Paradise CA Multi Family for Sale

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Type:
Single Family
Sq.Ft.:
2,550
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
2024
Baths:
MLS#:
SN24227564

ADDITIONAL INFORMATION

This property boasts TWO beautiful homes on one lot (5772 & 5776 Black Olive) — perfect for anyone looking to live in one and rent the other or generate steady rental income from both. Rental demand is high in Paradise, and this property helps meet that need with its ideal setup. Each home offers 1275 square feet of open-concept living, complete with 2 spacious bedrooms and 2 bathrooms. These homes are built with functionality and style in mind, featuring high-efficiency ductless mini-split systems, stamped concrete driveways and walkways, and a fully landscaped yard for easy outdoor enjoyment. Both homes also come with a private 2-car garage and laundry hookups for added convenience. Located just moments from Paradise's charming downtown, residents have quick access to local favorites like the Paradise Memorial Trailway—a beautiful 5.2-mile path through town perfect for walking or biking. Nearby, you’ll find Paradise Community Park, which hosts popular community events throughout the year, and Joy Lyn’s Candy Shop for those with a sweet tooth! Plus, the central location makes commuting to Chico or navigating Paradise a breeze. Each home has its own electric meter for separate billing, and the property shares a single water meter. Thoughtfully designed for timeless appeal and functional for today’s needs, don’t miss this opportunity to own an income-producing property in a fantastic community location.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.46 Acres
Year built:
2022
Baths:
MLS#:
224094717

ADDITIONAL INFORMATION

Unique Paradise investment property opportunity! Two separate units, each with their own PG&E meter, owned solar, and shared septic and water meter. Live in one and rent out the other or rent both out. Open floor plan offers a bright inviting atmosphere. Each unit is 820 sf with two bedrooms and one bathroom. The stunning kitchen in these homes feature granite countertops, tile backsplashes, and stainless appliances. Laminate flooring throughout.

Type:
Mixed Use
Sq.Ft.:
900
Status:
Active
Beds:
n/a
Lot size:
5.5 Acres
Year built:
2023
Baths:
MLS#:
SN24158673

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this well-established RV park, boasting a robust history of consistent income. Catering to a long-term, diverse tenant base, the park offers a relaxed shady campground setting. Currently, there are 21 permitted spaces, plus a versatile bonus space #0, totaling 22 spaces. Five of these spaces feature breathtaking lake views, enhancing their appeal and rental value. Currently, all tenants are long- term. Vacancies fill up quickly with little need to advertise. Each space is equipped with all-new submetered electricity pedestals and two hose bibs. There park has conventional septic and there are mobile pump-out services available. The park amenities include well-maintained male and female restrooms with showers, a new 100-gallon water heater, and a coin-operated laundry facility. Upgrades include all-new underground water & electricity infrastructure including new 50, 30, 20 amp pedestals. Two new recently installed 400 amp main panels ensure reliable service to all tenants and enough power for expansion. A key feature of this property is the undeveloped acreage. The seller has secured a current permit from the California Department of Housing and Community Development authorizing the addition of 15 new spaces. This permit is transferable to the buyer, presenting a unique opportunity for expansion. The sale includes comprehensive engineered plans, a significant investment exceeding $100,000. Additionally, the permit and plans cover the installation of septic systems for four existing spaces enhancing the property's infrastructure. A copy of the permit is available upon request. This presents a lucrative opportunity for expansion, whether as long-term rentals, or short-term rentals with potential rates starting at $50 per night. The location is prime, just 2 miles from Lime Saddle boat marina, 20 miles from Chico, and 10 minutes from Butte College, making it ideal for both tourists and residents. The undeveloped acreage could also be used for boat storage or tent camping. Situated just south of the city limits of the town of Paradise, this property enjoys a mild climate with little chance of winter snow. No apparent adverse easements, encroachments, or other conditions impact the property. This is a rare chance to acquire a high-performing asset with significant growth potential. Take advantage of this remarkable opportunity to maximize your investment portfolio.

Type:
Duplex
Sq.Ft.:
1,876
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
2024
Baths:
MLS#:
SN24125288

ADDITIONAL INFORMATION

2024 Built Duplex located at the end of a cul-de-sac and resting on a spacious .50 acre lot. The duplex features 2-bedroom, 2 bathrooms units with an oversized 351 square foot 1 car garage. Each unit rents for 1,600 per month. 38,400 gross income a year. Shaker white cabinets with soft close doors and drawers. Granite countertops and undermount sinks in the kitchen and bathroom. Stainless steel appliances including a refrigerator, microwave hood, range, and a dishwasher. Washing machine and dryer are also included. The units have luxury vinyl plank flooring throughout the entire unit. Each unit has a covered front porch with a private 324 sq. ft. covered back patio. High efficiency mini split heating and air system with separate thermostats for the living room and both bedrooms. The oversized single car garage comes with a remote opener for easy access and own laundry area. The garage separates the units so there are no shared walls with your neighbor.

