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Bungalow with a covered front porch, framed by flowering trees behind a white picket fence.
Single-story house with a covered porch, white picket fence, and mature flowering trees.
Covered front porch with a white door, red steps, and a small table and chairs.
Living room with a beige sofa, hardwood floors, and several windows.
Living room with hardwood floors, a television, and wide openings to the kitchen and adjoining room.
Dining area with hardwood floors, built-in white cabinetry, and a view into the kitchen.
Dining room with hardwood floors, a white built-in hutch, and a doorway to a bedroom.
Bedroom with a bed, warm hardwood floors, cream walls, and a window with blinds.
Bathroom with a white tile-topped vanity, patterned floor tiles, and a blue-and-green shower curtain.
Bedroom with a teal-covered bed, hardwood floors, and an open doorway to a sitting area.
Kitchen with white cabinets, hardwood floors, and windows overlooking leafy trees.
Kitchen with white cabinets and appliances, hardwood floors, and a skylight.
Bedroom with a bed, desk, and dresser on warm wood flooring beneath a white beadboard ceiling.
Laundry room with a deep utility sink, washer and dryer, and orange floor.
Side exterior of a beige building with a covered walkway and wall-mounted mailboxes.
Paved patio with umbrella-shaded dining table, outdoor seating, and leafy trees between the homes.
Covered front porch with a white door and turquoise chairs beneath a large window.
Living room with a gray sectional, patterned rug, wood-look flooring, and ceiling fan.
Dining area with a round table beside windows, wood-look flooring, and a white entry door.
Kitchen with honey-colored wood cabinets, white tile counters, and a black range.
Carpeted entryway with a white arched-window door, shoe rack, and adjacent bedroom.
Furnished bedroom with a brown patterned bedspread, teddy bear, beige carpet, and windows with closed blinds.
Laundry room with a top-loading washer, stocked open shelves, and a shoe rack in the adjoining entryway.
Bedroom with a large dark bed, bright red blanket, desk, and office chair.
Bathroom with a long wood vanity and mirror beside a tiled tub-shower.
Bedroom with a gray-checkered bedspread, white dresser, and floral chair.
Bathroom with a wood vanity, large mirror, and tub with sliding glass doors.
Walk-in closet with clothes, shoes, and storage bins lining both sides.
Covered porch with a white entry door, gray siding, a chair, and shrubs beside a large tree.
Two-story gray-sided building with a wide concrete driveway and covered entry.
Covered entrance with a white door marked 3, potted plants, and a curved walkway.
Open-plan living room and kitchen with a blue patterned rug, gray sofa, and bicycle.
Kitchen and dining area with white cabinetry, a green bicycle, and a small table.
Kitchen with white cabinets, gray countertops, and a sink beneath a window.
Furnished bedroom with a rattan papasan chair beside a bed and a wide window overlooking trees.
Bedroom with a large bed, pale green wicker chair, and open doorways to adjoining rooms.
Bathroom with blue-speckled vanity countertop, white shower curtain, toilet, and coral bath mat.
Laundry room with a washer, dryer, water heater, and wall shelf.
Gray-sided house with a covered entry, white front door, and leafy trees overhead.
Covered front entrance with a white paneled door, gray-green siding, and shrubs beside the porch.
SEE ALL PHOTOS
Bungalow with a covered front porch, framed by flowering trees behind a white picket fence.
Single-story house with a covered porch, white picket fence, and mature flowering trees.
Covered front porch with a white door, red steps, and a small table and chairs.
Living room with a beige sofa, hardwood floors, and several windows.
Living room with hardwood floors, a television, and wide openings to the kitchen and adjoining room.
Dining area with hardwood floors, built-in white cabinetry, and a view into the kitchen.
Dining room with hardwood floors, a white built-in hutch, and a doorway to a bedroom.
Bedroom with a bed, warm hardwood floors, cream walls, and a window with blinds.
Bathroom with a white tile-topped vanity, patterned floor tiles, and a blue-and-green shower curtain.
Bedroom with a teal-covered bed, hardwood floors, and an open doorway to a sitting area.
Kitchen with white cabinets, hardwood floors, and windows overlooking leafy trees.
Kitchen with white cabinets and appliances, hardwood floors, and a skylight.
Bedroom with a bed, desk, and dresser on warm wood flooring beneath a white beadboard ceiling.
Laundry room with a deep utility sink, washer and dryer, and orange floor.
Side exterior of a beige building with a covered walkway and wall-mounted mailboxes.
Paved patio with umbrella-shaded dining table, outdoor seating, and leafy trees between the homes.
Covered front porch with a white door and turquoise chairs beneath a large window.
Living room with a gray sectional, patterned rug, wood-look flooring, and ceiling fan.
Dining area with a round table beside windows, wood-look flooring, and a white entry door.
Kitchen with honey-colored wood cabinets, white tile counters, and a black range.
Carpeted entryway with a white arched-window door, shoe rack, and adjacent bedroom.
Furnished bedroom with a brown patterned bedspread, teddy bear, beige carpet, and windows with closed blinds.
Laundry room with a top-loading washer, stocked open shelves, and a shoe rack in the adjoining entryway.
Bedroom with a large dark bed, bright red blanket, desk, and office chair.
Bathroom with a long wood vanity and mirror beside a tiled tub-shower.
Bedroom with a gray-checkered bedspread, white dresser, and floral chair.
Bathroom with a wood vanity, large mirror, and tub with sliding glass doors.
Walk-in closet with clothes, shoes, and storage bins lining both sides.
Covered porch with a white entry door, gray siding, a chair, and shrubs beside a large tree.
Two-story gray-sided building with a wide concrete driveway and covered entry.
Covered entrance with a white door marked 3, potted plants, and a curved walkway.
Open-plan living room and kitchen with a blue patterned rug, gray sofa, and bicycle.
Kitchen and dining area with white cabinetry, a green bicycle, and a small table.
Kitchen with white cabinets, gray countertops, and a sink beneath a window.
Furnished bedroom with a rattan papasan chair beside a bed and a wide window overlooking trees.
Bedroom with a large bed, pale green wicker chair, and open doorways to adjoining rooms.
Bathroom with blue-speckled vanity countertop, white shower curtain, toilet, and coral bath mat.
Laundry room with a washer, dryer, water heater, and wall shelf.
Gray-sided house with a covered entry, white front door, and leafy trees overhead.
Covered front entrance with a white paneled door, gray-green siding, and shrubs beside the porch.
Sold

