$259,000

Estimated payment $1,456/month

Total Views 649
2 Beds
-- Bath
1,048 Sq Ft
$247 Price per Sq Ft

Highlights

  • Very Popular Property
  • Above Ground Spa
  • Neighborhood Views
  • Parkview Elementary School Rated A-
  • No HOA
  • Two Homes on a Lot

About This Home

Discover a rare investment opportunity at 961 Aspen Street in Chico, CA—where history meets modern living with two homes on a single lot! Once part of the renowned Diamond Match Factory, these unique units boast an intriguing backstory—the original buildings were "given away" with the promise that you could haul them off. Two friends, armed with a case of beer, transported these gems from their original locations, breathing new life into them in their current setting.

Today, the front unit, originally an office, has been transformed into a contemporary rental space, while the back unit, once a break room and kitchen for factory workers, has also been repurposed to offer comfortable accommodations. Each unit reflects a blend of historical charm and modern functionality, making them highly desirable for renters.

The property features ample off-street parking for convenience, and an inviting outdoor living space that includes a rejuvenating hot tub, a laundry area, an outdoor shower, and storage options. This combination of unique history, practical living spaces, and outdoor delights makes 961 Aspen Street not just a property, but a remarkable investment opportunity. Expand your rental portfolio or live in one and rent the other. Don’t miss your chance to own a piece of Chico’s rich history—schedule a tour today!

Listing Agent

Sandi Bauman

Chico Homes Brokerage Phone: 530-864-5407 License #01460929 Listed on: 07/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Bedrooms
  • 1,048 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Outdoor Features

  • Above Ground Spa
  • Shed
  • Outbuilding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts For Spa

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 21 / 5
  • Assessor Parcel Number 004353030000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$264

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer, Fridge, Hot Tub, Generator
  • Price Per Unit: 129500
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 004353030000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 247.14
  • Room Type: All Bedrooms Down
  • Spa Features: Above Ground

Exterior Features

  • Other Structures: Outbuilding, Shed(s), Two On A Lot
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts For Spa
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 9600.00
  • Gross Scheduled Income: 9600.00
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 10.00
  • Tax Lot: 21

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $264 $29,603 $10,023 $19,580
2024 $264 $29,024 $9,827 $19,197
2023 $694 $28,456 $9,635 $18,821
2022 $687 $27,899 $9,447 $18,452
2021 $680 $27,353 $9,262 $18,091
2020 $679 $27,074 $9,168 $17,906
2019 $674 $26,544 $8,989 $17,555
2018 $2,215 $163,200 $112,200 $51,000
2017 $739 $25,515 $8,641 $16,874
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $259,000 -- $247 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $110,000 Old Republic Title
Grant Deed $160,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 New Conventional
Previous Owner $130,000 Construction
Previous Owner $70,000 Unknown
Previous Owner $40,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25167213

California Regional Multiple Listing Service (CRMLS)

APN: 004-353-030-000