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    Duplex with Private Garages Title is generated by Realmo AI

    38 Kobe Loop, Chico, CA 95973

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    Claim this Listing
    New
    For Sale
    $579,000

    Single Family Residence - Chico, CA

    Type:Single Family Residence
    Property size:
    2,287 SF
    Lot size:
    4,792.00 Acres
    Price / SF:
    $253/SF
    Added:
    Jun 11, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 12 at 2:06 am

    Property Features for 38 Kobe Loop

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Parking
    3
    Parking features
    Driveway, Garage
    Interior features
    Ceiling Fan(s), Open Floorplan
    Exterior features
    Fence, Community Features Included: Suburban, Back Yard
    Fencing
    Fenced
    Appliances
    Dishwasher, Range, Washer
    Standard status
    Active
    APN
    016270028000
    Size
    2,287 SF
    Lot size
    4,792.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Tile
    Roof type
    Composition
    Architectural style
    Other

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    Listing Contact
    Brandi Laffins
    Brandi Laffins

    Listing agent Brandi Laffins License #01140900

    Listing office Re/Max of Chico 1834 Mangrove Ave., Chico, CA

    Listing date Jun 11, 2026

    MLS# SN26109648 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 2008: 2 units on 1 lot, with separate downstairs and upstairs living setups
    • Downstairs unit: 3 bedrooms, 2 bathrooms, with an open floorplan and central heating and central A/C
    • Upstairs unit: 2 bedrooms, 2 bathrooms, with a private entrance, designated 1‑car garage, and private balcony
    • Each unit has its own garage (attached 2‑car garage for the downstairs unit and 1‑car garage for the upstairs unit)
    • Kitchen amenities include dishwasher and range; flooring includes carpet and tile
    • Exterior features include fenced yard, back yard, and a private covered patio

    Overview

    This 2008 duplex contains two residential units on one lot. The downstairs unit offers 3 bedrooms and 2 bathrooms, featuring an open-concept layout with abundant natural light, a spacious living room, and a kitchen with warm wood cabinetry, generous counter space, new stainless steel appliances, and a breakfast bar. Additional conveniences include fresh/new carpet, ceiling fans throughout, indoor laundry, and a primary suite with a large closet and private en suite bath. The downstairs configuration also includes an attached 2-car garage and a private covered patio.

    The upstairs unit provides privacy with its own private entrance and separate amenities. It includes 2 bedrooms and 2 bathrooms, a spacious living area, a full kitchen, and an en suite primary bedroom. A designated 1-car garage is included, along with a private balcony for outdoor time.

    For buyers seeking flexible housing, the layout supports multi-generational living with distinct spaces and separate access. For operators and long-term residents, the separate unit configuration, dual-garage convenience, and in-unit features such as indoor laundry and outdoor areas provide practical day-to-day livability. The property is located in North Chico near Hooker Oak Park and Bidwell Park, with proximity to shopping, schools, and outdoor recreation.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $43.1k $18.84
    − Vacancy −$1.6k −$0.70
    EGI $41.5k $18.14
    − OpEx −$12.4k −$5.44
    NOI $29.0k $12.70
    2,287 SF · lease $18.84/SF/yr · vacancy 3.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $414.9K
    $363.1K – $484.1K (±1% cap)
    NOI $29,045 @ 7.0% cap · market cap 5.02%
    Second Best
    Apartment 5plus
    $377.1K
    $330.0K – $440.0K (±1% cap)
    NOI $26,400 @ 7.0% cap · market cap 4.56%
    Theoretical Best
    Office A
    $461.8K
    $404.0K – $538.7K (±1% cap)
    NOI $32,323 @ 7.0% cap · market cap 5.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8103704
    Latitude
    39.7619813

    FAQs

    What type of property is this?
    Duplex - Two well-appointed units in a 2008 duplex, each with dedicated garage parking and separate living access.
    Where is this duplex located?
    The property is located at 38 Kobe Loop Chico, CA.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: Built in 2008: 2 units on 1 lot, with separate downstairs and upstairs living setups; Downstairs unit: 3 bedrooms, 2 bathrooms, with an open floorplan and central heating and central A/C; Upstairs unit: 2 bedrooms, 2 bathrooms, with a private entrance, designated 1‑car garage, and private balcony
    More about this property
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