1362 Magnolia, Chico, California 95926, Chico, 95926 - 0 bed, 0 bath
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1362 Magnolia
Chico, California 95926
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,002Sq Ft
9,148Lot Size
Property Price
LIST PRICE$895,000
EST. MARKET VALUE
$887,537
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $895,000—positioned slightly above the $887,538 Fair Market Value. Featuring a Mint Condition Rating, this asset includes a historic main house and two newly constructed 2024 ADUs, all currently operating as successful Airbnbs. With owned solar and a sparkling pool, the property offers immediate, turnkey revenue streams. Its proximity to Enloe Medical Center ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing compound.
Estimated Market Value
$887,537
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 |
|---|---|---|---|---|---|---|
★ 1362 Magnolia Subject | $895,000* List Price | 0 | 0 | 3,002 | $296 | - |
A 1895 Lodge Pine Sold | $650,000 | 4 | 3 | 2,298 | $283 | 0.7 mi |
B 934 Esplanade Active | $935,000 List Price | 3 | 3 | 2,775 | $337 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features two brand-new 2024 ADUs and a meticulously maintained historic main house. Interior images show modern kitchens with stone countertops, updated appliances, and contemporary flooring. With owned solar, a pristine pool, and recent 2024 construction/conversions, the property is in mint, turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- High-Yield Income Potential
The property features three separate dwellings currently operating as successful Airbnbs, offering a turnkey investment opportunity with multiple revenue streams and negotiable furniture.
- Modern Efficiency & Sustainability
With two newly constructed ADUs (2024) and an owned solar system, the property significantly reduces long-term maintenance concerns and utility overhead for the owner.
- Prime Strategic Location
Situated just minutes from Enloe Medical Center and downtown Chico, the location is highly desirable for medical professionals, traveling nurses, and short-term rental guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3002, other record living area = 477.
- Restricted Amenity Access
The pool is exclusively accessible to the main house, which may limit the rental appeal or nightly rates for the two ADU units.
- High Site Density
Fitting three separate residences and a pool onto a 9,148 sqft lot results in limited private outdoor space and potential privacy challenges between the different dwellings.
About 1362 Magnolia
This exceptional property features three custom homes, owned solar, a sparkling pool, and designer landscaping with a rock retaining wall, all currently operating as successful Airbnbs. Furniture is negotiable for a truly turnkey opportunity. Home 1 – Historic Craftsman | 3BD/2BA, Built 1906 Beautifully maintained with timeless character, vaulted ceilings, and a spacious primary suite. The main house enjoys private pool access and offers an ideal owner’s residence or premium rental opportunity. Home 2 – Detached ADU | 1BD/1BA | Built 2024 Modern finishes, private parking, and a fenced yard. Home 3 – Attached ADU | 1BD/1BA | Built 2024 Converted from the original garage, with private parking and its own outdoor space. Units 2 and 3 do not have access to the pool. Just minutes from Enloe Medical Center, restaurants, shopping, and downtown amenities. An exceptional opportunity for an income producing investment, multigenerational living, or a live in one/rent the others strategy, all in one of Chico’s most desirable locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 9,148 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 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,002 | 1,721.208 |
| Lot Size | 9,148 | 8,138.524 |
| Price | $895.0K | $494.6K |
| Price per sq ft | $298 | $304 |
| Built year | 2024 | 1992 |
| HOA | $0 | $166 |
| Days on market | 28 | 54 |
Pricing History
Listed for Sale
Aug 12, 2026
$895,000
Initial Listing
Sold
Jul 1, 2022
$544,500
Public Record
Sold
Jun 15, 2020
$550,000
Public Record
Sold
May 13, 2016
$430,000
Public Record