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Sold for $645,000 on 05/05/25
  • Listing Provided by: 

    Matt Depa DRE #01861484 530-896-9300,

    Re/Max of Chico

    Bought with: Parkway Real Estate Co.
    $645,000

    1519 Spruce Ave, Chico, CA 95926

    5beds
    5baths
    2,800sqft
    Multi Family
    Built in 1936
    -- sqft lot
    $-- Zestimate®
    $230/sqft
    $3,431 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,431/mo

    Zestimate® history
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    What's special

    This exceptional property offers a rare blend of charm, convenience, and investment potential. Nestled in a prime location, this one-of-a-kind real estate gem features a delightful 2-bedroom, 2-bathroom main home alongside a triplex, each unit offering 1 bedroom and 1 bathroom. Whether you're looking to generate additional income, expand your real estate portfolio, or enjoy multi-generational living, this property provides endless possibilities. Step inside the main home and be greeted by an inviting living space filled with natural light, thanks to an abundance of well-placed windows. The laminate flooring adds warmth and style. The spacious living room is the perfect place to unwind, whether you're enjoying a cozy night in or entertaining guests. The kitchen is designed with functionality in mind, making meal preparation a pleasure. Featuring ample cabinetry to store all your culinary essentials and a gas range. This space is perfect for all your meal preparation needs. Both bedrooms in the main home offer generous space to relax and recharge, while the two bathrooms ensure convenience and privacy. Additional features include ceiling fans throughout for optimal comfort and a covered carport, providing protection from the elements. Beyond the main home, the triplex enhances the property's value and versatility. Each of the three units boasts a comfortable living area, a well-sized kitchen, a private bedroom, and a full bathroom, offering residents an ideal living space. With functional layouts and a desirable location, these units provide an excellent opportunity for steady rental income. Located just moments from Chico’s vibrant downtown, shopping, dining, and entertainment, this property offers the best of both worlds—proximity to local hotspots while maintaining a sense of privacy and comfort. Whether you're looking to live in the main home while renting out the triplex, or lease all four units as a smart investment, this is a rare opportunity you won’t want to miss.

    Zillow last checked: 8 hours ago

    Listing updated: May 05, 2025 at 02:35pm

    Listing Provided by:

    Matt Depa DRE #01861484 530-896-9300,

    Re/Max of Chico

    Bought with:

    Rick Sufuentes, DRE #01486988

    Parkway Real Estate Co.

    Source: CRMLS,MLS#: SN25073162MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Ductless, Wall Furnace
    Cooling
    • Ductless, Wall/Window Unit(s)
    Appliances
    • Included: Gas Range
    • Laundry: See Remarks
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 9,148 sqft
    Details
    • Parcel number: 003404004000
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    5/5/2025Sold$645,000+3.2%$230/sqft
    Source: CRMLS #SN25073162
    4/14/2025Pending sale$625,000$223/sqft
    Source: CRMLS #SN25073162
    4/7/2025Listed for sale$625,000+164.8%$223/sqft
    Source: CRMLS #SN25073162
    1/13/2024Listing removed--
    Source: Zillow Rentals
    12/20/2023Listed for rent$1,825$1/sqft
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2025$3,536 +6.7%$303,898 +2%
    2024$3,312 +1.2%$297,940 +2%
    2023$3,273 +1.7%$292,099 +2%

    Find assessor info on the county website

    Neighborhood: 95926

    Nearby schools

    GreatSchools rating
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