$11,000
●
Land -
For Sale
13774 Andover Drive
Magalia, CA 95954
Studio
0 Bath
$80
Est. Monthly
$26
HOA / Fees
About This Property
Fantastic building site in lower Magalia! Corner lot on a
cul-de-sac! Enjoy a quick and easy commute via Skyway down to
Paradise and Chico. Outdoor enthusiasts will appreciate the
convenient proximity to Paradise Lake, DeSabla Lake, Lake Oroville
Marina, and the Feather River. As part of the Paradise Pines
Property Owners Association, there is access to all the amenities,
including tennis courts, a swimming pool, spa, bocce ball court,
playground, hiking trails, a clubhouse with a rentable banquet room
and full kitchen, bar, lounge, and more. The site previously had a
1344 square foot home on it. Check with Butte County for
school fee permit building credits based on previous square footage
to apply towards your new home!
Unit Size
-
Days on Market
5 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$26
Year Built
1979
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (CRMLS #SN26225536)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Listed by Chico Homes | $11,000 | |
| Listed by Chico Homes | |||
| Aug 11, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Simplistic Realty | $22,000 | |
| Listed by Simplistic Realty | |||
 | |||
|
Site previously had a 2bed/2bath approximately 1344 square foot home on it. Property has been cleared and ready to build. Priced to sell!
| |||
Property Highlights
Exterior Details
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 10454
Lot Size Units: Square Feet
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Tax Lot: 169
Water Source: Public
Location Details
HOA Fee: $310
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Magalia
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Listed by: Sandi Bauman, Chico Homes
Last Updated: 5 days ago
Data Source: CRMLS, MLS# SN26225536
Last Updated: 5 days ago
Data Source: CRMLS, MLS# SN26225536
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