1145 Magnolia Avenue

1145 Magnolia Avenue, Chico, CA 95926

$775,000
RARE INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF CHICO!!! 4 WELL MAINTAINED UNITS WITH GREAT POSITIVE CASH FLOW! YOU MIGHT WANT TO LIVE IN ONE AND LET YOUR TENANTS PAY YOUR MORTGAGE! OR MAYBE YOU HAVE A STUDENT AT CHICO STATE? You can actually see Enloe Hospital right down the tree-lined road from the property and it's just a quick walk to Chico State University two blocks away! The property has a great history of always being rented from professionals to students. The first home (unit 1) is a charming 1925 Bungalow, 3 Bed/1.5 Baths (1142 sq ft), covered front porch, original hardwood floors throughout, gorgeous built-in hutch in the dining room, large basement and front yard even has white picket fencing. There is convenient Laundry Room with sink located in the back of the unit. In between the 1st home and 2nd home is a shared, expanded entertaining patio, where people can be found enjoying themselves and BBQing! Second Home (Unit 2) is 4 Bed/2 Bath (1552 sq ft.) built in 2001. This home was finished with Hardiplank siding, had a roof replacement in 2017, flooring replaced with luxury vinyl planking, indoor Washer/Dryer area and tons of storage space in kitchen/baths. Units 3 & 4 are located in the 3rd Dwelling and was also built in 2001 with similar features. Unit #3 is a 1 Bed/1 Bath (573 sq ft) located upstairs and Unit #4 is a Studio (572 sq ft) located on the bottom floor. Both units share an indoor laundry accessed conveniently between both. Unit #3 was recently updated with tones of white & gray, Luxury Vinyl Planking, interior paint, refrigerator and wall furnace. The back of the property has been generously concreted for off-street parking, where at least 6 or more cars can be parked, accessed by an alley way. All meters for electric and gas are positioned in the front of the property by an organized mailbox area. The easy ability to walk/bike into Downtown Chico to enjoy dining and shopping, along with local Chico happenings and other amenities, is a Huge Win! Walking Score is 75! Don't miss the 3D Matterport to be able to virtually step through this well thought out and Substantial Cash Flow Property!

Studio

3,839 Sq.Ft. LIVING AREA

0.27 Acres lot

Lora Trenner-Voigt

Lora Trenner-Voigt

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Common Area, Inside, Laundry Room, See Remarks
  • Flooring Carpet, See Remarks, Wood
  • Fireplace None
  • APPLIANCES Dishwasher, Gas Range, Water Heater, Dryer, Washer
  • other interior Features Ceiling Fan(s), Laminate Counters, Tile Counters, Jack and Jill Bath, Walk-In Closet(s)

Area & Lot

  • Status Sold
  • Date Sold December 8, 2023
  • Living Area3,839 Sq.Ft.
  • Total Area3,839 Sq.Ft.
  • Lot Area0.27 Acres
  • MLS® IDSN23165490
  • TypeMulti-Family
  • YEAR BUILT2001
  • NeighborhoodHancock Park
  • Architecture StylesBungalow, Traditional
  • View DescriptionNeighborhood

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofComposition
  • lot features2-5 Units/Acre, Front Yard, Lawn, Landscaped, Rectangular Lot, Sprinkler System, Street Level, Walkstreet
  • parkingConcrete, Off Street, Paved, On Street
  • HEAT TYPECentral, Electric, Wall Furnace
  • AIR CONDITIONINGCentral Air, Electric, Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureCombination, Raised, Slab
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
  • other exterior FeaturesAwning(s), Rain Gutters

Financial

  • Sales Price$775,000
  • Zoning R3
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Hancock Park

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Contact Details

Lora Trenner | CA DRE# 01959391

Phone

(530) 228-9356

Email

[email protected]

Address

344 FLUME ST UNIT E CHICO CA 95926 1001 BILLE RD PARADISE CA 95969

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