Keegan Cin | Realtor® | License # DRE 01971604

Property

Chico, CA 95926 1519 Spruce Avenue

Pending
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Presented By: Matt Depa with Re/Max of Chico; 530-896-9300
  • MLS# SN25073162
  • 04/07/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 2,800
  • Year Built • 1936

Home Details

This exceptional property offers a rare blend of charm, convenience, and investment potential. Nestled in a prime location, this one-of-a-kind real estate gem features a delightful 2-bedroom, 2-bathroom main home alongside a triplex, each unit offering 1 bedroom and 1 bathroom. Whether you're looking to generate additional income, expand your real estate portfolio, or enjoy multi-generational living, this property provides endless possibilities. Step inside the main home and be greeted by an inviting living space filled with natural light, thanks to an abundance of well-placed windows. The laminate flooring adds warmth and style. The spacious living room is the perfect place to unwind, whether you're enjoying a cozy night in or entertaining guests. The kitchen is designed with functionality in mind, making meal preparation a pleasure. Featuring ample cabinetry to store all your culinary essentials and a gas range. This space is perfect for all your meal preparation needs. Both bedrooms in the main home offer generous space to relax and recharge, while the two bathrooms ensure convenience and privacy. Additional features include ceiling fans throughout for optimal comfort and a covered carport, providing protection from the elements. Beyond the main home, the triplex enhances the property's value and versatility. Each of the three units boasts a comfortable living area, a well-sized kitchen, a private bedroom, and a full bathroom, offering residents an ideal living space. With functional layouts and a desirable location, these units provide an excellent opportunity for steady rental income. Located just moments from Chico’s vibrant downtown, shopping, dining, and entertainment, this property offers the best of both worlds—proximity to local hotspots while maintaining a sense of privacy and comfort. Whether you're looking to live in the main home while renting out the triplex, or lease all four units as a smart investment, this is a rare opportunity you won’t want to miss.
Presented By: Matt Depa with Re/Max of Chico; 530-896-9300

Interior Features for 1519 Spruce Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories1

Other Rooms

Entry Level1

General for 1519 Spruce Avenue

Additional Parcels Y/NNo
AppliancesGasRange
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces1.0
Carport Y/NYes
CityChico
Community FeaturesSuburban
ContingencyBuyers to cooperate with sellers 1031.
CoolingDuctless, WallWindowUnits
CountyButte
DirectionsMangrove, Right onto E 7th, Left onto Spruce
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income4925.0
HOANo
HeatingDuctless, WallFurnace
Home Warranty Y/NNo
Insurance Expense2494.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet9148.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income41038.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces0.0
Operating Expense15713.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot2
Taxes$6,875
Trash Expense0.0
ViewNeighborhood
Water Sewer Expense647.0
Waterfront Y/NNo
Year Built1936
Year Built SourceAssessor
ZoningR1

Exterior for 1519 Spruce Avenue

Building Area Total2800.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.21
Lot Size Area9148.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking1.0
Water SourcePublic

Additional Details

Price History

Keegan Cin

Team Lead
Price $625,000
MLS#SN25073162
List Date 04/07/2025
Property Type Pending
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Request Info
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