$649,850

2915 Godman, Chico, CA 95973

  • 10 beds
  • 1,116 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $582/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre. 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br | 1 ba Bonus Room= 1140 sf and 2 br | 1 ba | Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico's thriving real estate landscape. Despite its current fixer upper status | ie recent fire | July 2023 | on one of the homes at 2915 Godman | 5br | 2ba | 2500 sf | it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br | 1ba Bonus Room & 2 br | 1 ba - and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development | less than 5 acres | which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )

Listing Status:
Active
Date Added:
January 26, 2026
Data Last Updated:
February 18, 2026 at 7:06AM
Listing Office:
Real Broker : 855-450-0442
Listing Agent:
Rufi Alday : 559-903-8127
MLS ID:
CRFR26014815
  • Laundry: Inside
  • Heating: Central
  • General: Other
  • Parking: AssignedOther
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Butte
  • Zoning: 007220012000
  • Utilities: Other Water/Sewer
  • Sewer: Other
  • Source: CRMLS

This listing courtesy of Rufi Alday , Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oakdale

290 East Ave, Chico, CA, 95926

Grades KG-12

0.64 miles away

C

Center for Alternative Learning

290 East Ave, Chico, CA, 95926

Grades 6-12

0.64 miles away

C

Center for Alternative Learning

290 East Ave, Chico, CA, 95926

Grades 6-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.