2051 Forest Ave, Chico CA, 95928

Active

2051 Forest Ave

Chico CA, 95928

$1,600,000

$115.94 per sqft

Active

13,800 sqft

Multi-family

Built in 1992

Listed by James Bach with Paradise Corner Realty 951-599-5567

Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/O BROKER OWNED

SW24249447

MLSⓇ ID

December 13, 2024

Listed

December 14, 2024

Updated

Map

2051 Forest Ave
Chico CA, 95928

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 1.63 Acres
Lot Features: 16-20 Units/Acre, Lot Over 40000 Sqft, Rectangular Lot, Sprinkler System
Sewer: Public Sewer

Other Property Details

Area Name: 699 - Not Defined
Days on Market: 1
Garage: No
Parking: Asphalt, Paved
Parking Total: 60
View: No
County: Butte
Water Source: Public
Pool: No
Pool Features: None
Zoning: OC

Listing Contact: 951-659-2602

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/14/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/14/2024 at 11:42 PM UTC