Seller's Agent in 2025
Matt Depa
Capital Rivers Commercial Inc
(530) 514-6288
5 in this area
40 Total Sales
818 Chestnut St Chico, CA 95928
South Campus Neighborhood
6
Beds
5
Baths
2,720
Sq Ft
8,712
Sq Ft
Highlights
- Neighborhood Views
- Ductless Heating Or Cooling System
- Laundry Room
- Chico Junior High School Rated A-
- Living Room
- Ceiling Fan
About This Home
As of October 2025The 4-Plex Investment You’ve Been Waiting For! Perfectly positioned in a prime Chico location near Downtown, CSU Chico, and a variety of local shops, restaurants, and entertainment, this property offers four well-appointed units, each designed to attract quality tenants and provide reliable income potential. Whether you’re looking to grow your real estate portfolio or secure a property that delivers both equity growth and steady rental returns, this is an opportunity you won’t want to pass up. The front building features two charming 1-bedroom, 1-bathroom units, each boasting tile flooring, nicely designed kitchens, and a layout that offers everything tenants need for comfortable daily living. These units are perfect for tenants seeking a convenient location near the heart of the city. Unit 3 offers 2 bedrooms and 2 bathrooms, ideal for tenants who appreciate extra space. Unit 4 features 2 bedrooms and 1 bathroom and has been built in the last two years with modern fixtures, stylish finishes, and an inviting kitchen that makes meal prep a pleasure. Throughout the units, you’ll find laminate floors for easy maintenance, separate indoor laundry areas, ceiling fans for year-round comfort, spacious bedrooms, and off-street parking for added convenience. With its unbeatable location, attractive interiors, and diverse unit mix, this property stands out as a smart investment with long-term potential.
Last Agent to Sell the Property
Capital Rivers Commercial Inc License #01861484 Listed on: 08/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1902
Lot Details
- 8,712 Sq Ft Lot
- 1 Common Wall
Home Design
- Quadruplex
Interior Spaces
- 2,720 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- Parking Available
- Off-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 2 / 102
- Assessor Parcel Number 004277003000
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,094
- Trash Expense $920
- Water Sewer Expense $2,307
- New Taxes Expense $9,027
- Operating Expense $15,348
- Gross Income $5,465
- Net Operating Income $52,152
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2025 10/08/25 | Sold | $825,000 | 0.0% | $303 / Sq Ft | |
| 08/17/2025 08/17/25 | Pending | -- | -- | -- | |
| 08/13/2025 08/13/25 | For Sale | $825,000 | -6.8% | $303 / Sq Ft | |
| 02/18/2023 02/18/23 | Sold | $885,000 | -1.6% | $305 / Sq Ft | View Prior Sale |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- | |
| 12/07/2022 12/07/22 | For Sale | $899,000 | -- | $310 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $10,018 | $920,653 | $187,272 | $733,381 |
| 2024 | $10,018 | $900,150 | $183,600 | $716,550 |
| 2023 | $8,488 | $757,900 | $204,000 | $553,900 |
| 2022 | $7,260 | $319,475 | $154,585 | $164,890 |
| 2021 | $3,554 | $313,211 | $151,554 | $161,657 |
| 2020 | $3,547 | $310,000 | $150,000 | $160,000 |
| 2019 | $724 | $58,954 | $15,459 | $43,495 |
| 2018 | $710 | $57,799 | $15,156 | $42,643 |
| 2017 | $690 | $56,666 | $14,859 | $41,807 |
| 2016 | $635 | $55,556 | $14,568 | $40,988 |
| 2015 | $634 | $54,723 | $14,350 | $40,373 |
| 2014 | $625 | $53,652 | $14,069 | $39,583 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Depa
-
Bob Contreras
Buyer's Agent in 2025
Bob Contreras
RE/MAX
2 in this area
37 Total Sales
-
David Bronson
Seller's Agent in 2023
David Bronson
People's Choice Brokers
(530) 933-6825
1 in this area
27 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,311 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25180679
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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