$542,500

88 Key West Loop Chico, CA 95973

Chico Area

Estimated payment $3,461/month

5 Beds
4 Baths
6,000 Sq Ft
$90 Price per Sq Ft

Highlights

  • Dual Staircase
  • Contemporary Architecture
  • No HOA
  • Chico Junior High School Rated A-
  • Corner Lot
  • Laundry closet

About This Home

Clean, updated, and ready for its next owner—this duplex offers a fantastic opportunity for both investors and owner-occupants!

Each unit enjoys its own private entrance, two-car garage, and private outdoor space, creating the feel and privacy of two separate homes.

Upstairs, you'll find a bright and inviting 2-bedroom, 2-bath unit complete with its own washer and dryer, full kitchen, spacious living room, and newer flooring and paint. Large windows fill the home with natural light and offer peaceful treetop views, making this a comfortable space to call home.

The 3-bedroom, 2-bath downstairs unit has its own private entrance on the opposite side of the building and features a large living room, spacious kitchen that opens to the main living area, and a dedicated laundry closet with its own washer and dryer. A sliding glass door leads to a private, enlarged patio, and this unit also includes its own private two-car garage. Recent improvements include fresh exterior paint and new LVP flooring.

Whether you're looking to add to your real estate portfolio or searching for a smart owner-occupant opportunity, this property offers flexibility and income potential. Live in one unit and rent the other, or rent both for a solid investment opportunity. Previous rents were $1,600/month for the 2-bedroom unit and $1,950/month for the 3-bedroom unit.

Two homes, two garages, private outdoor spaces, and plenty of possibilities—all in one property.

Listing Agent

Becky Prater

Platinum Partners Real Estate Brokerage Phone: 530-520-0308 License #00772540 Listed on: 08/22/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in average condition
  • Drip System Landscaping
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Density is 6-10 Units/Acre

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Level

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 006370072000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,300
  • Pest Control $720
  • Professional Management Expense $4,260
  • Trash Expense $720
  • Water Sewer Expense $2,040
  • Operating Expense $10,040
  • Gross Income $42,600
  • Net Operating Income $32,560

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

5,227 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: 2 each refrigerator, washers and dryers
  • Professional Management Expense: 4260.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2040.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 006370072000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), 2 Staircases
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 90.42

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood, Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Drywall Walls

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Concrete, Driveway Level, Driveway, Garage Door Opener, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator, Range Hood, Dishwasher
  • Heating Type: Natural Gas, Central
  • Laundry Features: Inside, In Closet, Washer Hookup, Washer Included, Dryer Included
  • Pest Control Expense: 720.00
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Corner Lot, Level with Street, Landscaped, Sprinklers Drip System, Sprinkler System, 6-10 Units/Acre
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Gas, Water, Electricity

Multi Family

  • Gross Income: 42600.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 32560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 10040.00
  • Rent Control: No
  • Total Expenses: 10040.00

Tax Info

  • Tax Lot: 1

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,823 $530,000 $155,000 $375,000
2025 $5,571 $504,000 $155,000 $349,000
2024 $5,571 $504,000 $155,000 $349,000
2023 $5,581 $495,000 $155,000 $340,000
2022 $5,425 $485,000 $155,000 $330,000
2021 $5,415 $475,000 $145,000 $330,000
2020 $4,608 $385,000 $135,000 $250,000
2019 $4,473 $375,000 $130,000 $245,000
2018 $4,305 $375,000 $125,000 $250,000
2017 $4,325 $375,000 $125,000 $250,000
2016 $3,794 $350,000 $110,000 $240,000
2015 $3,585 $320,000 $90,000 $230,000
2014 $3,937 $320,000 $90,000 $230,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2026 08/22/26 For Sale $542,500 -- $90 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Bidwell Title & Escrow Co
Interfamily Deed Transfer -- Bidwell Title & Escrow Compa
Grant Deed $420,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $248,650 New Conventional
Closed $255,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26181381

California Regional Multiple Listing Service (CRMLS)

APN: 006-370-072-000

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