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433 W 8th St, Chico, CA 95928

Sale Price: $450,000
Jan 21, 20251,720 sqft5 beds3 baths
Listed by: Hobie Jensen
License #: 01990048
Phone #: 530-592-3432
Parkway Real Estate Co.
Source:
CRMLS Logo
MLS #: SN25013380

Property Description

Here is your chance to own a prime rental property that has outstanding rental history! Located just blocks from Chico State and Downtown Chico, this two unit property features a main home with four bedrooms, two full bathrooms, and a detached ADU studio, and a pool. The main home is spacious with tall ceilings, dual pane windows, newer laminate flooring in the main living spaces, and newer kitchen appliances. The main home also features a large basement that could be utilized for storage or potential expansion. The ADU is set back on the property, cozy under the trees but has plenty of natural light with lots of windows and skylights. There is off street parking available for two vehicles as well. Current rents are $3,200 for the main home and $850 for the ADU. Jump into ownership with this property!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,768

TurboHome Estimated Value

$475,600

$277 sqft

High Valuation
$499,380
$290/sqft
Normal Valuation
$475,600
$277/sqft
Low Valuation
$451,820
$263/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$277/sqft$475,600

Neighborhood

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Comparative Value

$398K

$405K

$450K

$500K

$515K

955 Normal Ave, Chico, CA 95928

Sale Price: $398,000

Selected Comparable

1040 Normal Ave, Chico, CA 95928

Sale Price: $399,000

Selected Comparable

432 Cedar St, Chico, CA 95928

Sale Price: $405,000

Selected Comparable

433 W 8th St, Chico, CA 95928

Sale Price: $450,000

Selected Comparable

433 W 8th St, Chico, CA 95928

List Price: $500,000

Subject Property

604 W 7th St, Chico, CA 95928

Sale Price: $515,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
433 W 8th St, Chico, CA 95928

433 W 8th St, Chico, CA 95928

List: $500,000

Listed: 1/21/2025

Area:1,720 sqft
Price/sqft:$291
Beds:5
Baths:3
Year Built:
Lot Size:8,712

Comparable Properties

COMPARABLE
Choose comps
433 W 8th St, Chico, CA 95928

433 W 8th St, Chico, CA 95928

Sale: $450,000

3/27/20250.00 mi

Area:1,720 sqft
Price/sqft:$262
Beds:5
Baths:3
Year Built:
Weight:24.9%
604 W 7th St, Chico, CA 95928

604 W 7th St, Chico, CA 95928

Sale: $515,000

6/4/20250.15 mi

Area:1,451 sqft
Price/sqft:$355
Beds:5
Baths:2
Year Built:
Weight:20.0%
1040 Normal Ave, Chico, CA 95928

1040 Normal Ave, Chico, CA 95928

Sale: $399,000

5/1/20250.19 mi

Area:1,876 sqft
Price/sqft:$213
Beds:4
Baths:3
Year Built:
Weight:19.2%
432 Cedar St, Chico, CA 95928

432 Cedar St, Chico, CA 95928

Sale: $405,000

1/15/20250.44 mi

Area:1,842 sqft
Price/sqft:$220
Beds:6
Baths:3
Year Built:
Weight:18.1%
955 Normal Ave, Chico, CA 95928

955 Normal Ave, Chico, CA 95928

Sale: $398,000

6/5/20250.12 mi

Area:1,620 sqft
Price/sqft:$246
Beds:4
Baths:2
Year Built:
Weight:17.8%

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2

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3

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