2044 Humboldt Rd Chico, CA 95928

$550,000 Active
  • 2 Beds
  • 1 Baths
  • 776 Sq.Ft.
  • 0.70 Acres

About the Property

This nearly 1-acre property in the City of Chico presents a prime development opportunity with R3 zoning, allowing for the construction of up to 14 residential units/acre. The flat, rectangular lot offers an ideal foundation for multi-unit housing, catering to the city's growing demand for residential development. Additionally, the existing 776 sq. ft. single-family home, featuring 2 bedrooms, 1 bathroom, and a bonus office or workspace, can generate monthly rental income, providing immediate cash flow while planning future development. There is plenty of room to build an ADU behind the existing house and still build a 12 plex as shown in the preliminary design rendering to further maximize this spacious property. Whether for a developer looking to build multi-family housing or an investor seeking rental income from the existing house, plus a new ADU and with long-term appreciation, this property is a rare opportunity in a desirable location and market. See additional Land MLS listing SN25055842

Property Information

Size 776 SqFt
Price/SqFt $709
Lot Size 0.7 Acres
Year Built 1948
Property Type Single Family Residence
Zoning R3
Listing Number SN25055911
Listed 3/7/2025
Modified 3/14/2025
Listing Agent Nicole Carter
Listing Office Century 21 Select Real Estate, Inc.
Bedrooms 2
Total Baths 1
Full Baths 1
Pool No
HOA Dues None

Property Features

Common Walls
  • No Common Walls
Cooling
  • Ductless
Fireplace
  • None
Flooring
  • Wood
Garage Spaces
  • 0.00
Heating
  • Ductless
Levels
  • One
Lot Features
  • 0-1 Unit/Acre
Parking
  • Unpaved
Pool
  • None
Road Frontage
  • City Street
Road Surface
  • Paved
Sewer
  • Conventional Septic
Views
  • Neighborhood
Water Source
  • Well
Laundry
  • Gas Dryer Hookup
  • Washer Hookup
Community
  • Biking
  • Curbs
  • Gutters
  • Storm Drains
Utilities
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Water Connected