Listing Broker: Parkway Real Estate Co.
Listing Agent: Rick Sufuentes
DRE #01954054: 01486988
530-864-4454
CHICO STATE INVESTMENT OPPROTUNITY! Opportunity awaits at 827 W. 2nd Avenue! Conveniently located near Chico State, this well-maintained property offers an appealing combination of immediate rental potential and exciting possibilities for the future.
The existing home features a newer roof, fresh exterior paint, and a clean, move-in-ready presentation. Solar helps reduce electricity costs for occupants, adding another attractive feature for tenants. With estimated rental potential of approximately $2,300–$2,500 per month, this property could be an excellent addition to an investment portfolio or a smart option for parents purchasing housing for a Chico State student.
What truly sets this property apart is the spacious backyard and R-3 zoning. The generous lot presents an opportunity to explore additional residential development, potentially including an ADU, duplex, or other multifamily configuration. A previous owner even explored plans for a triplex.
Whether you're looking for rental income today, housing for a college student, or a property with longer-term investment possibilities, 827 W. 2nd Avenue deserves a closer look.
Buyers should independently verify zoning, permitted uses, development capacity, utilities, setbacks, and all requirements with the City of Chico. Rental figures are estimates and are not guaranteed.
| Listing Id: | SN26218646 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.19 |
| Waterfront?: | No |
| Year Built: | 1962 |
| Appliances: | Dishwasher, ElectricRange, Disposal, GasWaterHeater, Microwave |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Common Walls: | NoCommonWalls |
| Cooling: | CentralAir |
| Entry Level: | 1 |
| Fireplace Features: | FamilyRoom, WoodBurning |
| Fireplace?: | Yes |
| Heating: | Central |
| Interior Features: | CeilingFans, OpenFloorplan, RecessedLighting |
| Levels: | One |
| Listing Contract Date: | 2026-10-12 |
| Lot Features: | BackYard, FrontYard, Yard |
| Lot Size Area: | 8276.0 |
| Lot Size Source: | Assessor |
| Number Of Separate Electric Meters: | 1 |
| Number Of Separate Water Meters: | 1 |
| Parking Features: | Driveway |
| Spa Features: | None |
| State Or Province: | CA |
| Stories: | 1 |
| Utilities: | ElectricityConnected, NaturalGasConnected, SewerAvailable, WaterConnected |
| View: | Neighborhood |
| Water Source: | Public |
| Property Sub Type Additional: | SingleFamilyResidence |
| Country Subdivision: | 06007 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06007:043162021000 |
| List Price: | $399,000 |
|---|---|
| Property Sub Type: | SingleFamilyResidence |
| Association Fee: | $0 |
| Lot Size Square Feet: | 8,276.0 |
| City: | Chico |
| County Or Parish: | Butte |
| Postal Code: | 95926 |
| Number Of Units Total: | 1 |
| Room Type: | FamilyRoom, Kitchen, Laundry, LivingRoom |
| Building Area Total: | 1462.0 |
| Common Interest: | None |
| Community Features: | Curbs, Sidewalks |
| Cooling?: | Yes |
| Directions: | Cross Street is N Cedar |
| Elevation Units: | Feet |
| Entry Location: | 1 |
| Flooring: | Carpet, Tile, Wood |
| Garage Spaces: | 0.0 |
| Heating?: | Yes |
| Laundry Features: | WasherHookup, ElectricDryerHookup, Inside, LaundryRoom |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, CashToNewLoan, Submit |
| Lot Size Acres: | 0.19 |
| Lot Size Units: | SquareFeet |
| Number Of Buildings: | 1 |
| Number Of Separate Gas Meters: | 1 |
| Original List Price: | $399,000 |
| Parcel Number: | 043162021000 |
| Pool Features: | None |
| Postal City: | CHICO |
| Roof: | Composition |
| Sewer: | SepticTank |
| Special Listing Conditions: | Standard |
| Stories Total: | 1 |
| View?: | Yes |
| Window Features: | DoublePaneWindows |
| Year Built Source: | Assessor |
| Current Price: | $399,000.00 |
| Record Signature: | -904,962,857 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 13, 2026. 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.
California Regional Multiple Listing Service, Inc. data last updated on October 13, 2026 01:28 AM - PT
Property Last Updated: October 13, 2026 01:28 AM - PT
