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    1241 Warner St Chico, CA 95926

    For Sale
    $430,000

    Conveniently located duplex near downtown and university with recent updates.

    Lot size:
    0.15 Acres

    Property Features for 1241 Warner St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1975

    Source: eXp Realty of California, Inc. Agent Claudia Villegas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex Near Downtown Chico

    This duplex is located minutes from Downtown Chico and California State University, presenting an investment opportunity or the option to occupy one unit while renting out the other. The property includes two separate units, each featuring living spaces, a washer and dryer, private entrances, and dedicated parking. The location provides access to shopping, dining, entertainment, and public transportation. Each unit is designed for functional living with spacious layouts. In 2022, the units were updated with new baths, new floors, and new paint. One of the units includes a fenced patio area. The property has a rental history and is fenced all around. A new roof and main water line were installed in 2022. There are two parking spaces for each unit.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8551359
    Latitude
    39.7368289

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    FAQs

    What type of property is this?
    Duplex - Conveniently located duplex near downtown and university with recent updates.
    Where is this duplex located?
    The property is located at 1241 Warner St Chico, CA.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity or live in one unit and rent the other.; - Convenient location near Downtown Chico and California State University.; - Each unit has a washer and dryer, private entrances, and dedicated parking.
    (888) 584-9427
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    1241 Warner St Chico, CA 95926
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    Chico, CA 95926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1241 Warner St Chico, CA 95926
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