1825 Magnolia, Chico, CA, CA 95926
- $565,000
- List Price
- $565,000
- Status
- ACTIVE
- MLS#
- SN26070802
- County
- Butte
- Year Built
- 1960
- Building Square Feet
- 3,717
- Square Feet
- 9,148
- Days on Market
- 98
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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 Health 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!
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Additional Information
- Parcel Number
- 003613009000
- Rent Control
- Yes
- Gross Scheduled Income
- $60,540
- Operating Expense
- 22003
- Net Operating Income
- $35,510
- Number of Buildings
- 3
- Lot Features
- Back Yard
- Heat
- Central, See Remarks, Wall Furnace
- Cooling
- Yes
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Urban
Listing courtesy of Listing Agent: Matt Depa (matt.depa@capitalrivers.com) from Listing Office: Capital Rivers Commercial Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.