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!
Off market
$344,925
1825 Magnolia Ave, Chico, CA 95926
--beds
--baths
3,717sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$93/sqft
$3,508 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 04, 2025 at 10:31am
Source: CRMLS,MLS#: SN25106299
Originating MLS: California Regional MLS
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside, See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,717
- Total interior livable area: 3,717 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,148 sqft
- Features: Back Yard
Details
- Parcel number: 003613009000
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Chico
Other
Other facts
- Listing terms: Cash,Cash to New Loan