Investor Alert: Prime Rental Opportunity Near Chico State. This
property includes a spacious 5-bedroom, 3-bathroom home as well as a
separate Auxiliary Dwelling Unit. ADU
The spacious main house features three separate entrances and two
full living rooms, making it ideal for a high yield rental opportunity or
multi-generational living. Durable laminate flooring runs throughout
both levels, with newer tile in the kitchen. The main upstairs living area
boasts large windows that flood the space with natural light. Bonus
income potential with a fully legal ADU at 1056 Citrus Ave- a self-
contained studio with its own private kitchen and bathroom. Both
units are within walking distance to Chico State, making this a top
choice for student renters or university staff. Endless potential for
investors looking to expand their portfolio in a high-demand location!
For sale
Listing Provided by:
Joanna Wing DRE #01872461 530-917-6253,
Joanna Wing, Brokerage
Price cut: $4K (7/2)
$528,000
345 W 1st Ave, Chico, CA 95926
5beds
2,056sqft
Est.:
Single Family Residence
Built in 1944
6,534 Square Feet Lot
$528,700 Zestimate®
$257/sqft
$-- HOA
What's special
Large windowsNatural lightThree separate entrancesPrivate kitchenDurable laminate flooring
- 99 days
- on Zillow |
- 557 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 08:36am
Listing Provided by:
Joanna Wing DRE #01872461 530-917-6253,
Joanna Wing, Brokerage
Source: CRMLS,MLS#: SN25097915
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Family Room
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range
- Laundry: Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,056 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: front and rear
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,534 Square Feet
- Features: Front Yard
Details
- Parcel number: 003094001000
- Zoning: R3
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Chico
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $162,537
- Annual tax amount: $1,818
- Date on market: 5/2/2025
- Listing terms: Cash to New Loan
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