1713 Arbutus, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $449,000—positioned slightly above the $432,190 Fair Market Value. Despite the premium, the property offers significant utility through its dual-dwelling configuration on a large 10,890 sqft lot. With a Condition Rating of 3, the recently remodeled back unit provides immediate rental readiness. The expansive lot, alley access, and RV parking offer substantial value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies in a quiet Chico neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1713 Arbutus Subject | $449,000* List Price | 3 | 2 | 1,497 | $289 | - |
A 1150 Arcadian Avenue Sold | $435,000 | 3 | 2 | 1,416 | $307 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1940, it is well-maintained and features a recently remodeled back unit with new appliances, flooring, and paint. The kitchen shows modern updates (likely <5 years), and the overall condition is move-in ready, though the presence of a wall heater suggests some older mechanical systems remain.
Featuring two separate dwellings on a single lot (a 2BR/1BA and a 1BR/1BA), this property offers exceptional flexibility for owner-occupants looking to house-hack or investors seeking dual rental streams.
The oversized 10,890 sqft lot provides rare amenities including mature fruit trees, garden space, multiple outbuildings for workshops, and convenient alley access with dedicated RV parking.
The back unit has been fully remodeled with new appliances, flooring, and paint, significantly reducing immediate maintenance costs and enhancing the property's overall marketability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1497, other record living area = 969. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With an original build date of 1940, the property may require ongoing oversight and potential modernization of core systems in the front unit to ensure long-term efficiency.
Both units feature only a single bathroom, which may limit appeal for larger families or tenants prioritizing modern master-suite configurations.
Centrally located. Quiet Neighborhood. Two homes on one lot, 2 bedroom 1 bath in front, 1 bedroom 1 bath in back, Mature fruit trees. fenced yard, Room for garden. Several outbuildings that could be used for storage or workshop. City sewer, Has cal-water. Back unit remodeled. New appliances, paint and flooring. property offers incredible flexibility and income potential. Alley access with room for RV parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,497 | 2,666 |
| Lot Size | 10,890 | 9,365.5 |
| Price | $449.0K | $578.5K |
| Price per sq ft | $300 | $205 |
| Built year | 1940 | 1950 |
| HOA | $0 | $0 |
| Days on market | 13 | 93 |
Jul 9, 2026
$449,000
Initial Listing