1170 Hobart Street Chico, CA 95926

$495,000 Active

About the Property

Two Homes on One Lot in the Heart of Chico! Ideally located near Chico State, downtown, and all the best of central Chico, both homes have been tastefully updated and are full of charm! Each home features 2 bedrooms, 1 bathroom, approximately 1,000 sq. ft. of living space, private laundry areas, and fenced yards, perfect for privacy and outdoor enjoyment. The front unit is picture-perfect with fresh exterior paint, beautiful curb appeal, a carport, and both front and back yard space, including a cozy patio area. Inside, the home has been freshly painted throughout, including the kitchen cabinets, and includes updated light fixtures, mirrors, fans, cabinet hardware, and more. The back unit is equally adorable, set behind a white picket fence with a spacious front yard and private setting. It boasts a large living area and an open-concept kitchen that feels bright and inviting. This is a rare find, two updated homes on one lot, in an unbeatable location. Don’t miss your chance to own this Chico gem!

Property Information

Size 2,000 SqFt
Price/SqFt $248
Lot Size 0.22 Acres
Year Built 1928
Property Type Residential Income
Zoning R2-SD
Listing Number SN26069212
Listed 3/31/2026
Modified 4/2/2026
Listing Agent Eric Stofa
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 1
# Water Meters
  • 1
Accessibility Features
  • 2+ Access Exits
Carport Spaces
  • 2.00
Cooling
  • Central Air
Electric
  • 220 Volts in Laundry
Fencing
  • Average Condition
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 39636.00
Gross Operating Income
  • 38844.00
Gross Scheduled Income
  • 39636.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 28465.00
Operating Expense
  • 10379.00
Other Structures
  • Two On A Lot
Parking Total
  • 6.00
Pool
  • None
Price Pe rUnit
  • 247500
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Style
  • Cottage
Total Actual Rent
  • 1450.00
Total Expenses
  • 10379.00
Uncovered Spaces
  • 4.00
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Carpet
  • Laminate
Interior
  • Ceiling Fan(s)
  • Recessed Lighting
Tenant Pays
  • Gas
  • Electricity
Community Features
  • Gutters
  • Curbs
  • Street Lights
  • Sidewalks
Utilities
  • Natural Gas Connected
  • Sewer Connected
  • Electricity Connected
  • Water Connected
Appliances
  • Disposal
  • Refrigerator
  • Range Hood
  • Electric Range
  • Electric Oven