Type:
Apartment
Sq.Ft.:
1,752
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1972
Baths:
MLS#:
SN24099559

ADDITIONAL INFORMATION

This is a great opportunity to invest in Paradise with this Triplex that consists of 3 Separate Units that EACH consist of one bedroom and one bathroom , along with a full kitchen ,dining area ,living room and a indoor laundry area washer/dryer off the kitchen. All 3 units were completely updated after the Campfire due to smoke damage . Each unit has it's own washer/dryer ,refrigerator, microwave and gas stove. This Triplex also features a newer septic system as well as a certified/approved water filtration system. Previous owner added three separate large storage units that in the future could be included in the rental price or charged a additional fee. That is a option for the new owner .

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Paradise Real Estate

The median home value in Paradise, CA is $380,000. This is lower than the county median home value of $381,600. The national median home value is $338,100. The average price of homes sold in Paradise, CA is $380,000. Approximately 67.86% of Paradise homes are owned, compared to 23.23% rented, while 8.9% are vacant. Paradise real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Paradise real estate agent to arrange a tour today!

Paradise, California has a population of 27,919. Paradise is less family-centric than the surrounding county with 17.16% of the households containing married families with children. The county average for households married with children is 26.57%.

The median household income in Paradise, California is $53,310. The median household income for the surrounding county is $59,863 compared to the national median of $69,021. The median age of people living in Paradise is 56.5 years.

Paradise Weather

The average high temperature in July is 91.5 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 64 inches per year, with 1.7 inches of snow per year.

Paradise Real Estate Market Conditions

  • Median sales price

    $380,000
    9% change since last quarter
  • # Active listings

    683
    30-day change

Paradise Schools and Demographics

Education near Paradise, CA

Metric City County
High School Graduates 93.32 90.34
College Degree - 2 year 13.17 10.57
College Degree - 4 year 25.7 29.76
Graduate Degree 4.54 6.45
Expenditures per Student 15,415 15,415
Students per Teacher 20.4 20.4

Elementary Schools near Paradise, CA

School Grades Students P/T Ratio ZIP
Achieve Charter School of Paradise Inc. KG - 08 217 24.1 95969
Bird Street Elementary School KG - 05 182 26 95965
Blue Oak Charter KG - 08 430 22.6 95926
Cedarwood Elementary School KG - 05 265 25.5 95954
Children's Community Charter School KG - 08 226 22.6 95969
Citrus Avenue Elementary School KG - 06 328 21.7 95926
Concow Elementary School KG - 08 115 19.2 95965
Emma Wilson Elementary School KG - 06 609 23.4 95926
Marigold Elementary School KG - 06 556 25.9 95926
McManus (John A.) Elementary KG - 06 521 24 95926
Neal Dow Elementary School KG - 06 386 25.1 95926
Paradise Elementary School KG - 05 564 23.5 95969
Pine Ridge School KG - 08 482 22.2 95954
Plumas Avenue Elementary School KG - 05 281 25.3 95965
Ponderosa Elementary School KG - 05 536 22.5 95969
Poplar Avenue Elementary School KG - 05 235 24.5 95965
Shasta Elementary School KG - 06 696 26.5 95926
Sherwood Montessori School KG - 08 145 20.7 95926
Sierra Avenue Elementary School KG - 05 463 26.3 95965
Stream Charter KG - 08 268 42.9 95965
Wildflower Open Classroom KG - 08 133 22.2 95926

Middle Schools near Paradise, CA

School Grades Students P/T Ratio ZIP
Bidwell Junior High School 07 - 08 587 25 95926
Chico Junior High School 07 - 08 639 23.2 95926
Nelson Avenue Middle School 06 - 08 414 22.1 95965
Paradise Charter Middle School 06 - 08 156 25.2 95969
Paradise Intermediate School 06 - 08 413 18.7 95969

High Schools near Paradise, CA

School Grades Students P/T Ratio ZIP
Chico High School 09 - 12 1,769 23.8 95926
Inspire School of Arts and Sciences 09 - 12 443 20.1 95926
Paradise Elearning Academy 09 - 12 49 19.6 95969
Paradise Senior High School 09 - 12 1,106 20.2 95969
Pleasant Valley High School 09 - 12 1,792 23.5 95926

Ungraded Schools near Paradise, CA

School Grades Students P/T Ratio ZIP
* Academy for Change 07 - 12 25 7.3 95926
* Alternative for Change 07 - 12 0 95926
* Fair View High (Continuation) School 09 - 12 231 19.6 95926
* Honey Run Academy Secondary 07 - 12 9 9 95969
* Oroville High Community Day School 09 - 12 19 15.8 95965
* Paradise High - Rise 09 - 12 0 16 95969
* Prospect High (Continuation) School 09 - 12 150 17.3 95965
* Ridgeview High (Continuation) School 09 - 12 102 14.4 95954
Butte County Special Education School 05 - 08 73 4.6 95965
Center for Alternative Learning 06 - 12 33 20 95926
Core Butte Charter School KG - 12 678 22.1 95926
Hometech Charter School KG - 12 138 21.2 95969
Learning Community Charter School KG - 12 286 15.4 95965
Loma Vista School KG - 12 22 11 95926
Oakdale School KG - 12 92 40 95926
Table Mountain School KG - 12 23 5.9 95965

Demographics near Paradise, CA

Metric City County
Neighborhood Type Small town
Population 27,919 217,884
Population Density 473 133
Median Age 56.5 36.6
People per Household 2.1 2.5
Median Household Income 53,310 59,863
Average Income per Capita 37,593 33,424