186 E Shasta Avenue, Chico, CA 95973

About this property

Shasta East is a duplex community consisting of (28) 2 bedroom 1 bath units. Each unit has indoor laundry, and an oversized one car garage along with a private & spacious yard. These units enjoy near 100% occupancy with many long term tenants. Current owners have been upgrading units, as they turn over. Property offers significant upside, by improving rents to meet local market value, as well as the ability to add/build out amenities to the underutilized portions of the property. Purchase also includes 194 E Shasta Ave.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$4,950,000

Sold March 2023 · listed $5,295,000, on market February 2023 · MLS #SN23013609 · Source: CRMLS

Listing Agent: Steve Depa · Listing Office: Re/Max of Chico · Contact: 530-514-6288 · Bought with: Emmett Jacobi · Century 21 Select Real Estate, Inc.

$3,125,000

Sold January 2019 · listed $3,495,000, orig. $3,710,000, on market September 2018 · MLS #SN18228896 · Source: CRMLS

Listing Agent: Steven Depa · Listing Office: Re/Max of Chico · Contact: 530-896-9300 · Bought with: Steven Depa · Re/Max of Chico

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