1339 Laburnum Avenue, Chico, CA, CA 95926

Property Description

Rare Chico Opportunity – Two Homes on One Lot! Whether you are searching for a smart investment, multi-generational living, or the perfect owner-occupied income property, this exceptional offering has it all. Ideally located in the Avenues; this versatile property features two separate homes on one lot just minutes from Chico State, Enloe Health, Bidwell Park, downtown Chico, shopping, and restaurants. The charming Front House offers approximately 1,225 square feet with 3 bedrooms and 2 bathrooms and has a proven rental history of no vacancy. Filled with character, it features a brand new roof, beautiful original hardwood floors, a new kitchen floor, expansive primate suite, indoor laundry, dual-pane windows, central heating and air conditioning, and a private fenced backyard with a relaxing patio. Privately situated behind the Front House, the Carriage House offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. Built in 2003 this modern home features vaulted ceilings, all new flooring throughout, totally private from Front House and an open and airy feel. It has its own private fenced backyard and patio, and is currently tenant occupied, generating $1,650 per month in rental income. The home has new LVP flooring throughout, newer appliances in the kitchen, newer washer and dryer and new bath vanities with granite counter tops. There is private parking available for multi cars. With a strong rental history in a highly desirable location, this property offers outstanding flexibility for investors, extended families, or buyers looking to live in one home while generating income from the other. Opportunities like this are rare—two well-maintained homes, private outdoor spaces for each residence, and excellent income potential all wrapped into one exceptional Chico property. Don’t miss your chance to own this premier multi-unit compound designed for the serious investor or the savvy homeowner looking for a "house-hack".