2915 Godman , Chico, CA 95973
Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 291...		$649,850
Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre. 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br | 1 ba Bonus Room= 1140 sf and 2 br | 1 ba | Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico's thriving real estate landscape. Despite its current fixer upper status | ie recent fire | July 2023 | on one of the homes at 2915 Godman | 5br | 2ba | 2500 sf | it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br | 1ba Bonus Room & 2 br | 1 ba - and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development | less than 5 acres | which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )
Additional Information

Schedule a Showing
Year Built:1965
Size:1116 Sq. Ft.
Lot Size:0.69 Acres
Price:$582.30 per Sq. Ft.
MLS ID:FR26014815
Listing Type:Residential Income
Address
  • Internet Published
    • Income
  • Monthly Gross Income: $0.00
  • Net Operating Income: $38200.00
    • Pool
  • Pool Type: None
    • Sale Type
  • Sale Type: Standard




    • Information Provided Courtesy of Rufi Alday of Real Broker and . Listing data provided by CRMLS, last updated 2/18/2026 28 minutes ago.
    Based on information from California Regional Multiple Listing Service, Inc. as of 1/27/2026 7:15:00 AM. 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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