1914 Oleander Avenue Chico, CA 95926

$850,000 Active

About the Property

Prime Real Estate development property on .41 acre lot with alley access. Centrally located in Chico, located on Oleander Ave between 9th and 10th Avenue with close proximity to Enloe Hospital, Chico State University, Public Transportation and Downtown Chico. The property is zoned Community Commercial which allows between 6-20 units per acre of Multifamily housing, Live-Work Housing or Transitional/Supportive Housing and many other possibilities. Potential Development could include building a new 5 plex apartment building next to the existing 4007 sq. ft. building building which is comprised of 3 units. The front unit is a commercial space of 1220 sq. ft. The middle studio unit is 819 sq. ft. The 3rd unit is a 1 bedroom 2 bath unit with loft and has 1960 sq. ft. The property was renovated in 2018 with custom details and craftsmanship in all units. Originally the property was the San Francisco Florist Company and then was used as an antique center for years. The property is connected to City Sewer and has 4 PGE meters and 2 Ca water meters. This property is near other redevelopment properties on the market you may want to incorporate into your development plans and help solve the housing shortage in Chico!

Property Information

Size 4,007 SqFt
Price/SqFt $212
Lot Size 0.41 Acres
Year Built 1959
Property Type Residential Income
Listing Number SN25028270
Listed 2/6/2025
Modified 2/7/2025
Listing Agent Leslie Depweg
Listing Office Bidwell Realty
Total Building 1
Total Units 3

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Water Meters
  • 2
Carport Spaces
  • 0.00
Construction Materials
  • Stucco
Electric
  • Standard
Fireplace
  • Electric
Garage Spaces
  • 0.00
Heating
  • Central
Levels
  • Multi/Split
Other Structures
  • Second Garage Detached
Pool
  • None
Price Pe rUnit
  • 283333
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Style
  • Craftsman
Views
  • Neighborhood
Water Source
  • Public
Cooling
  • Central Air
  • Zoned
Interior
  • Ceiling Fan(s)
  • Granite Counters
  • Open Floorplan
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
Appliances
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
Community Features
  • Biking
  • Golf
  • Hiking
  • Park
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected