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Property Description
One of a kind investment and lifestyle opportunity in a highly desirable location near Enloe Medical Center, downtown Chico, restaurants, and shopping.
Situated on a prime corner lot, this exceptional property features three custom homes, a sparkling pool, owned solar, and designer landscaping w/ rock retaining wall, all thoughtfully set up and operating as Airbnbs. Furniture is negotiable, offering a true turnkey opportunity.
Home 1: Historic 1905 Craftsman (3BD/2BA)
Full of charm and character, this beautifully maintained 1906 Craftsman showcases timeless architectural details blended with modern comforts. The spacious primary suite features vaulted ceilings, and this home enjoys private access to the pool, creating a perfect owner's retreat or premium rental option.
Home 2: Detached ADU (1BD/1BA, Built 2024)
Newly built in 2024, this detached unit offers private parking, a fenced yard, and stylish finishes. Designed for comfort and privacy, it's ideal for short-term or long-term rental income.
Home 3: Attached ADU (1BD/1BA, Built 2024)
Converted from the original garage in 2024, this attached unit includes private parking and its own yard space, providing flexibility and strong rental appeal.
Whether you're seeking a high performing investment property, a multi generational living setup, or a live in one/rent the others opportunity, this property delivers versatility, income potential, and location, all wrapped into one exceptional offering.
Full Property Details
Full Property Details for 1362 Magnolia
General
- Price: $999,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN26040434
- Updated: 2/25/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry, Walk-In Closet
- Interior Features: Granite Counters
- Flooring: Tile, Vinyl, Wood
Rooms
Other Rooms
- Laundry: In Kitchen, Individual Room
Additional Information
- Pool Description: Private, Gunite, Lap
- Spa Description: None
Exterior
- Exterior Features: Awning(s)
Parking
- Parking Features: Assigned, Driveway, Concrete
- Parking: Assigned, Driveway, Concrete
Location
- County: Butte
- Driving Directions: Esplanade to Magnolia
- Direction Faces: West
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Central, Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 3
Structural Information
- Architectural Style: Craftsman
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,002
- Year Built: 1906
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: Guesthouse, Attached Guesthouse, Guest House Detached
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size Source: Assessor
- Lot Description: Back Yard, Corner Lot, Lawn, Sprinklers in Front, Sprinklers in Rear
Green Features
- Energy Generation: Solar
Financial Considerations
- Price Per Sq. Ft.: $332.78
- Price Per Unit: 333000
Listed by Parkway Real Estate Co., Eric Stofa
Get Pre-Approved Today
Schools
Schools serving 1362 Magnolia
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Citrus Avenue Elementary School 1350 Citrus Avenue, Chico, CA 95926 | K-5 | 0.2 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 0.7 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1362 Magnolia
Date
Details
Price
Change
Source
2/24/2026
Listed
$999,000
83.47%
MLS
5/26/2022
Sold
$544,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1362 Magnolia
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,850
13%
$592,093
7%
2023
$6,067
—
$555,390
2%
2023
$6,067
-4%
$544,500
-4%
2022
$6,339
2%
$566,810
2%
2021
$6,219
20%
$555,697
19%
2020
$5,171
2%
$465,445
2%
2019
$5,076
—
$456,319
2%
2018
$5,060
2%
$447,372
2%
2017
$4,958
106%
$438,600
86%
2016
$2,410
—
$235,622
2%
2015
$2,409
3%
$232,084
2%
2014
$2,350
-1%
$227,539
—
2013
$2,381
—
$226,511
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1362 Magnolia
1362 Magnolia, Chico, CA 95926 (MLS# SN26040434) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1362 Magnolia is currently listed for $999,000 and was received on February 24, 2026. Want to learn more about 1362 Magnolia? Do you have questions about finding other Multi-Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.
