1515 Arcadian AVE Chico, CA 95926

TWO HOMES on one lot in a prime Chico location-the Avenues. This property checks every box for investors and house hackers alike, offering excellent rental history, strong upside potential, and peace of mind with recent upgrades. Located a block from Enloe Hospital, and minutes from Chico State, Chico High, and Downtown Chico, this is one of the most convenient and in-demand areas in town. The central location attracts a wide range of tenants-from students to professionals-ensuring consistent rental demand and minimal vacancy. The main home has been consistently rented for $2,225/month, but with new tenants the market rent is closer to $2,350-$2,400 as-is, and up to $2,600/month with minor updates. The ADU has rented steadily at $1,250/month, with current market rent more in the $1,350-$1,400/month range. Together, this setup provides a fantastic opportunity for steady cash flow and appreciation in one of Chico's most desirable neighborhoods. The property has also benefited from important recent improvements, giving investors confidence in long-term performance. The roof was replaced within the last 3 years, the main house HVAC within the last 5 years, and mini-splits were added to the ADU. The exterior paint was redone in the last 5 years, and the interior paint within the last