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1152 Magnolia Avenue

Chico, CA 95926

– beds
– baths
– sqft
10,019 sqft lot
1978 build
– on site

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.

Listed By CRMLS_CA / John Barroso / Parkway Real Estate Co. / 530-570-8489

Last checked: Checking… • Last updated Nov 7, 2024 •

MLS# SN24101772 —

The Building

Year Built:

1978
Year Built Source:

Assessor
New Construction:

No
Roof:

Composition
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

4500.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

5
Stories Total:

2
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Ceiling Fan(s)
Entry Location:

1
Flooring:

Laminate, Vinyl
Room Type:

Kitchen, Living Room
Number Wall AC:

4
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Common Area
Laundry:

1

Location

Directions:

1st ave to Magnolia ave property is between 1st and 2nd ave
Latitude:

39.73807500
Longitude:

-121.84748300

The Property

Property Type:

Residential Income
Subtype:

Single Family Residence
Zoning:

R3
Lot Features:

Front Yard, Landscaped
Lot Size Area:

10019.0000
Lot Size Acres:

0.2300
Lot Size SqFt:

10019.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

6.03
Tax Lot:

12

The Listing

Special Listing Conditions:

Standard
Parcel Number:

003093014000

Heating & Cooling

Heating:

1
Heating:

Central, Wall Furnace
Cooling:

Yes
Cooling:

Central Air, Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Sidewalks
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Off Street, On Site

Extra Units

Number With Disposal:

5
Number With Dishwasher:

5
Number With Refrigerator:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/20/24 May 20, 2024	Listed / Active	CRMLS_CA	$1,150,000	43.9% (8.9% / YR)
6/7/19 Jun 7, 2019		CRMLS_CA	$799,000
5/1/19 May 1, 2019		CRMLS_CA	$799,000

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This multifamily located in Chico Vecino, Chico, CA 95926 is currently for sale for $1,150,000. 1152 Magnolia Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 185 days. 1152 Magnolia Avenue is in the Chico Vecino neighborhood of Chico and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Chico Junior High School, Citrus Elementary School, and Chico High School.

Listing Courtesy of: CRMLS_CA and Parkway Real Estate Co.. Based on information from California Regional Multiple Listing Service, Inc. as of 20:36 on Nov 21.

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, 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.