1339 Laburnum Avenue
Chico, CA, 95926 $ 539,000
Baths2.0 Sq 2,075 Monthly Estimate*
$ 3,403
Listed by Re/Max of Chico
Studio for $539,000 with 2 full baths. This 2,075 square foot home was built in 1946 on a lot size of 0.21.
Rare Chico Opportunity – Two Homes on One Lot! Whether you are searching for a smart investment, multi-generational living, or the perfect owner-occupied income property, this exceptional offering has it all. Ideally located in the Avenues; this versatile property features two separate homes on one lot just minutes from Chico State, Enloe Health, Bidwell Park, downtown Chico, shopping, and restaurants. The charming Front House offers approximately 1,225 square feet with 3 bedrooms and 2 bathrooms and has a proven rental history of no vacancy. Filled with character, it features a brand new roof, beautiful original hardwood floors, a new kitchen floor, expansive primate suite, indoor laundry, dual-pane windows, central heating and air conditioning, and a private fenced backyard with a relaxing patio. Privately situated behind the Front House, the Carriage House offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. Built in 2003 this modern home features vaulted ceilings, all new flooring throughout, totally private from Front House and an open and airy feel. It has its own private fenced backyard and patio. The home has new LVP flooring throughout, newer appliances in the kitchen, newer washer and dryer and new bath vanities with granite counter tops. There is private parking available for multi cars. With a strong rental history in a highly desirable location, this property offers outstanding flexibility for investors, extended families, or buyers looking to live in one home while generating income from the other. Opportunities like this are rare—two well-maintained homes, private outdoor spaces for each residence, seperate meters and excellent income potential all wrapped into one exceptional Chico property. Don’t miss your chance to own this premier multi-unit compound designed for the serious investor or the savvy homeowner looking for a "house-hack".
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher Gas Cooktop Gas Range Microwave
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1946
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 47000
Community Features Street Lights Sidewalks
County Butte
Net Operating Income 41600
Operating Expense 2400
Insurance Expense 1800
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Mangrove Ave to E Third Ave to Laburnum Ave
City Chico
Entry Location 0
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 9148
Listing Terms Submit
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 100
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities Built-in Features Ceiling Fan(s) Cathedral Ceiling(s) Granite Counters High Ceilings Open Floorplan Tile Counters Bedroom on Main Level Main Level Primary
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Inside Laundry Room Outside
Entry Level 0
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ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 9148
Number of Buildings 2
Building Area Total 2075
Lot Size Acres 0.21
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList Byheatherdeluca@comcast.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,403
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chico, CA
Average List Price $856,841
Percent of Sale Price 59%
About Chico, CA 92,365 Population
18% Since 2002
$ 46,766 Median Income
32.42 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $539,000 | | Listed Price |