You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $855,000
Apartment buildings

481 Posada Way Chico, CA 95973-0378

4,920 SF 0.9 ac lot Built 1977
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3134042
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1977
Construction WOOD
Total area 4,920 SF
Lot 0.9 ac (39,204 SF)
Zoning code R3
APN 007-310-002-000
UPID US09-3134042
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
$875k
Comparable Approach Comparable
$729k
Blend (final) Blend
$855k
Owner & transaction history
Rita Investors Villa · 12 yrs held
Rita Investors Villa
since 2013
7 recorded transactions
2021
Price N/A
2018
Price N/A
2013
Price N/A
2005
Price N/A
2003
Price N/A
2001
Price N/A
2000
Price N/A
Zoning & alternative use
R3 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R3 Medium-High Density Residential Medium-High Density Residential (MHDR) - 14.1 to 22 units per gross acre R4 High Density Residential High Density Residential (HDR) - 20 to 70 units per gross acre RMU Residential Mixed Use (RMU) Residential Mixed Use (RMU) (10 to 20 units per gross acre) Commercial and Office Zoning Districts (3)(4) OR Office Residential O…

Zone name Medium High Density Residential
General category RESIDENTIAL
Zone area 764.04 ac
Top alternative use upside
Commercial (general) $1.4M +42.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 481 Posada Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message