1252 Warner Street, Chico, CA 95926
Property · 2 recorded sales since 2018
Sold February 2022
Listing Agent: Steve Depa (DRE #00813533) · Listing Office: Re/Max of Chico · Contact: 530-896-9300 · Bought with: John Barroso · Parkway Real Estate Co. · MLS #SN22020165 · Source: CRMLS
About this property
What’s better than predictable cash flow in a fast-growing town? Don’t hesitate to act on this solid income-producing asset. Impeccable interior remodel allows tenants to live in luxury, without paying luxury prices. Absolutely turnkey and low maintenance, Water-efficient landscape, and minimal owner-paid PGE bill keeps expenses minimal and predictable. Just blocks away from Enloe hospital, Chico State, restaurants, and shopping. The scarcity of affordable studios, and sharply increasing demand makes this property a trophy asset that cannot be replicated. The strong Chico rental market has 2 colleges, the biggest hospital north of Sacramento, and a budding tech and startup scene. Chico is a hidden gem of California and is an ultra-attractive destination for young professionals and families moving outside of cities, seniors looking for a glorious retirement location, as well as students looking for an unparalleled college experience. Do not miss the opportunity to get in on a cash-flowing asset of this caliber, with management already in place will only make this a turnkey property that will pay dividends for years and years.
Listing description from the February 2022 sale, as reported to CRMLS.
Sale history
