CA > Chico
Chico, CA 95926,1515 Arcadian AVE
Chico, CA 95926,1515 Arcadian AVE
Chico, CA 95926,1515 Arcadian AVE
Chico, CA 95926,1515 Arcadian AVE
Chico, CA 95926,1515 Arcadian AVE
Chico, CA 95926,1515 Arcadian AVE
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Marby Lee

Marby Lee

+1(408) 718-8204
Listed by Jessica Williams • Connect Real Estate Group
$ 569,000
Est. payment | /mo

4 Beds

3 Baths

1,996 SqFt

Save
$ 569,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,996 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,996 sqft

Price per Sqft $285

MLS Listing ID CRSN25196489

Bedrooms 4

Full Baths 3

Year Built 1986

Lot Size 9,583 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

TWO HOMES on one lot in a prime Chico location-the Avenues. This property checks every box for investors and house hackers alike, offering excellent rental history, strong upside potential, and peace of mind with recent upgrades. Located a block from Enloe Hospital, and minutes from Chico State, Chico High, and Downtown Chico, this is one of the most convenient and in-demand areas in town. The central location attracts a wide range of tenants-from students to professionals-ensuring consistent rental demand and minimal vacancy. The main home has been consistently rented for $2,225/month, but with new tenants the market rent is closer to $2,350-$2,400 as-is, and up to $2,600/month with minor updates. The ADU has rented steadily at $1,250/month, with current market rent more in the $1,350-$1,400/month range. Together, this setup provides a fantastic opportunity for steady cash flow and appreciation in one of Chico's most desirable neighborhoods. The property has also benefited from important recent improvements, giving investors confidence in long-term performance. The roof was replaced within the last 3 years, the main house HVAC within the last 5 years, and mini-splits were added to the ADU. The exterior paint was redone in the last 5 years, and the interior paint within the last

Location

State CA

County Butte

Zoning R1

Rooms

Dining Room In Kitchen

Kitchen Dishwasher, Hood Over Range, Oven Range - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Fireplaces Type None

Laundry In Garage

Exterior

Parking Features Garage, Other

Garage Spaces 2.0

Fence Other, Wood

Pool 31, None

Utilities Available Telephone - Not On Site

View Local/Neighborhood, Forest / Woods

Roof Type Composition

Building

Lot Description Grade - Level

Story One Story

Foundation Concrete Slab

Water District - Public

Others

Tax ID 003013050000

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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agent
Marby Lee

Agent | License ID: 02073692

+1(408) 718-8204 | marby@marbyleerealestate.com

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