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Residential Income - 1362 Magnolia, Chico, CA

$895,000

1362 Magnolia, Chico, CA

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Description

This exceptional property features three custom homes, owned solar, a sparkling pool, and designer landscaping with a rock retaining wall, all currently operating as successful Airbnbs. Furniture is negotiable for a truly turnkey opportunity. Home 1 – Historic Craftsman | 3BD/2BA, Built 1906 Beautifully maintained with timeless character, vaulted ceilings, and a spacious primary suite. The main house enjoys private pool access and offers an ideal owner’s residence or premium rental opportunity. Home 2 – Detached ADU | 1BD/1BA | Built 2024 Modern finishes, private parking, and a fenced yard. Home 3 – Attached ADU | 1BD/1BA | Built 2024 Converted from the original garage, with private parking and its own outdoor space. Units 2 and 3 do not have access to the pool. Just minutes from Enloe Medical Center, restaurants, shopping, and downtown amenities. An exceptional opportunity for an income producing investment, multigenerational living, or a live in one/rent the others strategy, all in one of Chico’s most desirable locations.

Property details

Year built
2024
Property type
Residential Income
Lot size
9,148 sqft

Location

1362 Magnolia • Chico, CA 95926

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Listed by

Eric Stofa · Parkway Real Estate Co.

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