1914 Oleander Chico, CA 95926
About the Property
Exceptional opportunity with community commercial zoning (CC) and three distinct units offering incredible flexibility and income potential. This versatile mixed-use property combines both residential and commercial components, an increasingly sought-after asset class known for diversified use and strong investment upside. The front unit, prominently facing Oleander Ave, features a commercial studio space with vaulted wood ceilings, abundant natural light, and an open layout, ideal for a retail storefront, office, fitness studio, or creative workspace. Complete with its own updated bathroom and dedicated HVAC system, this space is ready for immediate use. The middle unit is a fully renovated residential studio showcasing an upgraded kitchen with granite countertops, tile flooring, pantry, and in-unit laundry area. The bathroom has been tastefully updated, and the spacious studio layout is enhanced by tall ceilings, has central heating & air, and direct access to a private outdoor living area. The back unit has been extensively improved and offers a unique two-story layout with stamped concrete floors, updated kitchen, built-in cabinetry, and a striking fireplace feature wall and central heating & air. Soaring ceilings and natural light create an inviting living space, while upstairs you’ll find a large primary suite with a full bathroom, walk-in closet, and an additional flex space perfect for a home office, work out area, or art studio. Adding to the value, the rear portion of the property, accessible via city alley, includes a separate structure that has been taken down to the studs, offering a prime opportunity for future development or additional unit expansion. Whether you’re an investor, business owner, or looking for a live/work setup, this property delivers multiple income streams, flexible use options, and significant upside potential.
Property Information
| Size | 4,007 SqFt |
|---|---|
| Price/SqFt | $148 |
| Lot Size | 0.41 Acres |
| Year Built | 1942 |
| Property Type | Residential Income |
| Zoning | CC |
| Sale Type | Foreclosure |
| Listing Number | SN26093441 |
|---|---|
| Listed | 4/30/2026 |
| Modified | 4/30/2026 |
| Listing Agent | Emmett Jacobi |
| Listing Office | Century 21 Select Real Estate, Inc. |
| Total Building | 1 |
| Total Units | 3 |
Property Features
- 4
- 4
- 0
- 4
- 2+ Access Exits
- Central Air
- Wood
- Living Room
- 0.00
- Central
- Two
- None
- 198333
- Composition
- Public Sewer
- None
- 2
- Neighborhood
- Public
- Biking
- Street Lights
- Stucco
- Drywall Walls
- Carpet
- Concrete
- Built-in Features
- High Ceilings
- Track Lighting
- Ceiling Fan(s)
- Pantry
- Recessed Lighting
- Granite Counters
Listed by Emmett Jacobi of Century 21 Select Real Estate, Inc.. Listing data last updated 5/2/2026 at 11:43 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2026 2:48 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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