324 W 16th Street Chico, CA 95928

$459,000 Active

About the Property

Welcome to the Barber District, where Chico charm meets modern convenience! This rare property offers two homes on one lot in one of Chico’s most premier and historic neighborhoods, making it an incredible opportunity for an investor, multi-generational living, or simply enjoying rental income to offset your mortgage. The front home is a 2-bedroom, 1-bathroom charmer with an additional bonus room that could easily serve as an office, den, or extra bedroom. Step inside and you’ll immediately notice the character, from the original hardwood floors to the abundant natural light streaming through the picture windows. The kitchen has been beautifully updated with crisp white cabinetry, marble-looking counters, stainless steel appliances, and a gas range, all with a view of the backyard. Other thoughtful upgrades include a newer central HVAC system and a 60-year composition shingle roof, both installed in 2021, giving peace of mind for years to come. Tucked at the back of the property, you’ll find a separate studio unit with its own kitchen, bathroom, and living/sleeping area. With both alley and backyard access plus its own parking space, this unit is perfectly set up for rental potential or as a private retreat for guests. The outdoor spaces are just as inviting, with a fenced front yard and porch perfect for morning coffee, and a backyard that offers storage, garden potential, and room to relax. All of this is set in a prime Chico location, just blocks from Chico State, Chico Country Day School, Rotary Park, and Downtown Chico’s shops, restaurants, and vibrant community events. Whether you’re looking for an income-producing property or a place that blends flexibility with historic charm, this Barber District gem checks all the boxes!

Property Information

Size 1,132 SqFt
Price/SqFt $405
Lot Size 0.11 Acres
Year Built 1950
Property Type Residential Income
Zoning R-2
Listing Number SN25191724
Listed 8/20/2025
Modified 8/27/2025
Listing Agent Tamara Lambert
Listing Office Thrive Real Estate Company
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 1
# Water Meters
  • 1
Accessibility Features
  • None
Cooling
  • Central Air
Electric
  • 220 Volts in Laundry
Exterior
  • Lighting
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Heating
  • Central
Interior
  • Ceiling Fan(s)
Levels
  • One
Other Structures
  • Two On A Lot
Pool
  • None
Price Pe rUnit
  • 229500
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 1200.00
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Laminate
  • Wood
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Storm Drains
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Gas Oven
  • Gas Range
  • Microwave
  • Range Hood
  • Self Cleaning Oven
  • Vented Exhaust Fan
  • Water Heater
  • Water Line to Refrigerator