$498,000

345 W 1st Avenue, Chico, CA 95926

5 beds |
3 baths |
2,056 sqft

Single-Family Home
Built in 1944
6,534sqft lot
—— car garage
$242/sqft
Listed 7 months ago

Property Description

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!

Listing Status:: Active
Date Added:: May 2, 2025 at 05:00AM
Listing Office:: Joanna Wing, Brokerage : 530-529-1811
Listing Agent:: Joanna Wing : 530-529-1811
MLS ID:: CRSN25097915

General: Family Room
Appliances: Electric Range
Laundry: Laundry Room
A/C: Wall/Window Unit(s)
Heating: Wall Furnace
Fireplace: None

General: Front Yard
Pool: None

General: 2

HOA Amenities: 0.0
School District: Chico Unified
County: Butte

Zoning: R3003094001000
View: None

This listing courtesy of Joanna Wing, Joanna Wing, Brokerage

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Citrus Avenue Elementary School

1350 Citrus Ave, Chico, CA, 95926

Grades KG-5

0.24 miles away

Chico Junior High School

280 Memorial Way, Chico, CA, 95926

Grades 6-8

0.60 miles away

Chico High School

901 Esplanade, Chico, CA, 95926

Grades 9-12

0.27 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.