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For sale
  • Listed by: Parkway Real Estate Co. • Eric Stofa • Contact: 530-228-9203
    $895,000

    1362 Magnolia Ave, Chico, CA 95926

    5beds
    4baths
    3,002sqft
    : 
    $5,730/mo
    Get pre-qualified
    Multi Family
    Built in 2024
    -- sqft lot
    $882,000 Zestimate®
    $298/sqft
    $-- HOA

    What's special

    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.
    3 days
    |
    260
    |
    12
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Stofa DRE #01904078 530-228-9203,

    Parkway Real Estate Co.

    Source: CRMLS,MLS#: SN26175293MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Rooms
      • Room types: Kitchen, Laundry, Other
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central, Ductless
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Dishwasher, Electric Range
      • Laundry: Inside, Laundry Room
      Features
      • Granite Counters, Walk-In Closet(s)
      • Flooring: Tile, Vinyl, Wood
      • Windows: Double Pane Windows
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,002
      • Total interior livable area: 3,002 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned, Concrete, Driveway
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Exterior features: Awning(s)
      • Has private pool: Yes
      • Pool features: Gunite, Lap, Private
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 9,148 Square Feet
      • Features: Back Yard, Corner Lot, Sprinklers In Rear, Sprinklers In Front, Lawn
      Details
      • Additional structures: Guest House Detached, Guest House, Guest HouseAttached
      • Parcel number: 003034001000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Multi Family
      Materials
      • Stucco, Wood Siding
      • Foundation: Concrete Perimeter, Slab
      • Roof: Composition
      Condition
      • Turnkey
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Electric: Photovoltaics Seller Owned, Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Features: Gutter(s), Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Chico

      Financial & listing details

      • Price per square foot: $298/sqft
      • Tax assessed value: $592,093
      • Annual tax amount: $6,850
      • Date on market: 8/12/2026
      • Cumulative days on market: 3 days
      • Listing terms: Submit
      • Tenant pays: None
      • Road surface type: Paved

        Estimated market value

        $882,000

        $838,000 - $926,000

        $2,187/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$895,000+64.4%$298/sqft
        Source: CRMLS #SN26175293 Report a problem
        7/1/2022Sold$544,500-10.6%$181/sqft
        Source: Public Record Report a problem
        5/5/2022Pending sale$609,000$203/sqft
        Source: RE/MAX International #SN22066966 Report a problem
        5/4/2022Contingent$609,000$203/sqft
        Source: CRMLS #SN22066966 Report a problem
        5/2/2022Price change$609,000-3.2%$203/sqft
        Source: CRMLS #SN22066966 Report a problem
        4/28/2022Price change$629,000-3.1%$210/sqft
        Source: CRMLS #SN22066966 Report a problem
        4/24/2022Price change$649,000-1.7%$216/sqft
        Source: CRMLS #SN22066966 Report a problem
        4/18/2022Price change$660,000-2.9%$220/sqft
        Source: CRMLS #SN22066966 Report a problem
        4/5/2022Listed for sale$680,000+23.6%$227/sqft
        Source: CRMLS #SN22066966 Report a problem
        6/15/2020Sold$550,000-0.5%$183/sqft
        Source: CRMLS #SN20084003 Report a problem
        5/12/2020Pending sale$553,000$184/sqft
        Source: CENTURY 21 Select Real Estate, Inc. #SN20084003 Report a problem
        5/4/2020Listed for sale$553,000$184/sqft
        Source: Century 21 Select Real Estate, Inc. #SN20084003 Report a problem
        12/22/2019Listing removed$553,000$184/sqft
        Source: CENTURY 21 Select Real Estate, Inc. #SN19229535 Report a problem
        12/13/2019Listed for sale$553,000$184/sqft
        Source: CENTURY 21 Select Real Estate, Inc. #SN19229535 Report a problem
        12/7/2019Pending sale$553,000$184/sqft
        Source: CENTURY 21 Select Real Estate, Inc. #SN19229535 Report a problem
        12/2/2019Listed for sale$553,000+28.6%$184/sqft
        Source: Century 21 Select Real Estate, Inc. #SN19229535 Report a problem
        5/13/2016Sold$430,000+7.5%$143/sqft
        Source: Public Record Report a problem
        4/4/2016Pending sale$399,900$133/sqft
        Source: CENTURY 21 Jeffries Lydon #CH16058061 Report a problem
        3/23/2016Listed for sale$399,900-15.8%$133/sqft
        Source: Century 21 Jeffries Lydon #CH16058061 Report a problem
        11/11/2015Listing removed$474,900$158/sqft
        Source: CENTURY 21 Jeffries Lydon #CH15220695 Report a problem
        10/8/2015Listed for sale$474,900+184.4%$158/sqft
        Source: Century 21 Jeffries Lydon #CH15220695 Report a problem
        7/21/1997Sold$167,000$56/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,850 +11.6%$592,093 +6.6%
        2024$6,139 +1.2%$555,390 +2%
        2023$6,067 -4.3%$544,500 -3.9%
        2022$6,339 +1.9%$566,810 +2%
        2021$6,219 +20.3%$555,697 +19.4%
        2020$5,171 +1.9%$465,445 +2%
        2019$5,076 +0.3%$456,319 +2%
        2018$5,060 +2.1%$447,372 +2%
        2017$4,958 +105.7%$438,600 +86.1%
        2016$2,410 +0%$235,622 +1.5%
        2015$2,409 +2.5%$232,084 +2%
        2014$2,350 $227,539 +0.5%
        2013-- $226,511 +2%
        2012-- $222,070 +2%
        2011-- $217,717 +0.8%
        2010-- $216,091 -0.2%
        2009-- $216,606 +2%
        2008-- $212,360 +2%
        2007-- $208,197 +2%
        2006-- $204,115 +2%
        2005-- $200,114 +2%
        2004-- $196,191 +1.9%
        2003-- $192,597 +2%
        2002-- $188,822 +2%
        2001-- $185,121
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: The Avenues

        Getting around

        66 / 100
        Somewhat Walkable
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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