$475,000

Estimated payment $3,085/month

Total Views 193
4 Beds
3 Baths
2,039 Sq Ft
$233 Price per Sq Ft

Highlights

  • Canal View
  • Corner Lot
  • Living Room
  • Bonus Room
  • Two Homes on a Lot
  • Bike Trail

About This Home

TWO HOMES on ONE LOT! OWNER-CARRY OPPORTUNITY! Attention seasoned and new investors! Live in one house and rent out the other or rent them both! Don't miss this fantastic opportunity to expand your portfolio with this income-generating property. Located at the edge of The Avenues, near Lindo Chanel with easy access to Enloe, CSUC, freeway access, and Downtown Chico, this property is a prime investment. Property features TWO separate homes, each with street frontage, separate PG&E meters, carports and fenced yards. The first home (2050 Laburnum) is a spacious 2 bedroom, 2 bathroom home with a bonus room, indoor laundry and approximately 1096 square feet of living area, plus a private fenced patio area. The second home (355 East Lindo) features 2 bedrooms, and 1 bathroom, indoor laundry and is approximately 943 square feet with large, fenced front yard. Second unit is tenant-occupied through the end of September. This property is not just an investment, but a strategic addition to your portfolio with its reliable income stream and close proximity to Chico's amenities. Seize the opportunity and take the next step in building on your financial future!

Listing Agent

Kiersten Morgan

Keller Williams Realty Chico Area Brokerage Phone: 530-680-8884 License #01808835 Listed on: 08/14/2026

Keller Williams Realty Chico Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Wire Fence
  • Corner Lot

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Bonus Room
  • Concrete Flooring
  • Canal Views
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Additional Homes

  • Two Homes on a Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 003344001000
  • $3,361 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 2 Units
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerator, range, dishwasher
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 003344001000
  • Year Built: 1937
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 232.96
  • Room Type: Primary Bedroom, Bonus Room, All Bedrooms Down, Kitchen, Living Room, Primary Bathroom

Exterior Features

  • Other Structures: Two On A Lot
  • View: Canal
  • Fence: Yes
  • Fencing: Wire, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Dishwasher
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 39.75006700

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 36600.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 29100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7500.00
  • Rent Control: Yes
  • Total Expenses: 7500.00

Tax Info

  • Tax Block: 3
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 3361.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 For Sale $475,000 -- $233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26177922

California Regional Multiple Listing Service (CRMLS)
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