$599,000
$21K PRICE DROP

1825 Magnolia Ave Chico, CA 95926

Chico Vecino Neighborhood

Estimated payment $3,863/month

Total Views 4,471
5 Beds
5 Baths
3,717 Sq Ft
$161 Price per Sq Ft

Highlights

  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Chico Junior High School Rated A-
  • Living Room
  • Wall Furnace

About This Home

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 Medical 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!

Listing Agent

Matt Depa

Re/Max of Chico Brokerage Phone: 530-896-9300 License #01861484 Listed on: 05/14/2025

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 3,717 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 003613009000

Community Details

Overview

  • 4 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,000
  • Insurance Expense $6,920
  • Maintenance Expense $5,000
  • Trash Expense $1,167
  • Water Sewer Expense $1,700
  • New Taxes Expense $6,820
  • Operating Expense $22,607
  • Gross Income $4,923
  • Net Operating Income $36,469

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Price Per Unit: 119800
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1700.00
  • Zoning: R1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 003613009000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 161.15
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1167.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4923.00
  • Gross Scheduled Income: 59076.00
  • Insurance Expense: 6920.00
  • Lot Size Area: 9148.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 36469.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 22607.00
  • Rent Control: Yes
  • Total Expenses: 22607.00

Tax Info

  • New Taxes Expense: 6820.00
  • Tax Census Tract: 6.01
  • Tax Lot: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $599,000 -3.4% $161 / Sq Ft
05/14/2025 05/14/25 For Sale $620,000 -- $167 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Home in Chico, CA

  • 40 Coral Cir, Chico, CA 95973

    $535,000

    • 1 Bed
    • 1 Bath
    • 2,285 Sq Ft
    • 40 Coral Cir
    • Chico, CA

    Four 1-bedroom units in this great 4plex. Rents quickly, Tenants will stay for more than 1 year reducing turnover cost. The property is located in a quiet Cul-De-Sac with very little traffic. Each unit has a gas meter and an electric meter. Landlord pays garbage @$87/month, and the complex has 1 water meter and the water heater with gas meter @ $200/month Insurance is $3000/year. This is a great

    John Wallace Century 21 Select Real Estate, Inc.

    Section Image
See All Homes in Chico

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25106299

California Regional Multiple Listing Service (CRMLS)

California Butte County Chico 95926 Chico Vecino

1825 Magnolia Ave, Chico, CA

This home is located at 1825 Magnolia Ave, Chico, CA 95926 and is currently priced at $599,000, approximately $161 per square foot. This property was built in 1960. 1825 Magnolia Ave is a home located in Butte County with nearby schools including Citrus Avenue Elementary School, Chico Junior High School, and Chico High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Matt Depa
Listing Agent
Matt Depa
Section Image
Re/Max of Chico
(530) 287-4044