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
Sold for $565,000
Listing Provided by: Ryno Company
Bought with: Parkway Real Estate Co.
$565,000
570 E 3rd Ave, Chico, CA 95926
3beds
3baths
1,750sqft
Mixed Use
Built in 1948
-- sqft lot
$524,700 Zestimate®
$323/sqft
$1,518 Estimated rent
Home value
$524,700
$472,000 - $577,000
$1,518/mo
Zestimate® history
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$3,570/mo
Est. payment
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List your homeWhat's special
Private yardsModern amenitiesSpacious and well-manicured yardsUpdated featuresIn-unit laundry
Zillow last checked:
Listing updated:
Listing Provided by:
Michael Lee DRE #02216710 5305703222,
Ryno Company,
Ryan Vaught DRE #01444141 530-343-2959,
Ryno Company
Bought with:
Samantha Barandeh, DRE #02059614
Parkway Real Estate Co.
Source: CRMLS,MLS#: SN25102642
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 7,841 sqft
- Features: 2-5 Units/Acre, Back Yard
Details
- Parcel number: 003444050000
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Gutter(s), Sidewalks, Urban
Location
- Region: Chico
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $565,000-2.4%$323/sqft |
Source:  CRMLS #SN25102642 Report a problem | ||
| 7/12/2025 | Pending sale | $579,000$331/sqft |
Source: CRMLS #SN25102642 Report a problem | ||
| 7/2/2025 | Price change | $579,000-3.3%$331/sqft |
Source: CRMLS #SN25102642 Report a problem | ||
| 5/29/2025 | Price change | $599,000-3.2%$342/sqft |
Source: CRMLS #SN25102642 Report a problem | ||
| 5/20/2025 | Price change | $619,000-2.5%$354/sqft |
Source: CRMLS #SN25102642 Report a problem | ||
| 5/8/2025 | Listed for sale | $635,000+234.2%$363/sqft |
Source: CRMLS #SN25102642 Report a problem | ||
| 3/21/2014 | Sold | $190,000-13.6%$109/sqft |
Source: Public Record Report a problem | ||
| 10/12/2013 | Listing removed | $219,900$126/sqft |
Source: Next Generation Realty #CH13099190 Report a problem | ||
| 9/15/2013 | Price change | $219,900-4.4%$126/sqft |
Source: Next Generation Realty #CH13099190 Report a problem | ||
| 8/3/2013 | Listed for sale | $230,000$131/sqft |
Source: Homepath #CH13099190 Report a problem | ||
| 6/7/2013 | Listing removed | $230,000$131/sqft |
Source: Next Generation Realty #CH13099190 Report a problem | ||
| 5/19/2013 | Price change | $230,000-11.5%$131/sqft |
Source: Homepath #CH13099190 Report a problem | ||
| 4/17/2013 | Listed for sale | $260,000+8.7%$149/sqft |
Source: Homepath #CH13099190 Report a problem | ||
| 1/31/2011 | Sold | $239,239-17.5%$137/sqft |
Source: Public Record Report a problem | ||
| 10/12/2007 | Sold | $290,000+427.3%$166/sqft |
Source: MetroList Services of CA #200705135 Report a problem | ||
| 12/31/2003 | Sold | $55,000-76.6%$31/sqft |
Source: Public Record Report a problem | ||
| 6/17/2003 | Sold | $235,000$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,071 +6.8% | $263,550 +2% |
| 2024 | $2,876 +1.2% | $258,383 +2% |
| 2023 | $2,842 +1.7% | $253,318 +2% |
| 2022 | $2,794 +1.9% | $248,352 +2% |
| 2021 | $2,742 +0.3% | $243,483 +1% |
| 2020 | $2,734 +1.8% | $240,987 +2% |
| 2019 | $2,685 +1.9% | $236,262 +2% |
| 2018 | $2,636 +2.1% | $231,630 +2% |
| 2017 | $2,581 +9.5% | $227,089 +2% |
| 2016 | $2,357 -1.9% | $222,638 +1.5% |
| 2015 | $2,403 | $219,295 -2.4% |
| 2014 | $2,403 | $224,701 +0.5% |
| 2013 | -- | $223,686 +2% |
| 2012 | -- | $219,300 -2.5% |
| 2011 | -- | $225,000 |
| 2010 | -- | $225,000 -23.9% |
| 2009 | -- | $295,800 +2% |
| 2008 | -- | $290,000 +14.2% |
| 2007 | -- | $254,037 +2% |
| 2006 | -- | $249,057 +2% |
| 2005 | -- | $244,174 +2% |
| 2004 | -- | $239,387 +104.6% |
| 2003 | -- | $116,992 +2% |
| 2002 | -- | $114,699 +2% |
| 2001 | -- | $112,451 |
Find assessor info on the county website
Neighborhood: 95926
Nearby schools
GreatSchools rating
- 6/10Citrus Avenue Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Chico Junior High SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Chico High SchoolGrades: 9-12Distance: 0.6 mi
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- California
- Butte County
- Chico
- 95926
- 570 E 3rd Ave
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