$460,000

Estimated payment $2,825/month

Total Views 320
4 Beds
2 Baths
1,596 Sq Ft
$288 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Laundry Room
  • Chico Junior High School Rated A-
  • Living Room
  • Shed

About This Home

Welcome to this conveniently located duplex just minutes away from Downtown Chico and California State University. This property offers an excellent investment opportunity or live in one unit and rent the other. Two separate units, each featuring comfortable living spaces, a washer and dryer, private entrances, and dedicated parking. The location provides convenient access to shopping, dining, entertainment, and public transportation. Each unit is designed for functional living with spacious layouts. The units were updated in 2022 with new baths, new floors, new paint, and a fenced patio area in one of the units. Excellent rental history. The property is fenced all around. New roof in 2022 and new main water line. There are 2 parking spaces for each unit. You won't want to miss this opportunity.

Listing Agent

Claudia Villegas

eXp Realty of California, Inc. Brokerage Phone: 530-624-6989 License #01741721 Listed on: 08/19/2025

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 1975

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Turnkey
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 043150040000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,409
  • Pest Control $780
  • Trash Expense $504
  • Water Sewer Expense $831
  • Operating Expense $3,744
  • Gross Income $32,400
  • Net Operating Income $30,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,824

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Price Per Unit: 230000
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 830.50
  • Zoning: R3
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 043150040000
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Fenced and gated
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 288.22
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Pest Control Expense: 780.00
  • Sewer: Public Sewer
  • Trash Expense: 504.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Trash Collection

Multi Family

  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 2409.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 30700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1700.00
  • Rent Control: No
  • Total Actual Rent: 32400.00
  • Total Expenses: 3743.50

Tax Info

  • Tax Census Tract: 6.04
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,824 $351,788 $178,600 $173,188
2024 $3,824 $344,892 $175,099 $169,793
2023 $3,779 $338,130 $171,666 $166,464
2022 $3,719 $331,500 $168,300 $163,200
2021 $1,262 $111,282 $45,980 $65,302
2020 $1,258 $110,142 $45,509 $64,633
2019 $1,235 $107,983 $44,617 $63,366
2018 $1,213 $105,867 $43,743 $62,124
2017 $1,204 $103,792 $42,886 $60,906
2016 $1,102 $101,758 $42,046 $59,712
2015 $1,102 $100,231 $41,415 $58,816
2014 $1,088 $98,268 $40,604 $57,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $460,000 -- $288 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $325,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,113 FHA
Previous Owner $213,500 New Conventional
Previous Owner $15,000 Commercial
Previous Owner $98,980 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $105,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25186336

California Regional Multiple Listing Service (CRMLS)

APN: 043-150-040-000