Millman Team Real Estate

$498,000
5 Bed
3 Bath
2,056 Sqft
0.15 Acre Lot

345 W 1st Avenue, Chico, California 95926

  • Residential Property Type
  • 2,056 Sqft Square Footage
  • 1944 Year Built
Property 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!

Basic Details
Residential
For Sale
SN25097915
$498,000
None
5
3
2,056 Sqft
1944
0.15 Acre
Active
3
Single Family Residence
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: None
: Laundry Room
: Public Sewer
$0
Appliances
: Electric Range
Address Map
CA
Butte
Chico
95926
1st
345
Avenue
West on West 1st, home is on left. The ADU is behind the house on Citrus
W
R3
Neighborhood
Chico Unified
Additional Information
$0
$0
$0
$0
$0
: Sidewalks
2
: Two
: Front Yard
2
2025-05-02
528000
2
2
: Public
Broker/Agent Information
Joanna Wing, Brokerage
Joanna Wing
Listing Information
CH209518322
SNJWB
Cash to New Loan
Active
2025-09-15T15:30:49Z
CRMLS
: Trust
2025-05-02T15:24:51Z
Agent info
Ray Millman
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