Fantastic 5-unit investment opportunity! Located in a quiet, desirable neighborhood near shopping, dining, schools, and parks, and only a few blocks from Enloe Hospital. This versatile property offers strong income potential and long-term value. The building is a single-family conversion into a 5-unit complex featuring generous living spaces and a balanced unit mix. Includes a shared ground-level coin-operated laundry room, along with an excellent rental history and strong occupancy potential.
1244 Magnolia Avenue 3: Sold $196,000 · 2 bd · 2 ba · 960 sqft · Jul 2026 · 0.1 mi Keller Williams Realty Chico Area | DRE #01772692 Buyer's agent: Megan Salazar, Keller Williams | DRE #02148901
1063 Arcadian Avenue: Sold $378,500 · 2 bd · 1 ba · 1,068 sqft · Sep 2026 · 0.2 mi Century 21 Select Real Estate, Inc. | DRE #01269667 Buyer's agent: Andrew Acevedo, Thrive Real Estate Company | DRE #02077744
1170 Hobart Street: Sold $450,000 · Aug 2026 · 0.2 mi Parkway Real Estate Co. | DRE #01904078 Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02342638
1339 Laburnum Avenue: Sold $549,000 · 5 bd · 4 ba · 2,135 sqft · Sep 2026 · 0.3 mi Re/Max of Chico | DRE #01919038 Buyer's agent: Heather DeLuca, Re/Max of Chico | DRE #01919038
146 W 7th Avenue: Sold $330,000 · 2 bd · 1 ba · 876 sqft · Sep 2026 · 0.4 mi Parkway Real Estate Co. | DRE #01990102 Buyer's agent: Jayme Foster, Re/Max of Chico | DRE #02002903
1826 Magnolia: Sold $354,500 · 2 bd · 1 ba · 983 sqft · Sep 2026 · 0.5 mi Re/Max of Chico | DRE #01958458 Buyer's agent: Danielle Branham, Century 21 Select Real Estate, Inc. | DRE #01495078
522 Nord 14: Sold $170,000 · 3 bd · 2 ba · 960 sqft · Aug 2026 · 0.7 mi Real Broker Technologies | DRE #02193138 Buyer's agent: Sabrina Chevallier, Re/Max of Chico | DRE #01958458
1516 Arbutus: Sold $350,000 · 2 bd · 1 ba · 1,223 sqft · Jul 2026 · 0.8 mi NextHome North Valley Realty | DRE #01946759 Buyer's agent: Monica Martinez, LPT Realty, Inc. | DRE #02144565