1131 W 6th St Chico, CA 95928
South Campus NeighborhoodEstimated payment $4,182/month
Highlights
- 0.26 Acre Lot
- Property is near public transit
- Main Floor Bedroom
- Chico Junior High School Rated A-
- Wooded Lot
- High Ceiling
About This Home
Welcome to 1131 & 1133 W. 6th St, an exceptional investment opportunity, just blocks from Chico State University and Historic Downtown. This property features two beautifully upgraded homes on one lot, offering rare versatility and long-term value in a highly sought-after location. The front home (1131) is a spacious 4-bedroom,2-bathroom residence with a finished basement that serves as a perfect 5th bedroom or bonus room - ideal for student housing or larger households. It has undergone extensive renovations, including updated bathrooms, fixtures, electrical upgrades, and waterproof flooring throughout. With its generous layout and prime location, it's a proven income generator with a strong rental history. Tucked at the rear of the property is 1133, a 2-bedroom, 2-bathroom unit that was also completely remodeled. With no shared walls between the two homes, each offers privacy and comfort. Both units feature indoor laundry, separate mailing addresses, and their own fully fenced backyards, providing a true sense of independent living. While the property shares a water meter, all other utilities are separately metered, making management easy and straightforward. Zonex R3, the property may also offer development potential, with previous discussions indicating the possibility of adding a third detached unit (Buyer to verify with the City of Chico). Located just 10 blocks from Campus and a few minutes from local shops, restaurants, and parks, this location checks every box for convenience, rental demand, and lifestyle appeal. Whether you're a seasoned investor or looking for a place to live while earning income, 1131 & 1133 W. 6th St is a rare gem ready to work for you!
Listing Agent
Keller Williams Realty Chico Area Brokerage Phone: 530-354-4244 License #01772692
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1895
Lot Details
- 0.26 Acre Lot
- No Common Walls
- Wood Fence
- Chain Link Fence
- Rectangular Lot
- Level Lot
- Wooded Lot
- Private Yard
- Back and Front Yard
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,200 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- Ceiling Fan
- Blinds
- Window Screens
- Living Room
- Storage
- Utility Room
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Gas Range
- Free-Standing Range
- Range Hood
- Dishwasher
- Laminate Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Parking Available
- Gravel Driveway
- Driveway Level
- Parking Lot
- Off-Street Parking
Outdoor Features
- Exterior Lighting
- Shed
- Rain Gutters
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 004205002000
- Tax Block 121
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,200
- New Taxes Expense $5,335
- Operating Expense $9,535
- Gross Income $54,000
- Net Operating Income $44,465
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $639,000 | +19.8% | $290 / Sq Ft |
| 06/15/2020 06/15/20 | Sold | $533,500 | -2.8% | $240 / Sq Ft |
| 05/19/2020 05/19/20 | Pending | -- | -- | -- |
| 11/25/2019 11/25/19 | Price Changed | $549,000 | -5.2% | $247 / Sq Ft |
| 09/26/2019 09/26/19 | For Sale | $579,000 | +48.5% | $261 / Sq Ft |
| 11/21/2014 11/21/14 | Sold | $390,000 | -2.3% | $113 / Sq Ft |
| 11/07/2014 11/07/14 | Pending | -- | -- | -- |
| 10/02/2014 10/02/14 | For Sale | $399,000 | -- | $115 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25094997
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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