454 E 8th St Chico, CA 95928
East Streets Neighborhood
5
Beds
4
Baths
3,085
Sq Ft
7,405
Sq Ft Lot
Highlights
- Dining Room with Fireplace
- Traditional Architecture
- Corner Lot
- Parkview Elementary School Rated A-
- Wood Flooring
- No HOA
About This Home
As of July 2025This Historic 4-Plex near Downtown Chico is available for sale!
With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential higher than existing.
Each unit has a spacious layout, with 3 one-bedroom units and 1 two bedroom unit, they have updated kitchen and baths in most units.
Recent improvements have been roof replaced where needed and most of the home inspection items have been dealt with
This prime location offers tenants easy access to shops, restaurants, transit and entertainment.
This property is prefect for generating steady rental income while owning a piece of Chico's history!
Last Agent to Sell the Property
Platinum Partners Real Estate Brokerage Phone: 530-520-0308 License #00772540 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,174
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in average condition
- Corner Lot
- No Sprinklers
- Back and Front Yard
Parking
- Off-Site Parking
Home Design
- Quadruplex
- Traditional Architecture
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,085 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Dining Room with Fireplace
- Center Hall
- Gas Range
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Heating System Uses Natural Gas
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 5 / F
- Assessor Parcel Number 004387013000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 3 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,500
- Fuel Expense $1,200
- Gardener Expense $1,200
- Insurance Expense $3,500
- Trash Expense $920
- Water Sewer Expense $804
- Operating Expense $9,124
- Net Operating Income $46,532
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Jul 15, 2025
Sold by
Reid Kathryn and Smith Laura
Bought by
Hollmer Jaclyn and Neumann Bryson
Seller's Agent
Becky Prater
Platinum Partners Real Estate
Buyer's Agent
Andrew Acevedo
Thrive Real Estate Company
List Price
$715,000
Sold Price
$540,000
Premium/Discount to List
-$175,000
-24.48%
Views
255
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
349.94%
Original Mortgage
$486,000
Outstanding Balance
$486,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$123,040
Purchase Details
Listed on
Dec 15, 2023
Closed on
Apr 8, 2024
Sold by
Bordenave Neal
Bought by
Reid Kathryn and Smith Laura
Seller's Agent
Danielle Branham
Century 21 Select Real Estate, Inc.
Buyer's Agent
Becky Prater
Platinum Partners Real Estate
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Views
255
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.70%
Original Mortgage
$532,500
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2019
Sold by
Lucero Janelle and Lucero Marc
Bought by
Bordenave Neal
Purchase Details
Closed on
Feb 11, 2016
Sold by
Lucero Marc and Lucero Marc J
Bought by
Lucero Janelle and Lucero Marc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2005
Sold by
Lucero Marc J and Lucero Marc Jeffrey
Bought by
Lucero Marc J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $715,000 | Mid Valley Title & Escrow | |
| Grant Deed | $510,000 | Timios Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Co Of Ca | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,500 | New Conventional | |
| Previous Owner | $275,000 | New Conventional | |
| Previous Owner | $130,000 | Credit Line Revolving | |
| Previous Owner | $243,000 | Unknown | |
| Previous Owner | $183,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $540,000 | -5.1% | $175 / Sq Ft |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | Price Changed | $569,000 | -9.0% | $184 / Sq Ft |
| 02/14/2025 02/14/25 | Price Changed | $625,000 | -7.4% | $203 / Sq Ft |
| 12/30/2024 12/30/24 | Price Changed | $675,000 | -5.6% | $219 / Sq Ft |
| 11/22/2024 11/22/24 | For Sale | $715,000 | -- | $232 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,174 | $729,260 | $178,500 | $550,760 |
| 2024 | $6,174 | $555,568 | $246,068 | $309,500 |
| 2023 | $6,102 | $546,676 | $241,244 | $305,432 |
| 2022 | $6,004 | $535,997 | $236,514 | $299,483 |
| 2021 | $5,892 | $525,527 | $231,877 | $293,650 |
| 2020 | $5,875 | $520,160 | $229,500 | $290,660 |
| 2019 | $3,547 | $312,848 | $105,093 | $207,755 |
| 2018 | $3,483 | $306,731 | $103,033 | $203,698 |
| 2017 | $3,411 | $300,733 | $101,013 | $199,720 |
| 2016 | $3,114 | $294,853 | $99,033 | $195,820 |
| 2015 | $3,114 | $290,437 | $97,546 | $192,891 |
| 2014 | $3,040 | $284,765 | $95,636 | $189,129 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Becky Prater
Platinum Partners Real Estate
(530) 520-0308
2 in this area
110 Total Sales
-
Buyer's Agent in 2025
Andrew Acevedo
Thrive Real Estate Company
(530) 514-5801
2 in this area
63 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN24238414
APN: 004-387-013-000
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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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