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According to the listing agent, this listing is a bank owned (foreclosed) 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 Type(s):
Residential Income
| Last Updated | 4/30/2026 | Year Built | 1942 |
|---|---|---|---|
| County | Butte |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| HEAT | Central |
| INTERIOR | Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Recessed Lighting, Track Lighting |
| LOT | 0.41 acre(s) |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 17860 |
| PARKING | Asphalt, Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Century 21 Select Real Estate, Inc.
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