Estimated payment $3,491/month
Highlights
- Very Popular Property
- Neighborhood Views
- Recessed Lighting
- Chico Junior High School Rated A-
- Living Room
- Laundry Room
About This Home
Situated in a highly coveted location just steps from Chico State University, vibrant downtown Chico, and an array of local amenities, this charming duplex offers an exceptional investment opportunity. Whether you're aiming to generate additional income or grow your real estate portfolio, this property features two well-designed units that blend comfort with convenience. Each unit includes its own private entrance for enhanced tenant privacy, along with a thoughtfully arranged kitchen complete with bar seating—ideal for casual meals. Sunlight fills the spacious living areas through abundant windows, showcasing the early 1900s character that sets this property apart. The large bedrooms offer a comfortable retreat, complemented by ceiling fans throughout to maintain year-round comfort. Additional highlights include a shared laundry area, private front decks for each unit, a generous backyard perfect for relaxing or entertaining, eight parking spaces per tenant, and the modern comfort of central heating and air. Whether you're an experienced investor or just beginning your real estate journey, this is a rare opportunity to own a classic Chico property with both timeless charm and strong income potential. Don’t miss your chance—invest in one of Chico’s most desirable locations today!
Listing Agent
Capital Rivers Commercial Inc Brokerage Phone: 530-514-6288 License #01861484 Listed on: 12/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,073
Year Built
- Built in 1905
Lot Details
- 7,405 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Back and Front Yard
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,956 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Recessed Lighting
- Living Room
- Neighborhood Views
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 004021005000
Community Details
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Gardener Expense $1,825
- Insurance Expense $2,100
- Maintenance Expense $3,000
- Trash Expense $1,700
- Water Sewer Expense $2,400
- New Taxes Expense $6,581
- Operating Expense $17,906
- Gross Income $4,650
- Net Operating Income $35,404
Additional Features
- 2 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,073 | $467,930 | $264,751 | $203,179 |
| 2024 | $5,073 | $458,756 | $259,560 | $199,196 |
| 2023 | $5,013 | $449,762 | $254,471 | $195,291 |
| 2022 | $4,934 | $440,944 | $249,482 | $191,462 |
| 2021 | $4,841 | $432,299 | $244,591 | $187,708 |
| 2020 | $4,827 | $427,868 | $242,084 | $185,784 |
| 2019 | $4,744 | $419,480 | $237,338 | $182,142 |
| 2018 | $4,657 | $411,256 | $232,685 | $178,571 |
| 2017 | $4,563 | $403,193 | $228,123 | $175,070 |
| 2016 | $4,164 | $395,288 | $223,650 | $171,638 |
| 2015 | $4,164 | $389,351 | $220,291 | $169,060 |
| 2014 | $4,064 | $381,725 | $215,976 | $165,749 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $585,000 | -- | $299 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Mid Valley Title & Escrow Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | $221,000 | None Available | |
| Trustee Deed | $214,471 | First American Title Co | |
| Interfamily Deed Transfer | -- | Bidwell Title & Escrow Compa |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $206,250 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25268263
APN: 004-021-005-000
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