1362 Magnolia, Chico, California 95926, Chico, 95926 - 0 bed, 0 bath
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Chico, California 95926
Analysis of 1362 Magnolia, Chico, California 95926 is currently available with a list price of $999,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This multi-unit property features two brand-new ADUs completed in 2024 and a 1906 Craftsman that has been extensively renovated to modern standards. The interiors showcase high-end finishes, including updated kitchens with stainless steel appliances, modern bathrooms, vaulted ceilings, and hardwood flooring. With the addition of owned solar, a well-maintained pool, and designer landscaping, the entire property is in turnkey condition with no deferred maintenance.
The property features three distinct living units, including two newly built ADUs (2024), providing exceptional versatility for high-yield short-term rentals, multi-generational living, or a live-in investment strategy.
Situated on a prime corner lot near Enloe Medical Center and downtown Chico, the property is perfectly positioned to attract traveling medical professionals and tourists, ensuring strong occupancy demand.
The inclusion of owned solar panels, a sparkling pool, and designer landscaping offers significant utility savings and premium lifestyle appeal that distinguishes this turnkey offering from typical area listings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3002, other record living area = 477.
Operating three separate units as Airbnbs requires significant management oversight, higher turnover costs, and more intensive maintenance compared to a traditional single-family rental.
Despite modern updates, the 1906 Craftsman main house may present higher long-term maintenance requirements and potential structural sensitivities inherent in century-old architectural properties.
One of a kind investment and lifestyle opportunity in a highly desirable location near Enloe Medical Center, downtown Chico, restaurants, and shopping. Situated on a prime corner lot, this exceptional property features three custom homes, a sparkling pool, owned solar, and designer landscaping w/ rock retaining wall, all thoughtfully set up and operating as Airbnbs. Furniture is negotiable, offering a true turnkey opportunity. Home 1: Historic 1905 Craftsman (3BD/2BA) Full of charm and character, this beautifully maintained 1906 Craftsman showcases timeless architectural details blended with modern comforts. The spacious primary suite features vaulted ceilings, and this home enjoys private access to the pool, creating a perfect owner’s retreat or premium rental option. Home 2: Detached ADU (1BD/1BA, Built 2024) Newly built in 2024, this detached unit offers private parking, a fenced yard, and stylish finishes. Designed for comfort and privacy, it’s ideal for short-term or long-term rental income. Home 3: Attached ADU (1BD/1BA, Built 2024) Converted from the original garage in 2024, this attached unit includes private parking and its own yard space, providing flexibility and strong rental appeal. Whether you’re seeking a high performing investment property, a multi generational living setup, or a live in one/rent the others opportunity, this property delivers versatility, income potential, and location, all wrapped into one exceptional offering.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 4% |
| Baths | 0.0 | 2.0 | 4% |
| Square foot | 3,002 | 1,682 | 95% |
| Lot Size | 9,148 | 8,712 | 55% |
| Price | $999.0K | $446.2K | 99% |
| Price per sq ft | $333 | $293 | 82% |
| Built year | 1906 | 1964 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 177 | 5% |
Feb 24, 2026
$999,000
Initial Listing
Jul 1, 2022
$544,500
Public Record
Jun 15, 2020
$550,000
Public Record
May 13, 2016
$430,000
Public Record