570 E 3rd Avenue
Chico, CA 95926
- – beds
- – baths
- – sqft
- 7,841 sqft lot
- 1948 build
- – on site
570 E 3rd Avenue is a charming, 3 unit property nestled in the heart of Chico, California. Built in 1956, each 1-bed, 1-bath unit offers contemporary amenities, seamlessly blending timeless mid-century charm with modern functionality for enhanced comfort and versatility. The property presents a compelling opportunity for investors seeking multiple units, proximity to a variety of amenities, and stable rental income. Its convenient location and updated features make it a valuable addition to a diversified real estate portfolio. • PROPERTY OVERVIEW • Total units: Total units: 3 • Unit C was renovated in 2020 and is fully furnished • Unit configurations: 1 bedroom, 1 bathroom • Total bedrooms/bathrooms: 3 beds, 3 baths • Total living area: ~1,800 sq ft • Unit sizes: Ranging from 550 to 650 sq ft • KEY FEATURES • In-unit laundry • Centrally located • Easy access to shopping, dining, and public transportation • Units have private yards • RENTAL INCOME POTENTIAL • Current rental rates are $1,495 per month per unit. • Gross monthly rental income: $4,800 • INVESTMENT HIGHLIGHTS • Full remodel in 2020 with all new plumbing, electrical, spray insulation, mini split HVAC, tankless water heaters, siding • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates • Spacious and well-manicured yards increase appeal
Last checked:
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Last updated May 9, 2025
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MLS# SN25102642 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1948
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:1750.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:3
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:3
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# of Separate Water Meters:3
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# of Separate Electric Meters:3
Interior
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Levels:One
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, Washer Included
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Laundry:1
Location
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Directions:From downtown Chico, head north on Esplanade. Turn right onto East 3rd Avenue. The destination will be on your left.
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Latitude:39.74307200
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Longitude:-121.84055900
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:R2
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Lot Features:2-5 Units/Acre, Back Yard
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Lot Size Area:7841.0000
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Lot Size Acres:0.1800
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Lot Size SqFt:7841.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:7.00
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:003444050000
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Biking, Curbs, Gutters, Sidewalks, Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Listed / Active | CRMLS_CA | $635,000 | 234.2% (21.0% / YR) |
|
3/21/14
Mar 21, 2014
|
CRMLS_CA | $190,000 |
