Two units on one property! This Chico gem features a 3 bedroom, 1 bathroom main house (1,301 sq. ft.) plus a beautifully remodeled 450 sq. ft. studio unit-perfect for multi-family living, rental income, or guest accommodations. Inside the main home, you'll be welcomed by a bright living room with white-painted exposed beam ceilings that add charm and character, paired with a cozy wood-burning fireplace for a warm and inviting atmosphere. The open layout flows into the dining space and kitchen, where you'll find abundant cabinet storage and a large window over the sink. The primary bedroom includes a spacious walk-in closet, while the bathroom offers a unique clawfoot tub. Two additional bedrooms provide space for family, guests, or a home office. Modern upgrades include new luxury vinyl flooring, a newer roof, and a newer A/C unit, making this home move-in ready with room to add personal touches. The private studio, remodeled in 2021, includes a full bathroom, range, refrigerator, stackable washer and dryer, newer flooring, fresh interior paint, a mini split system for heating and cooling, and its own fenced yard with separate entrance. The property sits on a spacious lot with a true park-like setting. Outdoors you'll find multiple sitting areas, raised garden beds, mature trees (including olives), a firepit, and string lighting for evening ambiance. A shed offers additional storage, while the shaded patio and large lawn provide plenty of space to relax or entertain. Located just minutes from shopping, Chico State, and great restaurants, this property blends comfort, charm, and flexibility-whether you're looking for a family home with guest space, or a smart investment opportunity.