1930 Arcadian Avenue, Chico, CA 95926
Local realty services provided by:ERA Carlile Realty Group
1930 Arcadian Avenue,Chico, CA 95926
$1,225,000
- - Beds
- - Baths
- 4,600 sq. ft.
- Multi-family
- Active
Listed by:marc guillon
Office:gravitas commercial real estate
MLS#:225129682
Source:MFMLS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$266.3
About this home
A charming 8-unit apartment community ideally located at 1930 Arcadian Ave. Built in 1948, the property offers a total of eight units with a desirable mix of two (2) studio units, three (3) one-bedroom/one-bath units, and three (3) two-bedroom/one-bath units one of which is a larger detached SFR. This balanced mix caters to a wide range of renters, from students and medical staff to local professionals. The property benefits from its close proximity to Enloe Medical Center, one of Chico's largest employers, providing a steady base of rental demand. Residents also enjoy convenient access to nearby retail, dining, and Chico State University while still being situated in a quiet residential setting known as The Avenues. With solid in-place income and rents positioned below market, 1930 Arcadian Avenue presents an excellent value-add opportunity for investors. Upgrades to unit interiors and common areas offer meaningful upside potential, while the property's established location ensures strong long-term rental fundamentals.
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Home facts
- Year built:1948
- Listing ID #:225129682
- Added:1 day(s) ago
- Updated:October 06, 2025 at 05:42 PM
Rooms and interior
- Living area:4,600 sq. ft.
Structure and exterior
- Year built:1948
- Building area:4,600 sq. ft.
- Lot area:0.24 Acres
Utilities
- Sewer:Septic System
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$266.3
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