570 E 3rd Avenue, Chico, CA 95926 - Berkshire Hathaway HomeServices California Properties

570 E 3rd Avenue, Chico, CA 95926

$619,000 Approx. USD 0 beds, 0 baths

Reduced by $16,000 on 5/20/2025

Listing Agent


Michael Lee | michaellee1979@gmail.com
Lic#: 02216710
Broker: Courtesy of Ryno Company

Co Listing Agent


Ryan Vaught | ryan.vaught@rynocompany.com
Lic#: 01444141
Broker: Courtesy of Ryno Company

Agent Remarks

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

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# SN25102642
List price is $619,000 Reduced by $16,000 on 5/20/2025
Price: $619,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1948
1 story
0.18 acres
Lot size: 0.1800
County: Butte
Zoning: R2
Appliances: Dryer,Washer
Lot description: TwoToFiveUnitsAcre,Back Yard
Heating/cooling: Central Air

Last Updated: 5/20/2025

 Days On Market (DOM): 15

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Lat/Long: 39.743072, -121.840559.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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