Parkway Real Estate Co.
Listed by Parkway Real Estate Co.
$975,000
1362 Magnolia
Details
APN 003034001000
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 2
Stories 2
Acreage 0.210
Zoning Assessor
Multifamily | 3 Units
Marketing description
One of a kind investment and lifestyle opportunity in a highly desirable location near Enloe Medical Center, downtown Chico, restaurants, and shopping. Situated on a prime corner lot, this exceptional property features three custom homes, a sparkling pool, owned solar, and designer landscaping w/ rock retaining wall, all thoughtfully set up and operating as Airbnbs. Furniture is negotiable, offering a true turnkey opportunity. Home 1: Historic 1905 Craftsman (3BD/2BA) Full of charm and character, this beautifully maintained 1906 Craftsman showcases timeless architectural details blended with modern comforts. The spacious primary suite features vaulted ceilings, and this home enjoys private access to the pool, creating a perfect owners retreat or premium rental option. Home 2: Detached ADU (1BD/1BA, Built 2024) Newly built in 2024, this detached unit offers private parking, a fenced yard, and stylish finishes. Designed for comfort and privacy, its ideal for short-term or long-term rental income. Home 3: Attached ADU (1BD/1BA, Built 2024) Converted from the original garage in 2024, this attached unit includes private parking and its own yard space, providing flexibility and strong rental appeal. Whether youre seeking a high performing investment property, a multi generational living setup, or a live in one/rent the others opportunity, this property delivers versatility, income potential, and location, all wrapped into one exceptional offering.
Listing Contacts
Parkway Real Estate Co.
Listed by Parkway Real Estate Co.
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Zoning
R1 ResidentialSingle FamilyLow Density Residential
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View all 75 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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