1351 Arcadian Avenue, Chico, California 95926, Chico, 95926 - 0 bed, 0 bath
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1351 Arcadian Avenue
Chico, California 95926
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,146Sq Ft
4,356Lot Size
Property Price
LIST PRICE$695,000
EST. MARKET VALUE
$589,625
17% AboveMARKET VALUE
SUMMARY
This Residential Income Quadruplex represents a High-Potential Investment Opportunity, currently listed at $695,000—positioned above the $589,626 Fair Market Value. While the property trades at a premium, its 6.1% CAP rate, full occupancy, and Condition Rating of 3—supported by a newer roof and updated interiors—ensure immediate, stable cash flow. Located near Enloe Hospital, the asset benefits from high rental demand. This turnkey, low-maintenance property is an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers prioritizing reliable performance over immediate equity gains.
Estimated Market Value
$589,625
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1351 Arcadian Avenue Subject 0 bd · 0 ba · 2,146 sqft · $275 | $695,000* List Price | 0 | 0 | 2,146 | $275 | - |
A 487 E 3rd Avenue A & B Active 4 bd · 3 ba · 1,944 sqft · $308 · 0.6 mi | $599,000 List Price | 4 | 3 | 1,944 | $308 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1965, the property is well-maintained and functional with key updates including a newer roof, dual-pane windows, and refreshed interiors featuring newer flooring, countertops, and appliances.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property features significant recent capital improvements including a newer roof, dual-pane windows, and fully updated interiors with modern flooring and appliances, reducing immediate maintenance costs.
- Strong Investment Yield
With a 6.1% CAP rate and full occupancy, this fourplex offers immediate stable cash flow and a proven track record of rental performance in a competitive market.
- Prime Rental Location
Proximity to Enloe Hospital and downtown Chico creates high tenant demand and low vacancy risk, making it an ideal location for healthcare professionals and students.
CONSRISKS & DEFICIENCIES
- Compact Unit Size
At approximately 536 square feet per unit, the living spaces are relatively small, which may limit the tenant profile to individuals and cap the maximum achievable rent.
- Limited Lot Utility
The small 4,356 square foot lot provides minimal outdoor space for tenants and offers no room for future expansion or the addition of Accessory Dwelling Units (ADUs).
About 1351 Arcadian Avenue
Beautifully maintained fourplex with one-bedroom one bath units in the avenues. This 4-unit income property has a newer roof, dual-pane windows, and updated units with newer flooring, countertops, appliances, and paint. Low-maintenance grounds, on-site laundry and off-street parking. Fully occupied with great tenants, so you get stable cash flow from day one. A prime Chico location near Enloe Hospital, downtown, and shopping keeps rental demand strong. Ideal for investors with its 6.1% CAP rate and room to increase rents.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1965
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.5 |
| Baths | 0.0 | 2.6 |
| Square foot | 2,146 | 2,100.133 |
| Lot Size | 4,356 | 9,060.467 |
| Price | $695.0K | $495.0K |
| Price per sq ft | $324 | $229 |
| Built year | 1965 | 1959 |
| HOA | $0 | $370 |
| Days on market | 4 | 77 |
Pricing History
Listed for Sale
Oct 20, 2026
$695,000
Initial Listing
Sold
Jan 28, 2020
$318,000
Public Record
Sold
Mar 24, 2000
$165,000
Public Record