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Chico, CA, 95926 • The Avenues • Butte County
$154/sqft
10Beds
6Baths
5,512Sqft
0.14 acLot
1963Built
1-Car Garage
Garage
This home is getting attention
Listed 20 days ago · 1,170 views · 28 saves
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1,170 views
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28 saves
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20 days on market
Recently listed
$154/sqft
Price per square foot
Multi Family · Built 1963
Avenues Multiplex consisting of 1 home and 2-4 apartments (Quadplex: 2 units + 2 additional non-conforming basement units + 1 single Family Home) Three blocks from Chico State and Enloe Hospital, This two-building, one-lot property offers a rare combination of immediate income and significant upside. The rear property (133) features a detached 3BD/2BA house with an one-car garage currently operating as a part-time AirBnB rental generating approximately $2,500/month with significant upside if operated full time. This home was fully remodeled with luxury amenities such as quartz countertops, stainless steel appliances, and high end luxury vinyl plank flooring. The front building delivers a remodeled 3BD/1BA and a 1BD/1BA, both tenanted and performing. Two additional basement units are present and occupied, each recently updated with new tile flooring, walk-in showers, and fresh paint. One basement unit is a 2/1 with mini split, washer/dryer, and quartz countertops. The second basement unit is a 1/ 1 that can rent connected to the top 1/1 to qualify this property for traditional residential financing. A clear path exists to bring all units into City of Chico conformance through targeted egress improvements converting this three unit into a five-unit asset.
Standout features identified
Our analysis highlights one-car garage, luxury amenities, and fresh paint as key attractions of this home.
Based on current rates
Est. 6.00% rate · 30yr fixed · $679,200 loan
Full calculator →Key facts and listing details
7 categories of property features
Market data and value estimates
3 schools rated nearby
Chico, CA, 95926
1 event
Local context around this listing
Chico, CA • Butte County
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