Chico Homes with Mixed Use Subtype

Why settle for one income-producing property when you can have two? Rarely does an opportunity like this come along in Chico! Situated on a desirable corner lot, this unique property features two separate homes, both currently operating as successful Airbnb rentals, offering an incredible opportunity for investors, owner-occupants, or those seeking a versatile multi-generational property. The main home, built in the 1920s, is rich with timeless character, featuring soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The spacious floor plan includes three bathrooms, one of which has been fully remodeled with handicap-accessible features, including railings and a ramp. Recent improvements add even more value, including brand-new exterior paint, a Trex front porch, and a new $15,000 sewer line. Outside, enjoy an abundance of established fruit trees, including peach, cherry, and fig. The sparkling pool was resurfaced just last year and features a brand-new pool sweep, making it an inviting retreat for guests and residents alike. Previously configured as an eight-bedroom property, the main home also offers the potential to convert back for additional sleeping accommodations and increased rental opportunities. The permitted cottage, converted from a former garage, has its own address and has become an Airbnb favorite. Offering private laundry and flexible living space, this separate residence provides additional income potential and privacy. A pool house adds even more functionality, complete with an on-demand water heater and a newer split HVAC system for year-round comfort. With commercial zoning, the possibilities extend well beyond traditional residential use. Continue operating both homes as successful vacation rentals, live in one while generating income from the other, explore a live/work arrangement, or create a multi-generational living setup. Both residences offer their own private living spaces and flexible use options, while ample parking and handicap-friendly improvements add to the property's appeal. Conveniently located near Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this is a rare chance to own a distinctive two-residence property with established rental appeal, significant character, and a variety of future possibilities.

1050 Esplanade, Chico

$699,999

SN26234669 MLS ⋅ Active Status

Why settle for one income-producing property when you can have two? Rarely does an opportunity like this come along in Chico! Situated on a desirable corner lot, this unique property features two separate homes, both currently operating as successful Airbnb rentals, offering an incredible opportunity for investors, owner-occupants, or those seeking a versatile multi-generational property. The main home, built in the 1920s, is rich with timeless character, featuring soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The spacious floor plan includes three bathrooms, one of which has been fully remodeled with handicap-accessible features, including railings and a ramp. Recent improvements add even more value, including brand-new exterior paint, a Trex front porch, and a new $15,000 sewer line. Outside, enjoy an abundance of established fruit trees, including peach, cherry, and fig. The sparkling pool was resurfaced just last year and features a brand-new pool sweep, making it an inviting retreat for guests and residents alike. Previously configured as an eight-bedroom property, the main home also offers the potential to convert back for additional sleeping accommodations and increased rental opportunities. The permitted cottage, converted from a former garage, has its own address and has become an Airbnb favorite. Offering private laundry and flexible living space, this separate residence provides additional income potential and privacy. A pool house adds even more functionality, complete with an on-demand water heater and a newer split HVAC system for year-round comfort. With commercial zoning, the possibilities extend well beyond traditional residential use. Continue operating both homes as successful vacation rentals, live in one while generating income from the other, explore a live/work arrangement, or create a multi-generational living setup. Both residences offer their own private living spaces and flexible use options, while ample parking and handicap-friendly improvements add to the property's appeal. Conveniently located near Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this is a rare chance to own a distinctive two-residence property with established rental appeal, significant character, and a variety of future possibilities.

1050 Esplanade, Chico

$699,999

4 Beds ⋅ 4 Baths ⋅ SN26234431 MLS ⋅ Active Status

Why settle for one income-producing property when you can have two? Rarely does an opportunity like this come along in Chico! Situated on a desirable corner lot, this unique property features two separate homes, both currently operating as successful Airbnb rentals, offering an incredible opportunity for investors, owner-occupants, or those seeking a versatile multi-generational property. The main home, built in the 1920s, is rich with timeless character, featuring soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The spacious floor plan includes three bathrooms, one of which has been fully remodeled with handicap-accessible features, including railings and a ramp. Recent improvements add even more value, including brand-new exterior paint, a Trex front porch, and a new $15,000 sewer line. Outside, enjoy an abundance of established fruit trees, including peach, cherry, and fig. The sparkling pool was resurfaced just last year and features a brand-new pool sweep, making it an inviting retreat for guests and residents alike. Previously configured as an eight-bedroom property, the main home also offers the potential to convert back for additional sleeping accommodations and increased rental opportunities. The permitted cottage, converted from a former garage, has its own address and has become an Airbnb favorite. Offering private laundry and flexible living space, this separate residence provides additional income potential and privacy. A pool house adds even more functionality, complete with an on-demand water heater and a newer split HVAC system for year-round comfort. With commercial zoning, the possibilities extend well beyond traditional residential use. Continue operating both homes as successful vacation rentals, live in one while generating income from the other, explore a live/work arrangement, or create a multi-generational living setup. Both residences offer their own private living spaces and flexible use options, while ample parking and handicap-friendly improvements add to the property's appeal. Conveniently located near Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this is a rare chance to own a distinctive two-residence property with established rental appeal, significant character, and a variety of future possibilities.

