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1519 Spruce Ave, Chico, CA 95926

Sale Price: $645,000
Apr 7, 20252,800 sqft2 beds1 baths
Listed by: Matt Depa
License #: 01861484
Phone #: 530-896-9340
Re/Max of Chico
Source:
CRMLS Logo
MLS #: SN25073162

Property Description

This exceptional property offers a rare blend of charm, convenience, and investment potential. Nestled in a prime location, this one-of-a-kind real estate gem features a delightful 2-bedroom, 2-bathroom main home alongside a triplex, each unit offering 1 bedroom and 1 bathroom. Whether you're looking to generate additional income, expand your real estate portfolio, or enjoy multi-generational living, this property provides endless possibilities. Step inside the main home and be greeted by an inviting living space filled with natural light, thanks to an abundance of well-placed windows. The laminate flooring adds warmth and style. The spacious living room is the perfect place to unwind, whether you're enjoying a cozy night in or entertaining guests. The kitchen is designed with functionality in mind, making meal preparation a pleasure. Featuring ample cabinetry to store all your culinary essentials and a gas range. This space is perfect for all your meal preparation needs. Both bedrooms in the main home offer generous space to relax and recharge, while the two bathrooms ensure convenience and privacy. Additional features include ceiling fans throughout for optimal comfort and a covered carport, providing protection from the elements. Beyond the main home, the triplex enhances the property's value and versatility. Each of the three units boasts a comfortable living area, a well-sized kitchen, a private bedroom, and a full bathroom, offering residents an ideal living space. With functional layouts and a desirable location, these units provide an excellent opportunity for steady rental income. Located just moments from Chico’s vibrant downtown, shopping, dining, and entertainment, this property offers the best of both worlds—proximity to local hotspots while maintaining a sense of privacy and comfort. Whether you're looking to live in the main home while renting out the triplex, or lease all four units as a smart investment, this is a rare opportunity you won’t want to miss.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,920

TurboHome Estimated Value

$676,500

$242 sqft

High Valuation
$710,325
$254/sqft
Normal Valuation
$676,500
$242/sqft
Low Valuation
$642,675
$230/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$242/sqft$676,500

Neighborhood

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Comparative Value

$460K

$534K

$567K

$625K

$645K

1103 Greenwich Dr, Chico, CA 95926

Sale Price: $460,000

Selected Comparable

2027 Palm Ave, Chico, CA 95926

Sale Price: $534,000

Selected Comparable

595 E 3rd St, Chico, CA 95928

Sale Price: $567,000

Selected Comparable

1519 Spruce Ave, Chico, CA 95926

List Price: $625,000

Subject Property

1519 Spruce Ave, Chico, CA 95926

Sale Price: $645,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1519 Spruce Ave, Chico, CA 95926

1519 Spruce Ave, Chico, CA 95926

List: $625,000

Listed: 4/7/2025

Area:2,800 sqft
Price/sqft:$223
Beds:2
Baths:1
Year Built:
Lot Size:9,148

Comparable Properties

COMPARABLE
Choose comps
1519 Spruce Ave, Chico, CA 95926

1519 Spruce Ave, Chico, CA 95926

Sale: $645,000

5/5/20250.00 mi

Area:2,800 sqft
Price/sqft:$230
Beds:2
Baths:1
Year Built:
Weight:39.2%
2027 Palm Ave, Chico, CA 95926

2027 Palm Ave, Chico, CA 95926

Sale: $534,000

4/7/20250.43 mi

Area:2,374 sqft
Price/sqft:$225
Beds:3
Baths:2
Year Built:
Weight:22.6%
595 E 3rd St, Chico, CA 95928

595 E 3rd St, Chico, CA 95928

Sale: $567,000

9/30/20240.99 mi

Area:2,536 sqft
Price/sqft:$224
Beds:3
Baths:2
Year Built:
Weight:20.8%
1103 Greenwich Dr, Chico, CA 95926

1103 Greenwich Dr, Chico, CA 95926

Sale: $460,000

9/16/20241.20 mi

Area:2,247 sqft
Price/sqft:$205
Beds:3
Baths:2
Year Built:
Weight:17.4%

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