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454 E 8th St, Chico, CA, 95928

$715,000

Home List Price

$8,491*

Closing Credit

0 Baths
Multi

Location

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454 E 8th St, Chico$715,000

Buyer Closing Credits

$8,491*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone, Off Site
Year Built1920
HeatingFloor Furnace, Natural Gas, Wall Furnace
CoolingWall/Window Unit(s)
FireplaceDining Room, None
ViewNone
MLS #SN24238414
Lot Size0.17 Acres
StatusActive

About 454 E 8th St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 2

Listing Office:

  • Office Name: Platinum Partners Real Estate
  • Office Phone: (530) 520-0308
  • Listing Agent: Becky Prater

Interior Features

Interior Information:

  • Appliances: Gas Range, Dryer, Washer
  • Flooring Type: Laminate, Wood
  • Interior: Ceiling Fan(s)
  • Fireplace: Dining Room, None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Rain Gutters

Parking Information:

  • Parking: None, Off Site

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Front Yard
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Natural Gas, Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: NE Corner of 8th and Orient

Price Information

Listing Price Info

Price Summary:

  • List Price: $715,000

Tax Information:

  • Annual Amount: $5,892
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chico, CA.

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Chico, CA

City

Med. Sold Price

$465.1K

Med. Price/SqFt

$296

Avg. Days On Market

30

# of Sold Homes

75

454 E 8th St vs Chico

1 DAY ON ROCKET

-29 Days

$715,000

+$249.8K More

KEY TAKEAWAY

This property is $249.8K more than the Median Sold Price in Chico, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SN24238414

Listing Office:

  • Office Name: Platinum Partners Real Estate
  • Office Phone: (530) 520-0308
  • Listing Agent: Becky Prater

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 01, 2019Home Sold
$510,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,892$525,527
2020$5,875$518,160
2019$3,482$312,048
2018$3,483$305,931
2017$3,411$299,933

History based on county public records data.

Payment Calculator

$3,636

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,210

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1095872
2
/10

  • Chapman Elementary School

  • 1071 E 16th St

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-1095873
6
/10

  • Rosedale Elementary School

  • 100 Oak St

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-1095874
5
/10

  • Hooker Oak Elementary School

  • 1238 Arbutus Ave

  • 1.08 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,193. Most Chico, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Butte County›Chico›95928›454 E 8th St

This home is located at 454 E 8th St in Chico, CA and zip code 95928. This home, which was built in 1920, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $715,000.

In October 2024 more than 33 listings in Chico, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 29 were sold below. In October 2024 in Chico, CA there were 7.9% less homes for sale than in September 2024. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $465,126.

From Rocket Homes Real Estate and based on county public records data.

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