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Arcadian Avenue

Chico, CA 95926

$1,225,000 $5,164/Mo

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Overview

4,600

Sqft(Lot)

Acres (Lot)

Description

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 marke t, 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.

Property Details

Property Type : ResidentialIncome

Price : $1,225,000

AD Id : 67325564

MLS Id : 225129682

Living Area Size : 4,600

County : Butte

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Septic System
Flooring Information

Other
Interior Features

Laundry Features: Other
Heating & Cooling

Heating: Other Cooling: Other WaterSource: Other

Building Information

Year Built: 1948 Stories: 2 Construction Materials: Other Foundation Details: Other
Exterior Features

Foundation Details: Other
Laundry Features

Other

Lot Information

Lot Description: Other Lot Square Feet: 10,454 Main Square Feet: 4,600

Property Information

Property Type: ResidentialIncome Sub Type: 5 or More Units SQ ft (Living Area): 4,600 Construction Materials: Other Property Age: 78 Cross Street: W. 8th Source Neighborhood: 12548 Area: Chico S: 95926 Zoning: R-1 Living Area Source: Appraiser Structure Type: Apartments

Farm Info

Irrigation Source: Other

Listing Price Information

Listing Id: 225129682 List Price: $1,225,000 List Price Tot SqFt: $266

Tax Information

Parcel Number: 003-613-026-000

Parking Information

Other

Elementary School District: Chico Unified

Junior High School District: Chico Unified

Senior High School District: Chico Unified
Utility Information

Other
Location Information

Direction: gps

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
W East Avenue, Chico, CA, 95926	$3,250,000	--	--	--	32,670 Sqft(Lot)
W 1st Avenue, Chico, CA, 95926	$2,888,000	--	--	--	Acres (Lot)--
W 2nd Avenue, Chico, CA, 95926	$750,000	--	--	2,595	Acres (Lot)--
2015 Nord, Chico, CA, 95926	$375,000	--	--	--	82,764 Sqft(Lot)
1 Four Acre Court, Chico, CA, 95926	$185,000	--	--	--	15,682 Sqft(Lot)