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.
MLS #
CRFR25279247
MLS Source
California Regional MLS
Days on Site
2
Heating
Central Forced Air
Foundation
Concrete Perimeter
Pool
None
Style
Ranch
Garage/Parking
Carport, Other, Garage: 6 Car(s)
Sewer
Septic Tank
Water
Well
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 2 | 3 |
2915 Godman is a Triplex in Chico, CA 95973. This – square foot property sits on a 30,056 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $649,850 and was built in 1965. This address can also be written as 2915 Godman, Chico, CA 95973.
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This listing information is up-to-date as of December 23, 2025. For the most current information, please contact Rufi Alday