754 E 8th, Chico, California 95928, Chico, 95928 - 3 bed, 2 bath
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Chico, California 95928
This 1925 Craftsman bungalow represents a High-Potential Investment Opportunity, listed at a List Price of $468,000—positioned well above the $410,170 Fair Market Value by -14%. While the property requires modernization, its Condition Rating of 4 reflects a well-preserved structure with recent system upgrades. The permitted detached guest suite provides significant utility for rental income or multi-generational living. Ideally located near Chico State and Bidwell Park, this property is a versatile asset for Buy-and-Hold Investors or Owner-Occupants seeking to add value through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 754 E 8th Subject | $468,000* List Price | 3 | 2 | 1,387 | $296 | - |
A 1158 E 7th Street Sold | $430,000 | 3 | 2 | 1,260 | $341 | 0.3 mi |
B 405 Cypress Street Sold | $409,000 | 3 | 1 | 1,376 | $297 | 0.2 mi |
C 782 E 8th Sold | $360,725 | 2 | 1 | 1,080 | $334 | 0.0 mi |
D 1805 Hemlock Street Sold | $474,575 | 3 | 3 | 1,522 | $312 | 0.7 mi |
E 1608 Broadway Sold | $385,000 | 3 | 2 | 1,141 | $337 | 0.7 mi |
F 1224 Locust Pending | $350,000 List Price | 4 | 2 | 1,455 | $241 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, the property is well-preserved with high-value system updates including a newer roof, HVAC, and water heater. However, the kitchen and bathrooms are described as 'vintage' and 'original,' which classifies them as dated (>20 years) per the criteria. The interior features older carpeting and period-specific finishes that, while functional, require modernization to meet current standards.
This 1925 Craftsman bungalow is exceptionally well-preserved, featuring original woodwork, built-ins, and stained-glass accents that offer timeless aesthetic appeal and architectural integrity.
The property includes a permitted detached guest suite with a private bath, providing excellent flexibility for rental income, a home office, or multi-generational living arrangements.
Ideally situated near Bidwell Park, Chico State, and the downtown Farmers Market, the home offers high walkability and convenient access to the city's most desirable amenities.
While charming, the vintage kitchen and clawfoot tub may lack the modern storage, layout, and convenience features expected by contemporary buyers.
With 1,387 square feet divided between the main house and a detached suite, the individual living spaces and bedrooms may feel restrictive for larger families.
Classic Chico Charmer with detached guest suite! Beautifully preserved 1925 Craftsman bungalow featuring abundant natural light, rich original woodwork, wide trim, divided-light windows, decorative stained-glass accents, beadboard detailing, and multiple original built-ins throughout. The inviting living room showcases a classic brick fireplace flanked by built-in bookcases, while the formal dining room features beautiful woodwook and natural light. The charming kitchen retains its vintage character with a classic Magic Chef range, original built-in pantry hutch, and beadboard wall detailing. Period details continue throughout with penny tile flooring and a classic clawfoot tub. Recent improvements include a new roof, hot water heater and newer HVAC. The property also offers a detached one-car garage with a permitted detached guest suite with private bath, providing exceptional flexibility for guests, a home office or potential rental income. Additional features include a large storage shed, a basement with additional storage, alley access and low maintenance artificial grass in front for easy care and year round curb appeal. Ideally located near Bidwell Park, Farmers Market, Chico State, restaurants, and shopping. Don't miss this rare opportunity to own a beautifully preserved piece of Chico history with timeless character and versatile living spaces.
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 | 1,387 | 1,656 | 31% |
| Lot Size | 5,663 | 6,970 | 35% |
| Price | $468.0K | $474.6K | 48% |
| Price per sq ft | $337 | $302 | 72% |
| Built year | 1925 | 1991 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 138 | 2% |
Jun 3, 2026
$468,000
Initial Listing
Dec 13, 2021
$453,000
Public Record
Mar 26, 2002
$160,000
Public Record