2051 Forest Ave Chico, CA 95928
About the Property
Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/O BROKER OWNED
Property Information
| Size | 13,800 SqFt |
|---|---|
| Price/SqFt | $116 |
| Lot Size | 1.634 Acres |
| Year Built | 1992 |
| Property Type | Residential Income |
| Zoning | OC |
| Listing Number | SW24249447 |
| Listed | 12/13/2024 |
|---|---|
| Modified | 12/14/2024 |
| Listing Agent | James Bach |
| Listing Office | Paradise Corner Realty |
| Total Building | 5 |
| Total Units | 28 |
Property Features
- 28
- 0.00
- 403200.00
- 383200.00
- 403200.00
- Two
- 249200.00
- 134000.00
- 60.00
- None
- 57143
- Public Sewer
- 2
- All Utilities
- 40000.00
- 60.00
- Public
- Biking
- BLM/National Forest
- Dog Park
- Golf
- Hiking
- Horse Trails
- Park
- Mountainous
- Preserve/Public Land
- Rural
- Street Lights
Listed by James Bach of Paradise Corner Realty. Listing data last updated 12/20/2024 at 8:39 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/2024 11:38 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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