Two Homes on One
1483 E Dottie, Paradise, CA 95969
New
Single Family Residence - Paradise, CA
Type:Single Family Residence
Property size:
2,000 SFLot size:
24,394.00 AcresPrice / SF:
$242/SF- Added:
- May 21, 2026
- Days on Market:
- 1
- Last Refresh:
- May 21 at 11:06 pm
Property Features for 1483 E Dottie
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 2
- Exterior features
- Community Features Included: Rural, Biking, Foothills, Front Yard, Garden, Gentle Sloping
- Standard status
- Active
- APN
- 054182086000
- Size
- 2,000 SF
- Lot size
- 24,394.00 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 2
- Architectural style
- Other
Listing agent Dan Bosch License #01236305 (530) 514-2901
Listing office Re/Max of Chico 1834 Mangrove Ave., Chico, CA (530) 514-2901
Listing date May 21, 2026
MLS# SN26110908
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two homes on one lot: Main house built in 2021 plus a second income‑generating or multi‑generational living option.
- Main home features 3 bedrooms, 2 baths, and an open‑concept floor plan.
- Second home includes 2 bedrooms and a private backyard.
- Main home's kitchen has ample storage, solid surface counters, and views of the private backyard.
- Located on a beautiful and quiet street in the heart of Paradise.
- Main home has durable laminate floors and custom cabinetry.
Overview
Located in the heart of Paradise, CA, this property features two homes on a single lot. The main house, constructed in 2021, offers a 3-bedroom, 2-bath layout with an open-concept floor plan. The kitchen includes ample storage, solid surface counters, and views of the private backyard. The home features durable laminate floors and custom cabinetry. The second home contains 2 bedrooms, a living room, and a private backyard. The lot size is approximately 0.56 acres. The main house has approximately 2000 square feet of living space. This property offers potential for rental income or multi-generational living.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$273.7K
NOI $24,630 @ 9.00% cap · cautious / downside scenario
Moderate
$351.9K
NOI $24,630 @ 7.00% cap · market / base-case scenario
Aggressive
$492.6K
NOI $24,630 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $18.36 |
| − Vacancy | −$1.5k | −$0.77 |
| EGI | $35.2k | $17.59 |
| − OpEx | −$10.6k | −$5.28 |
| NOI | $24.6k | $12.31 |
2,000 SF · lease $18.36/SF/yr · vacancy 4.18% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$351.9K
$307.9K – $410.5K
NOI $24,630 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$324.5K
$283.9K – $378.6K
NOI $22,715 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$929.6K
$813.4K – $1.08M
NOI $65,071 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Paradise
- County
- Butte
- State
- California
- Longitude
- -121.5900655
- Latitude
- 39.7452868
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Two homes on a large lot in Paradise, CA.
Where is this single family property located?
The property is located at 1483 E Dottie Paradise, CA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two homes on one lot: Main house built in 2021 plus a second income‑generating or multi‑generational living option.; Main home features **3 bedrooms, 2 baths, and an open‑concept floor plan.**; Second home includes 2 bedrooms and a private backyard.
