Exceptional opportunity featuring three distinct units with incredible flexibility, income potential, and future upside. This versatile property offers multiple residential-style living spaces with thoughtful updates throughout, creating an ideal setup for investors, owner-occupants, or those seeking flexible living arrangements. The front unit, prominently positioned along Oleander Ave, features vaulted wood ceilings, abundant natural light, an open-concept layout, updated bathroom, and its own dedicated HVAC system. The flexible studio-style floor plan lends itself to a variety of lifestyle and living configurations.
The middle unit has been fully renovated and showcases granite countertops, tile flooring, pantry storage, in-unit laundry area, updated bathroom, tall ceilings, central heating and air, and direct access to a private outdoor living space. The back unit has been extensively improved and offers a unique two-story layout with stamped concrete floors, updated kitchen, built-in cabinetry, dramatic fireplace feature wall, soaring ceilings, abundant natural light, and central heating and air. Upstairs, the spacious primary suite includes a full bathroom, walk-in closet, and additional flex space ideal for a home office, gym, studio, or retreat area.
Adding even more value, the rear portion of the property—accessible from the city alley—includes a separate structure already taken down to the studs, creating outstanding potential for future improvement, expansion, or additional living space (buyer to verify). With multiple units, updated interiors, private outdoor areas, and flexible floor plans, this property presents a rare opportunity with strong income-producing potential and long-term versatility
Foreclosure
Listed by: Century 21 Select Real Estate, Inc. • Emmett Jacobi • Contact: 530-519-6333
$595,000
1914 Oleander Ave, Chico, CA 95926
1beds
4,007sqft
Triplex
Built in 1942
-- sqft lot
$583,300 Zestimate®
$148/sqft
$-- HOA
What's special
Dramatic fireplace feature wallAbundant natural lightSpacious primary suiteOpen-concept layoutTile flooringTall ceilingsSoaring ceilings
- 81 days
- 485
- 29
Zillow last checked:
Listing updated:
Listed by:
Emmett Jacobi DRE #01896904 530-519-6333,
Century 21 Select Real Estate, Inc.
Source: CRMLS,MLS#: SN26095176
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Kitchen
Bathroom
- Features: Bathroom Exhaust Fan, Tub Shower, Upgraded
Kitchen
- Features: Granite Counters, Kitchen/Family Room Combo, Remodeled, Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Water Heater
- Laundry: Inside
Features
- Built-in Features, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
- Flooring: Carpet, Concrete
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 4,007 sqft
Property
Parking
- Parking features: Off Street, Oversized, Paved, RV Access/Parking
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.41 Acres
- Features: Rectangular Lot
Details
- Parcel number: 003352010000
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Drywall, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Chico
Financial & listing details
- Price per square foot: $148/sqft
- Date on market: 5/1/2026
- Cumulative days on market: 81 days
- Listing terms: Submit
- Road surface type: Paved
Foreclosure details
Estimated market value
$583,300
$554,000 - $612,000
$1,499/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 95926
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