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Chico, CA

$577,000

1339 Laburnum Avenue, Chico, CA
5
Beds
4
Baths
2,135
Sq Ft
1946
Built
9
Days listed

About this home

Rare Chico Opportunity – Two Homes on One Lot! Whether you are searching for a smart investment, multi-generational living, or the perfect owner-occupied income property, this exceptional offering has it all. Ideally located in the Avenues; this versatile property features two separate homes on one lot just minutes from Chico State, Enloe Health, Bidwell Park, downtown Chico, shopping, and restaurants. The charming Front House offers approximately 1,225 square feet with 3 bedrooms and 2 bathrooms and has a proven rental history of no vacancy. Filled with character, it features a brand new roof, beautiful original hardwood floors, a new kitchen floor, expansive primate suite, indoor laundry, dual-pane windows, central heating and air conditioning, and a private fenced backyard with a relaxing patio. Privately situated behind the Front House, the Carriage House offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. Built in 2003 this modern home features vaulted ceilings, all new flooring throughout, totally private from Front House and an open and airy feel. It has its own private fenced backyard and patio, and is currently tenant occupied, generating $1,650 per month in rental income. The home has new LVP flooring throughout, newer appliances in the kitchen, newer washer and dryer and new bath vanities with granite counter tops. There is private parking available for multi cars. With a strong rental history in a highly desirable location, this property offers outstanding flexibility for investors, extended families, or buyers looking to live in one home while generating income from the other. Opportunities like this are rare—two well-maintained homes, private outdoor spaces for each residence, and excellent income potential all wrapped into one exceptional Chico property. Don’t miss your chance to own this premier multi-unit compound designed for the serious investor or the savvy homeowner looking for a "house-hack".

Facts & features

Interior
Bedrooms
5
Bathrooms
4 full
Living area
2,135 sq ft
Interior features
Built In Features, Ceiling Fans, Cathedral Ceilings, Granite Counters, High Ceilings, Open Floorplan, Tile Counters, Bedroom On Main Level, Main Level Primary
Appliances
Dishwasher, Gas Cooktop, Gas Range, Microwave
Fireplace
None
Heating
Central
Cooling
Central Air
Laundry
Inside, Laundry Room, Outside
Levels
One
Exterior & lot
Lot size
0.21 acres (9,148 sq ft)
Pool
None
View
Neighborhood
Year built
1946
Community
County
Butte
Community features
Street Lights, Sidewalks
Listing details
Status
Active
Property type
Single Family Residence
Days on market
9
Listed
2026-07-16
Terms
Submit
Parcel #
003072008000
MLS #
SN26149636
Listed by
Heather DeLuca · Re/Max of Chico

Location

Price history

Listed
$577,000 · 2026-07-16
Days on market
9
Current price
$577,000
Financing

Could this home be yours?

Estimated monthly payment
$3,620
$2,918 principal & interest · $702 taxes & insurance
$115,400
Estimate only
Loan $461,600

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Estimated value range nearby
$693,137$813,683

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Re/Max of Chico. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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