Description
570 e 3rd avenue is a charming, 3 unit property nestled in the heart of chico, california.
built in 1956, each 1-bed, 1-bath unit offers contemporary amenities, seamlessly blending timeless mid-century charm with modern functionality for enhanced comfort and versatility.
the property presents a compelling opportunity for investors seeking multiple units, proximity to a variety of amenities, and stable rental income. its convenient location and updated features make it a valuable addition to a diversified real estate portfolio.
• property overview
• total units: total units: 3
• unit c was renovated in 2020 and is fully furnished
• unit configurations: 1 bedroom, 1 bathroom
• total bedrooms/bathrooms: 3 beds, 3 baths
• total living area: ~1,800 sq ft
• unit sizes: ranging from 550 to 650 sq ft
• key features
• in-unit laundry
• centrally located
• easy access to shopping, dining, and public transportation
• units have private yards
• rental income potential
• current rental rates are $1,495 per month per unit.
• gross monthly rental income: $4,800
• investment highlights
• full remodel in 2020 with all new plumbing, electrical, spray insulation, mini split hvac, tankless water heaters, siding
• modern amenities reduce maintenance costs and enhance tenant satisfaction
• strong rental demand in the area supports consistent occupancy rates
• spacious and well-manicured yards increase appeal
Property Type
Residential IncomeCounty
ButteStyle
Residential IncomeAD ID
49672518
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Property Appliances: Dryer,Washer
- Fireplace: None
Cooling Features
- Central Air
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1948
- Building Area Total: 1,750
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.18
- Lot Size Source: Assessor
- Lot Size Square Feet: 7841
-
Listing Information
Listing Price Information
- Original List Price: 635,000
- Listing Contract Date: 2025-05-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 003444050000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Postal Code Plus 4: 2688
- Directions: From downtown Chico, head north on Esplanade. Turn right onto East 3rd Avenue. The destination will be on your left.
- Zoning: R2
- Source Property Type: Residential Income
- Property SubType: Mixed Use
Building and Construction
- Property Age: 77
- Common Walls: No Common Walls
- Structure Type: Mixed Use
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/13/2025 @ 22:52
- MLS: SN25102642
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 1,750 sqft, 7,841 sized lot, and 0 parking. are nearby neighborhoods.