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For sale
  • Listing Provided by: 

    Matt Depa DRE #01861484 530-896-9300,

    Re/Max of Chico

    Price cut: $21K (6/24)
    $599,000

    1825 Magnolia Ave, Chico, CA 95926

    5beds
    5baths
    3,717sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $161/sqft
    $-- HOA

    What's special

    Spacious shared courtyardIn-unit laundry
    Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Medical Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed across three separate buildings, this property is perfect for a variety of rental strategies. A spacious, shared courtyard serves as a welcoming communal area—ideal for relaxing, gathering, and enjoying the outdoors. Some of the units includes its own in-unit laundry, a convenience that adds major value for tenants and enhances rental appeal. Positioned in a sought-after neighborhood known for steady rental demand, this property promises both immediate income and long-term growth potential. Whether you're looking to update and modernize or maintain its original character, the opportunities here are limitless. Secure your next smart investment today and watch your portfolio thrive!
    84 days
    on Zillow
    |
    286
    |
    15
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    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 10:31am

    Listing Provided by:

    Matt Depa DRE #01861484 530-896-9300,

    Re/Max of Chico

    Source: CRMLS,MLS#: SN25106299MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Rooms
    • Room types: Kitchen, Living Room
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Inside, See Remarks
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,717
    • Total interior livable area: 3,717 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 9,148 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 003613009000
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Chico

    Financial & listing details

    • Price per square foot: $161/sqft
    • Tax assessed value: $338,162
    • Annual tax amount: $5,985
    • Date on market: 5/14/2025
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Electricity, Gas
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