2915 Godman Avenue, Chico, CA 95973
Local realty services provided by:Better Homes and Gardens Real Estate GoldLeaf



2915 Godman Avenue,Chico, CA 95973
$649,850
- 10 Beds
- - Baths
- 5,200 sq. ft.
- Multi-family
- Active
Listed by:rufi alday
Office:real broker
MLS#:632480
Source:CA_FMLS
Price summary
- Price:$649,850
- Price per sq. ft.:$124.97
About this home
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.
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Home facts
- Year built:1950
- Listing Id #:632480
- Added:48 day(s) ago
- Updated:August 08, 2025 at 02:40 PM
Rooms and interior
- Bedrooms:10
- Living area:5,200 sq. ft.
Heating and cooling
- Cooling:Central Heat/Cool
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:5,200 sq. ft.
- Lot area:0.69 Acres
Utilities
- Water:Private, Public
- Sewer:Public Sewer, Septic Tank
Finances and disclosures
- Price:$649,850
- Price per sq. ft.:$124.97
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