1050 Esplanade, Chico

$595,000

2 Beds ⋅ 2 Baths ⋅ SN26217218 MLS ⋅ Active Status

Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.

195 E Shasta, Chico

$595,000

SN26212040 MLS ⋅ Active Status

Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.

195 E Shasta, Chico

$595,000

SN26212016 MLS ⋅ Active Status

Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.

195 E Shasta, Chico

$499,900

SN26211223 MLS ⋅ Active Status

Tucked just off a main street, 121 W. 1st Ave. is a hidden gem with the character of a 1905 Victorian and a location that puts so much of Chico within easy reach. A large wraparound porch welcomes you into this renovated two-story property, where soaring ceilings, gorgeous wainscoting, an updated kitchen, and renovated bathrooms blend historic character with everyday comfort. All four bedrooms are upstairs, while a finished basement with newly installed sheetrock adds even more flexible space, with paint matching and completion currently underway. The property features a complete six-zone ductless mini-split heating and cooling system, with six independently controlled indoor units served by two multi-zone outdoor heat-pump condensers. The remaining new HVAC unit has been installed, and all six mini-splits are fully operational, providing individualized heating and cooling throughout the property. More upgrades include, Fresh paint, the new HVAC system, six-zone mini-splits, and fiber connectivity for high-speed internet make this property especially well suited for a professional office, remote work, content creation, or anyone who values reliable internet and streaming. Live here, explore it as a rental or Chico State parent investment, use it as an office, or consider a combination of uses. Near Chico State, Enloe Hospital, downtown, shopping, restaurants, and freeway access, this is a rare opportunity to make a character-filled property work for your plans.

121 W 1st, Chico

$499,900

5 Beds ⋅ 2 Baths ⋅ SN26209670 MLS ⋅ Active Status

Tucked just off a main street, 121 W. 1st Ave. is a hidden gem with the character of a 1905 Victorian and a location that puts so much of Chico within easy reach. A large wraparound porch welcomes you into this renovated two-story property, where soaring ceilings, gorgeous wainscoting, an updated kitchen, and renovated bathrooms blend historic character with everyday comfort. All four bedrooms are upstairs, while a finished basement with newly installed sheetrock adds even more flexible space, with paint matching and completion currently underway. The property features a complete six-zone ductless mini-split heating and cooling system, with six independently controlled indoor units served by two multi-zone outdoor heat-pump condensers. The remaining new HVAC unit has been installed, and all six mini-splits are fully operational, providing individualized heating and cooling throughout the property. More upgrades include, Fresh paint, the new HVAC system, six-zone mini-splits, and fiber connectivity for high-speed internet make this property especially well suited for a professional office, remote work, content creation, or anyone who values reliable internet and streaming. Live here, explore it as a rental or Chico State parent investment, use it as an office, or consider a combination of uses. Near Chico State, Enloe Hospital, downtown, shopping, restaurants, and freeway access, this is a rare opportunity to make a character-filled property work for your plans.

121 W 1st, Chico

$789,000

SN26204013 MLS ⋅ Active Status

4-Unit Investment Property Near Chico State. Looking for a residential income property in one of Chico’s popular rental areas? 390 Ash Street offers four separate units near Chico State and Downtown Chico, giving tenants convenient access to campus, restaurants, shopping and downtown. The property includes two spacious 4-bedroom, 2-bath units, one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Two of the units also have their own fenced yards, adding valuable private outdoor space. Additional property features include central heat and air, dual-pane windows, on-site laundry and off-street concrete parking. The property sits on a corner lot with additional street parking, and the composition roof was replaced in 2017. With four units, a variety of floor plans and a location close to Chico State and Downtown, 390 Ash Street offers a great opportunity for an investor looking to add a Chico income property to their portfolio. Contact us for current rental information, additional property details or to schedule a private showing.

390 Ash Street, Chico

$975,000

SN26108944 MLS ⋅ Active Status

Excellent investment or 1031 exchange opportunity in Chico, CA. This insulated 7,500 SF metal building features two 3,750 SF suites, each equipped with an office and bathroom. Fully leased with long term tenants. Showing no plans of slowing down, Guido’s Auto Precision has operated out of the rear suite since it was built in 1985 and intends to continue the legacy they have created over the decades. Fusion Fitness occupies the front suite and has assigned parking. The building also features a glass storefront street side, high visibility, and a convenient location just off the Esplanade, making it an attractive asset in a well-established commercial corridor.

135 W 8th, Chico

$589,500

SN26021816 MLS ⋅ Active Status

Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.

165 Rio Lindo Ave, Chico

$589,500

SN26021785 MLS ⋅ Active Status

Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.

165 Rio Lindo Ave, Chico

Chico Homes with Mixed Use Subtype

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