195 E Shasta
Chico, CA 95973
2
Bed
2
Bath
5,267Sqft
20,473Sqft(Lot)
Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2 -
Heating & Cooling
Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1978Stories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 20473 Lot Size Acres: 0.47 Lot Size Source: Assessor Lot Size Square Feet: 20,473 Lot Description: ZeroToOneUnitAcre,TwoToFiveUnitsAcre
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Listing Price Information
Listing Price: $625000Cash, CashToNewLoan, Conventional, Fha203b, FHA, FannieMae, FreddieMac, VaLoan
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Tax Information
Parcel Number: 006380022000
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Parking Information
Parking Total: 1Garage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1
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Location Information
Direction: Esplanade to E Shasta Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Henshaw Avenue, Chico, CA, 95973 | $1,280,000 | -- | -- | -- | -- |
| Burnt Ranch Way, Chico, CA, 95973 | $615,000 | 5 | 3 | 3,113 | -- |
| Cana Highway, Chico, CA, 95973 | $625,000 | 4 | 2 | 2,541 | -- |
| Burnt Ranch Way, Chico, CA, 95973 | $599,000 | 4 | 3 | 3,159 | -- |
| 62 Hollow Oak Lane, Chico, CA, 95973 | $579,900 | 3 | 3 | 1,817 | 223,898 Sq. Ft |
| 9803 Cohasset Road, Chico, CA, 95973 | $279,000 | 3 | 2 | 1,176 | 32,234 Sq. Ft |
| 9803 Cohasset Road, Chico, CA, 95973 | $225,000 | 3 | 2 | 1,316 | 32,234 Sq. Ft |
| 16 Mendocino, Chico, CA, 95973 | $699,000 | 3 | 4 | 2,691 | 279,220 Sq. Ft |
| 8120 Cohasset, Chico, CA, 95973 | $925,000 | 3 | 3 | 3,204 | 548,420 Sq. Ft |
| 2771 Levi, Chico, CA, 95973 | $438,500 | 3 | 2 | 1,234 | 4,356 Sq. Ft |
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ByOwner last updated this listing 10/07/2026 @ 13:00
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