961 Aspen Street Chico, CA 95928

$249,500 Active Under Contract

About the Property

Discover a rare investment opportunity at 961 Aspen Street in Chico, CA—where history meets modern living with two homes on a single lot! Once part of the renowned Diamond Match Factory, these unique units boast an intriguing backstory—the original buildings were "given away" with the promise that you could haul them off. Two friends, armed with a case of beer, transported these gems from their original locations, breathing new life into them in their current setting. Today, the front unit, originally an office, has been transformed into a contemporary rental space, while the back unit, once a break room and kitchen for factory workers, has also been repurposed to offer comfortable accommodations. Each unit reflects a blend of historical charm and modern functionality, making them highly desirable for renters. The property features ample off-street parking for convenience, and an inviting outdoor living space that includes a rejuvenating hot tub, a laundry area, an outdoor shower, and storage options. This combination of unique history, practical living spaces, and outdoor delights makes 961 Aspen Street not just a property, but a remarkable investment opportunity. Expand your rental portfolio or live in one and rent the other. Don’t miss your chance to own a piece of Chico’s rich history—schedule a tour today!

Property Information

Size 1,048 SqFt
Price/SqFt $238
Lot Size 0.14 Acres
Year Built 1930
Property Type Residential Income
Listing Number SN25167213
Listed 7/24/2025
Modified 9/3/2025
Listing Agent Sandi Bauman
Listing Office Chico Homes
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 2
Community Features
  • Suburban
Cooling
  • Wall/Window Unit(s)
Electric
  • 220 Volts For Spa
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 9600.00
Gross Scheduled Income
  • 9600.00
Heating
  • Wall Furnace
Levels
  • One
Pool
  • None
Price Pe rUnit
  • 124750
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • Above Ground
StoriesTotal
  • 1
Views
  • Neighborhood
Water Source
  • Public
Other Structures
  • Outbuilding
  • Shed(s)
  • Two On A Lot
Utilities
  • Electricity Connected
  • Sewer Connected
  • Water Connected