Two-Unit Duplex with Private
819 Alynn, Chico, CA 95973
For Sale
$495,000
Both residences have attached one-car garages, laundry hookups, and separately enclosed outdoor space.
Property Size2,426 SF
Days on Market13
Property Features for 819 Alynn
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Century 21 Select Real Estate, Inc.
Listed By:
Sandy Stoner · License #01131795
Source:
Homesbyupside
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 1:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Select Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Built in 1978, this duplex contains two occupied residences: a three-bedroom, two-bath unit and a two-bedroom, two-bath unit. Each residence includes an attached one-car garage, laundry hookups, and its own fenced backyard. Both units have long-term tenants.
Key Highlights
- Two units: 3BR/2BA and 2BD/2BA
- Built in 1978
- Each unit has an attached one‑car garage and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,810
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,200
$616.2K
Cap Rate 7%
$440,143
$440.1K
Cap Rate 9%
$342,333
$342.3K
Market Conditions
NOI Build-Up for 2,426 SF
Gross rent
$45.7K $18.84/SF
− Vacancy
−$1.7K −$0.70/SF
EGI
$44.0K $18.14/SF
− OpEx
−$13.2K −$5.44/SF
NOI
$30.8K $12.70/SF
Area
Chico, CA
Vacancy
3.70%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,200
Cap Rate 7%
$440,143
Cap Rate 9%
$342,333
Alternative Uses
Best Use
Multifamily LT 5
$440.1K
$385.1K – $513.5K
NOI $30,810 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$400.1K
$350.1K – $466.8K
NOI $28,005 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$489.8K
$428.6K – $571.5K
NOI $34,288 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 95973, CA
39,609
Population
15,836
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
300.1 sq mi
ZIP Area
132
Density / Sq Mi
$92,228
Median Household Income
$45,897
Median Earnings
$1,546
Median Rent
$484,600
Median Home Value
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Market
Properties on Market for Duplexes in Chico
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have attached one-car garages, laundry hookups, and separately enclosed outdoor space.
Where is this duplex located?
The property is located at 819 Alynn Chico, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two units: 3BR/2BA and 2BD/2BA; Built in 1978; Each unit has an attached one‑car garage and laundry hookups
