479 E 9th Street Chico, CA 95928

$450,000 Active

About the Property

Chico Charmer with Bonus Detached Studio! In the heart of Downtown and blocks away from Bidwell Park, this fully furnished and beautifully remodeled property offers incredible flexibility and income potential. The front home and detached studio in the back (with alley access) have both been tastefully updated. The front unit is currently currently operating as successful Airbnb rental and the back unit has had a long-term lease. Inside the main home, you'll find a brand new gas fireplace, beautiful flooring in the kitchen and dining area and newer carpet in the bedrooms, with eye-catching custom feature walls in every room. The renovated kitchen features granite and marble countertops, a high-end Zline gas range, and stainless steel appliances. Other highlights include dual pane windows (tempered in the front), large closets, crown molding, new baseboards, newer blinds, and in-unit washer/dryer. Nearly everything you see is included—making this a turnkey opportunity! The detached studio has also been refreshed with newer paint, a newer roof, and its own private charm—perfect for guests, extended family, or additional rental income. Exterior upgrades include new paint on both homes, gutters, a deck added in 2021, underground sprinklers and drip systems, and custom planters beneath the front windows. This is a rare chance to own a move-in-ready, income-producing property in a highly desirable Chico location!

Property Information

Size 1,487 SqFt
Price/SqFt $303
Lot Size 0.13 Acres
Year Built 1925
Property Type Residential Income
Zoning R3
Listing Number SN25132888
Listed 6/10/2025
Modified 6/28/2025
Listing Agent Lisa Bristow
Listing Office Platinum Partners Real Estate
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
Cooling
  • Wall/Window Unit(s)
Fireplace
  • Gas
Garage Spaces
  • 0.00
Gross Income
  • 22145.00
Gross Scheduled Income
  • 35939.00
Heating
  • Wall Furnace
Interior
  • Track Lighting
Levels
  • One
Net Operating Income
  • 13739.00
Operating Expense
  • 378.00
Pool
  • None
Price Pe rUnit
  • 225000
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Style
  • Cottage
Total Expenses
  • 4233.21
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Sidewalks
  • Street Lights
Flooring
  • Carpet
  • Laminate
Appliances
  • Dishwasher
  • Gas Range
  • Microwave
  • Water Heater
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected