345 W 1st Ave, Chico, CA 95926 | For Sale

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For Sale $498,000 ($242.22 per Sq Ft)

$498,000 ($242.22 per Sq Ft)
  • (0)
  • 5 Bedrooms
  • 3 Bathrooms
  • 2,056 Sq Ft
  • 6,534 Sq Ft

Description

Investor Alert: Prime Rental Opportunity Near Chico State. This

property includes a spacious 5-bedroom, 3-bathroom home as well as a

separate Auxiliary Dwelling Unit. ADU

The spacious main house features three separate entrances and two

full living rooms, making it ideal for a high yield rental opportunity or

multi-generational living. Durable laminate flooring runs throughout

both levels, with newer tile in the kitchen. The main upstairs living area

boasts large windows that flood the space with natural light. Bonus

income potential with a fully legal ADU at 1056 Citrus Ave- a self-

contained studio with its own private kitchen and bathroom. Both

units are within walking distance to Chico State, making this a top

choice for student renters or university staff. Endless potential for

investors looking to expand their portfolio in a high-demand location!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $498,000
Property Type Single Family Homes
Usable Sqft 2,056
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1944
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 003094001000
MLS # SN25097915
Property ID 321760699
Lot Sqft 6,534
Zoning R3
Total Units 2
Days on Market 276
Original List Price $542,000
Applicances Electric Range%
Date Updated September 15, 2025
Date Created April 24, 2025
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Listing Provided By

Joanna Wing an agent of . Lic #01872461


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 15, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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