Property Detail

1914 Oleander

Chico CA 95926

$595,000

Status: Active

Property Details

Description

Exceptional opportunity to live in one of the three units and rent out the others. With community commercial zoning (CC) these three distinct units offer 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.

Map Location

Listing provided courtesy of Emmett Jacobi of Century 21 Select Real Estate, Inc.. Last updated 2026-05-08 08:18:53.000000. Listing information © 2025 CRMLS.

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

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