454 East 8th Street

Chico, CA 95928

$715,000
Price
5
Beds
4
Baths
3,085 Sq. Ft.
$232 / Sq. Ft.
3,085
Sq. Ft.
$232
per Sq. Ft.

Description

This 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...This 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, termite clearance and most of the home inspection items have been dealt with1
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!
  1. Listed by Becky Prater • DRE #00772540 • Brokerage DRE #02245774 • Platinum Partners Real Estate • 530-520-0308

Property Details for 454 East 8th Street

Architectural Style
Traditional
View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 11/22/2024 10:34 PM

Property Details for 454 East 8th Street

StatusActive
MLS #SN24238414
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.17 AC / 7,405 SF
CountyButte County

Building Information for 454 East 8th Street

Stories2Residences-Year Built1920Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 454 East 8th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $55,656
  • Net Operating Income: $46,532
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $9,124
  • Gardener Expense: $1,200
  • Fuel Expense: $1,200
  • Electric Expense: $1,500
  • Insurance Expense: $3,500
  • Trash Expense: $920
  • Water Sewer Expense: $804
  • Total Expenses: $9,124
Tax / Assessment Info
  • Tax Block: F
  • Tax Census Tract: 10.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Outside, Room, Washer, Washer Hookup, Washer Included
  • Interior Features: Ceiling Fan(s)
  • Room Type: Center Hall
  • Laundry: Yes
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Outside, Washer Hookup, Washer Included
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None, Dining Room
  • Fireplace Rooms: Dining, None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace, Natural Gas, Wall
  • Heat Source: Natural Gas
  • Heating: Floor Furnace, Natural Gas, Wall Furnace
  • Heat Equipment: Floor Furnace
  • Flooring: Laminate, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Average Condition
  • Foundation Details: Raised
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinklers None
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: None, Offsite
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None, Off Site
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,088
  • Unit Type Total Rent: $1,088
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 1150
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Refrigerator: 4

Property History for 454 East 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 454 East 8th Street

Taxable ValueLand$246,068Additions$311,500Total$557,568
Tax Record2024$6,174 ($515 / month)
Home Facts
Baths1Total Finished SqFt3,085 SqFtAbove Grade Finished SqFt3,085 SqFtStories2Lot Size7,405 SqFtStyleQuadraplexYear Built1920Year Renovated1930ZoningORCountyBUTTEAPN004-387-013-000

Schools near 454 East 8th Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Parkview Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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454 East 8th Street is a multi-family home for sale in Chico, CA 95928. This property was listed for sale on November 21, 2024 by Platinum Partners Real Estate, it's currently listed at $715,000. It has been on the market for a total of 1 days and was last sold on May 3, 2024. This listing's school district is Chico Unified School District. Nearby schools include Parkview Elementary School, Chico Junior High School and Chico High School. 454 East 8th Street is a 5-bed, 4-bath, 3,085 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Platinum Partners Real Estate, Becky Prater, DRE #00772540

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.