1705 Spruce Avenue Chico, CA 95926

$470,000 Active

About the Property

Welcome to 1705 & 1707 Spruce Avenue, where timeless charm meets modern opportunity in the heart of the Avenues. This unique property sits on a spacious corner lot and offers two separate residences, a 3-bedroom main home plus a detached 1-bedroom, 1-bathroom cottage, just minutes from historic Downtown Chico, Chico State University, Bidwell Park, and a few short blocks from Enloe Medical Center. The main home radiates warmth and character, blending turn-of-the-century details with modern comforts like updated dual-paned windows, central heating and air, and a tankless water heater. The layout includes a spacious living room, a full bathroom, three well-sized bedrooms, and a private, fully fenced backyard featuring raised garden beds perfect for green thumbs or simply relaxing in your own retreat. A detached 1-car garage offers power, laundry hookups, and flexibility to use as a workshop, parking, or additional storage. Tucked away with its own private entrance and fully fenced yard, the charming detached cottage is a standout feature. With its own postal address, the cottage offers great separation and privacy. Recent upgrades throughout, including a fully equipped kitchen and a remodeled bathroom, make this unit move-in ready and highly desirable. Both units are currently leased with strong rental history and offer a cap rate well above 5%, making it an ideal property for investors looking to generate income from day one, or for future owner-occupants seeking flexibility and additional rental income. With shared utilities, City Sewer connection, and two homes on one lot, 1705 & 1707 Spruce Avenue is a rare gem in one of Chico's most desirable neighborhoods. Whether you're expanding your portfolio or planning for the future, this property offers location, lifestyle, and lasting value. Don't miss your chance to own a piece of Chico charm with built-in potential.

Property Information

Size 1,380 SqFt
Price/SqFt $341
Lot Size 0.17 Acres
Year Built 1907
Property Type Residential Income
Zoning R1
Listing Number SN25164631
Listed 7/17/2025
Modified 7/23/2025
Listing Agent Alisha Simpkins
Listing Office Keller Williams Realty Chico Area
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 2
# Water Meters
  • 1
Accessibility Features
  • None
Cooling
  • Central Air
Exterior
  • Rain Gutters
Fencing
  • Wood
Garage Spaces
  • 0.00
Levels
  • One
Other Structures
  • Shed(s)
Parking Total
  • 8.00
Pool
  • None
Price Pe rUnit
  • 235000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 3000.00
Uncovered Spaces
  • 8.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Biking
  • Storm Drains
Flooring
  • Carpet
  • Wood
Fireplace
  • Living Room
  • Wood Burning
  • See Remarks
Heating
  • Central
  • Fireplace(s)
  • Wood
Interior
  • Built-in Features
  • Ceiling Fan(s)
  • Storage
  • Tile Counters
Tenant Pays
  • Electricity
  • Gas
  • Sewer
  • Water
Utilities
  • Cable Available
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Disposal
  • High Efficiency Water Heater
  • Instant Hot Water
  • Range Hood
  • Self Cleaning Oven
  • Vented Exhaust Fan
  • Warming Drawer
  • Water Heater Central
  • Water Heater