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Age-Restricted Residential Income Property
For Sale
$62,000

88-701 E Lassen Ave, Chico, CA 95973

Bright residence in a 55-and-older park with upgraded baths, central HVAC, outdoor storage, and community amenities.

Property Size1,440 SF
Price / SF$43.06
Days on Market170

Property Features for 88-701 E Lassen Ave

General Information

Standard status Active
Size 1,440 SF
Property subtype Manufactured In Park

Additional Details

Multifamily Units 1

Amenities

pool
office
social hall
mailbox
library
Listing Agency: Century 21 Select Real Estate, Inc.
Listed By: John Wallace · License #01110326
Source: Exprealty
Added: Mar 1 Changed: Aug 9 Last Checked: Aug 17 at 5:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Select Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 1,440-square-foot residence is located in an age-restricted park for residents 55 and older. Interior features include custom cabinetry, newer appliances, matching kitchen and bathroom counters, window blinds, ceiling fans in most rooms, central heat and air, and low-flow toilets. The primary bathroom has an upgraded shower, while the second bathroom includes a tub and shower. An entertainment center remains in the living area.

Outdoor improvements include a new awning, a widened parking area, and a metal shop or storage building with a workbench. The north-facing front patio provides an additional sitting area. Across the street are the park pool and guest parking, along with the office, social hall, mailbox, and library.

Key Highlights

  • 1,440‑square‑foot residence in a 55‑and‑older age‑restricted park
  • Custom cabinets, newer appliances, matching counters, blinds, and ceiling fans
  • Upgraded primary bathroom with shower; second bath has tub and shower

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby

Demographics for 95973, CA

39,609
Population
15,836
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
300.1 sq mi
ZIP Area
132
Density / Sq Mi
$92,228
Median Household Income
$45,897
Median Earnings
$1,546
Median Rent
$484,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Bright residence in a 55-and-older park with upgraded baths, central HVAC, outdoor storage, and community amenities.
Where is this residential income property located?
The property is located at 88-701 E Lassen Ave Chico, CA.
What is the asking price?
The asking price for this property is $62,000.
What are key features of this property?
This property features: 1,440‑square‑foot residence in a 55‑and‑older age‑restricted park; Custom cabinets, newer appliances, matching counters, blinds, and ceiling fans; Upgraded primary bathroom with shower; second bath has tub and shower
More about this property
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