Active

1152 Magnolia Avenue

Chico CA, 95926

$1,150,000


$255.56 per sqft

Active

4,500 sqft

Residential

Built in 1978

Listed by John Barroso with Parkway Real Estate Co. 530-592-3432

This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.

SN24101772

MLS ID

May 20, 2024

Listed

July 20, 2024

Updated

Map

1152 Magnolia Avenue
Chico CA, 95926

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s)


Laundry Description

Common Area


Floor Description

Laminate, Vinyl


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Wall Furnace

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Front Yard, Landscaped


Roof

Composition


Sewer

Public Sewer

Other Property Details

Days on Market

60


Garage

No


Parking

On Site, Off Street


Parking Total

0


View

Yes


View Description

Neighborhood


County

Butte


Water Source

Public


Pool

No


Pool Features

None


Zoning

R3

Listing Contact: 530-592-3432 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/20/2024 at 3:18 AM UTC

 

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