1914 Oleander

Chico, CA 95926

About this property

Exceptional opportunity featuring three distinct units with incredible flexibility, income potential, and future upside. This versatile property offers multiple residential-style living spaces with thoughtful updates throughout, creating an ideal setup for investors, owner-occupants, or those seeking flexible living arrangements. The front unit, prominently positioned along Oleander Ave, features vaulted wood ceilings, abundant natural light, an open-concept layout, updated bathroom, and its own dedicated HVAC system. The flexible studio-style floor plan lends itself to a variety of lifestyle and living configurations. The middle unit has been fully renovated and showcases granite countertops, tile flooring, pantry storage, in-unit laundry area, updated bathroom, tall ceilings, central heating and air, and direct access to a private outdoor living space. The back unit has been extensively improved and offers a unique two-story layout with stamped concrete floors, updated kitchen, built-in cabinetry, dramatic fireplace feature wall, soaring ceilings, abundant natural light, and central heating and air. Upstairs, the spacious primary suite includes a full bathroom, walk-in closet, and additional flex space ideal for a home office, gym, studio, or retreat area. Adding even more value, the rear portion of the propertyaccessible from the city alleyincludes a separate structure already taken down to the studs, creating outstanding potential for future improvement, expansion, or additional living space (buyer to verify). With multiple units, updated interiors, private outdoor areas, and flexible floor plans, this property presents a rare opportunity with strong income-producing potential and long-term versatility

About this property

Exceptional opportunity featuring three distinct units with incredible flexibility, income potential, and future upside. This versatile property offers multiple residential-style living spaces with thoughtful updates throughout, creating an ideal setup for investors, owner-occupants, or those seeking flexible living arrangements. The front unit, prominently positioned along Oleander Ave, features vaulted wood ceilings, abundant natural light, an open-concept layout, updated bathroom, and its own dedicated HVAC system. The flexible studio-style floor plan lends itself to a variety of lifestyle and living configurations. The middle unit has been fully renovated and showcases granite countertops, tile flooring, pantry storage, in-unit laundry area, updated bathroom, tall ceilings, central heating and air, and direct access to a private outdoor living space. The back unit has been extensively improved and offers a unique two-story layout with stamped concrete floors, updated kitchen, built-in cabinetry, dramatic fireplace feature wall, soaring ceilings, abundant natural light, and central heating and air. Upstairs, the spacious primary suite includes a full bathroom, walk-in closet, and additional flex space ideal for a home office, gym, studio, or retreat area. Adding even more value, the rear portion of the propertyaccessible from the city alleyincludes a separate structure already taken down to the studs, creating outstanding potential for future improvement, expansion, or additional living space (buyer to verify). With multiple units, updated interiors, private outdoor areas, and flexible floor plans, this property presents a rare opportunity with strong income-producing potential and long-term versatility

Features and Additional Information

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$595,000 Active
1 Bed
3
Baths
4,007 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Century 21 Select Real Estate, Inc.
1-530-345-6618
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Area Information

| Butte County |

$ 595,000
This listing is play_arrow 25.3% higher than the average in the area
$ 475,000 in the area
4,007 SqFt
This listing is play_arrow 80.1% larger than the average in the area
2,225 SqFt in the area
$ 148 $/SqFt
This listing is play_arrow 30.4% less than the average in the area
$ 213 $/SqFt in the area
119 days on site
This listing is play_arrow 158.7% above the average in the area
46 days on site in the area

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Listed By Emmett Jacobi
Brokerage: Century 21 Select Real Estate, Inc.

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