282 E 8th St Chico, CA 95928
Downtown Chico NeighborhoodEstimated payment $6,753/month
Total Views
7,450
8
Beds
10
Baths
4,600
Sq Ft
$228
Price per Sq Ft
Highlights
- 0.18 Acre Lot
- Neighborhood Views
- Laundry Room
- Parkview Elementary School Rated A-
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
Elevate your investment portfolio with this rare and remarkable opportunity to own a beautifully curated collection of studio and one-bedroom lofts in the heart of downtown. Blending historic charm with modern upgrades, this unique property offers a distinctive living experience that appeals to both residents and investors alike. Every unit has been tastefully updated in recent years, ensuring contemporary comfort while preserving the character of the building. Additionally, the property has undergone extensive renovations from top to bottom, including a new roof and refurbished decking, providing long-term peace of mind. Residents enjoy an unbeatable location, where vibrant downtown life is just a short walk or bike ride away. Quaint coffee shops, locally beloved restaurants, and boutique shopping are all within easy reach, making this an ideal spot for those who appreciate urban convenience with a touch of historic charm. The outdoor spaces are equally inviting, offering multiple porches perfect for sipping your morning coffee and a lush courtyard where residents can relax, dine al fresco, or even harvest fresh figs and oranges from the on-site trees. With its blend of timeless elegance, modern enhancements, and prime downtown location, this property is a truly rare find—perfect for investors looking to add a high-demand asset to their portfolio. Don’t miss this chance to own a piece of Chico’s history while securing a strong investment for the future!
Listing Agent
Re/Max of Chico Brokerage Phone: 530-896-9300 License #01861484 Listed on: 04/04/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1901
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
Home Design
- Apartment
- Composition Roof
Interior Spaces
- 4,600 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Bathrooms
Parking
- Parking Available
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 3,4 / 37
- Assessor Parcel Number 004385006000
Community Details
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $392
- Insurance Expense $8,221
- Professional Management Expense $6,222
- Trash Expense $2,122
- Water Sewer Expense $4,253
- New Taxes Expense $12,639
- Operating Expense $45,254
- Gross Income $9,880
- Net Operating Income $70,916
Additional Features
- 10 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $1,049,000 | 0.0% | $228 / Sq Ft |
| 08/13/2025 08/13/25 | Off Market | $1,049,000 | -- | -- |
| 06/30/2025 06/30/25 | Price Changed | $1,049,000 | -4.2% | $228 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $1,095,000 | -4.7% | $238 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $1,149,000 | -- | $250 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Home in Chico, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25072020
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