | -- | $176,186 +3.2% |
| 2001 | -- | $170,772 |
Find assessor info on the county website
Neighborhood: 95926
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Nearby schools
GreatSchools rating
- 6/10Citrus Avenue Elementary SchoolGrades: K-5Distance: 1.4 mi
- 6/10Bidwell Junior High SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Pleasant Valley High SchoolGrades: 9-12Distance: 2.1 mi
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- California
- Butte County
- Chico
- 95926
- 390 White Ave
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