1121 1129 Magnolia Avenue, Chico, CA 95926

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1121 1129 Magnolia Avenue,Chico, CA 95926
$2,100,000
  • - Beds
  • - Baths
  • 8,758 sq. ft.
  • Multi-family
  • Active
Listed by: brent silberbauer
Office: exp realty of california, inc.888-584-9427
MLS#:SN26175730
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$239.78

About this home

Magnolia Apartments is a 17-unit multifamily offering across two character buildings on one oversized parcel in the heart of Chico. 1129 Magnolia, built in 1908, is a classic two-story with a centered entry framed by mature landscaping. 1121 Magnolia, known locally as The French Quarter, was built in 1945 and adds its own street presence along a tree-lined block shaded by a heritage oak. The mix of five studios, eleven one-bedrooms, and one two-bedroom sits within walking distance of Chico State, Enloe Medical Center, Chico High School, and downtown dining, the deepest pocket of rental demand in Butte County. Major capital items are already handled: new roofs were installed in 2019, and units are equipped with new mini split systems for efficient heating and cooling. The standout feature is the land itself. The parcel extends well beyond the two buildings, with a large graded rear yard fronting an existing off-street parking field. A buyer here is acquiring more than 17 income units;...

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Home facts

  • Year built:1908
  • Listing ID #:SN26175730
  • Added:56 day(s) ago
  • Updated:October 13, 2026 at 11:22 AM

Rooms and interior

  • Living area:8,758 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1908
  • Building area:8,758 sq. ft.
  • Lot area:0.55 Acres
  • Lot Features:Near Public Transit, Pasture

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$239.78
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