OWNER-CARRY OPPORTUNITY! Attention seasoned and new investors! Don't miss this fantastic opportunity to expand your portfolio with this income-generating property. Located just a few blocks from restaurants and shopping, easy freeway access, and close proximity to Historic Downtown Chico, this property is a prime rental investment. Property features two separate units, each with its own access and fully fenced yards. The charming front unit is a spacious 2 bedroom, 1 bathroom home with 1,260 sq. ft of living space. Throughout this home, you'll discover ample natural light streaming in through the windows, refinished hardwood flooring and recently updated mosaic tiles, an indoor laundry room (a HUGE convenience for tenants), and the sizable primary bedroom offers a walk-in closet. The second unit features 1 bedroom, and 1 bathroom and is approximately 482 sq. ft with a beautifully landscaped yard with a secure parking space behind a gate with alley access. Inside you'll discover a nicely updated, cozy, and inviting interior with vaulted ceilings, ceiling fans, dual pane windows, and a gas fireplace to keep the space warm on those chilly Chico nights. Both units have tenants with leases going into 2025! This property is not just an investment, but a strategic addition to your portfolio with its reliable income stream and close proximity to Chico's amenities. Seize the opportunity and take the next step in building on your financial future! Also listed under Residential listings (#SN24193096).
Sold for $400,000
Listing Provided by: Crane Realty
Bought with: Crane Realty
$400,000
1814 Laurel St, Chico, CA 95928
3beds
2baths
1,742sqft
Duplex
Built in 1951
-- sqft lot
$377,100 Zestimate®
$230/sqft
$1,406 Estimated rent
Home value
$377,100
$332,000 - $426,000
$1,406/mo
Zestimate® history
Owner options
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$2,518/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Kiersten Morgan DRE #01808835 530-680-8884,
Crane Realty
Bought with:
Ryan McDougal, DRE #01745379
Crane Realty
Source: CRMLS,MLS#: SN24121714
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Other
- Features: Walk-In Closet(s)
Heating
- Radiant, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room, See Remarks
Features
- Built-in Features, Ceiling Fan(s), Granite Counters, Laminate Counters, Open Floorplan, Storage, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Wood
- Windows: Blinds, Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Gas, Living Room, Raised Hearth
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,742
- Total interior livable area: 1,742 sqft
Property
Parking
- Parking features: Driveway Level, Driveway, Gated, On Street
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,662 sqft
- Features: Back Yard, Front Yard, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
Details
- Parcel number: 005241009000
- Zoning: R-2
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Concrete Perimeter, Slab
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Gutter(s), Park
Location
- Region: Chico
HOA & financial
Other financial information
- Total actual rent: 2375
Other
Other facts
- Listing terms: Owner Will Carry
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Sold | $400,000-4.8%$230/sqft |
Source:  CRMLS #SN24121714 Report a problem | ||
| 12/21/2024 | Pending sale | $420,000$241/sqft |
Source: CRMLS #SN24121714 Report a problem | ||
| 11/21/2024 | Price change | $420,000-2.3%$241/sqft |
Source: CRMLS #SN24121714 Report a problem | ||
| 9/21/2024 | Price change | $430,000-2.3%$247/sqft |
Source: CRMLS #SN24121714 Report a problem | ||
| 8/11/2024 | Price change | $440,000-2.2%$253/sqft |
Source: CRMLS #SN24121714 Report a problem | ||
| 6/14/2024 | Listed for sale | $450,000+186.6%$258/sqft |
Source: CRMLS #SN24121714 Report a problem | ||
| 6/12/2002 | Sold | $157,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,741 +7.2% | $231,912 +2% |
| 2024 | $2,557 +1.2% | $227,366 +2% |
| 2023 | $2,527 +1.6% | $222,909 +2% |
| 2022 | $2,488 +2.1% | $218,539 +2% |
| 2021 | $2,438 +0.2% | $214,255 +1% |
| 2020 | $2,433 +1.7% | $212,059 +2% |
| 2019 | $2,392 +1.9% | $207,901 +2% |
| 2018 | $2,348 +2.3% | $203,826 +2% |
| 2017 | $2,296 +9.4% | $199,830 +2% |
| 2016 | $2,099 +2.2% | $195,913 +1.5% |
| 2015 | $2,053 | $192,971 +2% |
| 2014 | $2,053 | $189,192 +0.5% |
| 2013 | -- | $188,338 +17.7% |
| 2012 | -- | $160,000 -11.6% |
| 2011 | -- | $181,027 +0.8% |
| 2010 | -- | $179,675 -0.2% |
| 2009 | -- | $180,103 +2% |
| 2008 | -- | $176,573 +2% |
| 2007 | -- | $173,111 +2% |
| 2006 | -- | $169,717 +2% |
| 2005 | -- | $166,390 +2% |
| 2004 | -- | $163,129 +1.9% |
| 2003 | -- | $160,140 +99.7% |
| 2002 | -- | $80,201 +2% |
| 2001 | -- | $78,629 |
Find assessor info on the county website
Neighborhood: 95928
Nearby schools
GreatSchools rating
- 2/10Chapman Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Marsh (Harry M.) Junior High SchoolGrades: 6-8Distance: 1.7 mi
- 7/10Chico High SchoolGrades: 9-12Distance: 1.5 mi
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- California
- Butte County
- Chico
- 95928
- 1814 Laurel St
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