1241 Warner Street Chico, CA 95926

$460,000 Active

About the Property

Welcome to this conveniently located duplex just minutes away from Downtown Chico and California State University. This property offers an excellent investment opportunity or live in one unit and rent the other. Two separate units, each featuring comfortable living spaces, a washer and dryer, private entrances, and dedicated parking. The location provides convenient access to shopping, dining, entertainment, and public transportation. Each unit is designed for functional living with spacious layouts. The units were updated in 2022 with new baths, new floors, new paint, and a fenced patio area in one of the units. Excellent rental history. The property is fenced all around. New roof in 2022 and new main water line. There are 2 parking spaces for each unit. You won't want to miss this opportunity.

Property Information

Size 1,596 SqFt
Price/SqFt $288
Lot Size 0.15 Acres
Year Built 1975
Property Type Residential Income
Zoning R3
Listing Number SN25186336
Listed 8/19/2025
Modified 8/20/2025
Listing Agent Claudia Villegas
Listing Office eXp Realty of California, Inc.
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Exterior
  • Barbecue Private
Fireplace
  • None
Flooring
  • Laminate
Garage Spaces
  • 0.00
Gross Income
  • 32400.00
Gross Scheduled Income
  • 32400.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 30700.00
Operating Expense
  • 1700.00
Other Structures
  • Shed(s)
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 230000
Roofing
  • Shingle
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Tenant Pays
  • Trash Collection
Total Actual Rent
  • 32400.00
Total Expenses
  • 3743.50
Uncovered Spaces
  • 4.00
Water Source
  • Public
Construction Materials
  • Drywall Walls
  • Stucco
Cooling
  • Central Air
  • Electric
Fencing
  • Chain Link
  • Wood
Appliances
  • Dishwasher
  • Disposal
  • Refrigerator
Community Features
  • Biking
  • Curbs
  • Sidewalks
  • Street Lights
Utilities
  • Cable Available
  • Electricity Connected
  • Sewer Connected
  • Water Connected