Source:

2915 Godman Ave Chico, CA 95973

Street View

$649,850

Off Market

2915 Godman Ave Chico, CA 95973

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Property Highlights

Residential Income

Property Type

Triplex

Sub Type

1965

Year Built

N/A

Days On Properkey

0.69

Lot (acres)

FR26014815

MLS #

CRMLS

MLS Source

Description

Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre. 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br | 1 ba Bonus Room= 1140 sf and 2 br | 1 ba | Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico's thriving real estate landscape. Despite its current fixer upper status | ie recent fire | July 2023 | on one of the homes at 2915 Godman | 5br | 2ba | 2500 sf | it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br | 1ba Bonus Room & 2 br | 1 ba - and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development | less than 5 acres | which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )

Listed by Rufi Alday • DRE #01280125 • Real Broker

Contact: 559-903-8127

MLS #: FR26014815 •
Source: CRMLS

Property Features

Lot Features: 11-15 Units/Acre, 6-10 Units/Acre
Pool Features: None
Community: Sidewalks, Suburban, Park, Biking

Building & Construction

Architectural Style
Cottage

Interior & Comfort

Heating
Central

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-24 13:08:26 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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