559 East, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
Analysis of 559 East, Chico, California 95926 is currently available with a list price of $339,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1956, this property is well-maintained and functional but shows its age. While it features recent minor updates such as new kitchen tile counters, new vinyl flooring, and a refreshed ADA-compliant bathroom, the overall aesthetic remains dated with carpet covering original hardwoods and older cabinetry. It is move-in ready for office or residential use but requires further modernization to reach a higher quality tier.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1485.
The property is zoned for both office and residential use, offering unique flexibility for business owners, investors, or those seeking a live-work setup in a high-visibility location.
Original hardwood floors are preserved under the existing carpet, providing an excellent opportunity for buyers to restore classic charm and increase equity with minimal effort.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1485, other record living area = 1404. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only one full bathroom and a 1/4 bath serving three bedrooms and a bonus room, the layout may be restrictive for larger families or high-occupancy residential use.
While beneficial for a business, the high-visibility location likely results in increased street noise and less privacy, which may be a drawback for traditional residential buyers.
This classic 1950's home is zoned office residential and has been in use as an office space, but can also be used as a single family residence. The house is 3 bedrooms, plus bonus room, one full bath and 1/4 bath that was built ADA compliant for commercial use. The kitchen has new vinyl flooring and new tile counters and the ADA bathroom is freshly painted and has new vinyl flooring. The home has the original hardwood under the carpet in the living room and several bedrooms. The property is landscaped in the front and has a lawn in the backyard, auto sprinklers front and rear. This high visibility location could be a good possibility for a variety of office uses - check with city planning for what you need! Make an appointment for your tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,485 | 1,664 | 35% |
| Lot Size | 7,405 | 8,712 | 37% |
| Price | $339.0K | $440.0K | 13% |
| Price per sq ft | $228 | $290 | 17% |
| Built year | 1956 | 1964 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 177 | 29% |
Mar 12, 2026
$339,000
Initial Listing
Jan 8, 2026
$349,000
Initial Listing
Jun 27, 2003
$160,000
Public Record
Apr 29, 1999
$46,000
Public Record