TWO HOMES ON ONE LOT!! Perfect for Buyers and Investors alike, this unique property offers two residences, each with their own spacious backyards, and separate gas and electric meters, and provides endless opportunities for living and rental income. Located on one of the most coveted streets in Chico at 760 Vallombrosa Ave, this prime location is just a stone's throw away from the beautiful Lower Bidwell Park entrance and 1 Mile Recreation Pool. The beautifully landscaped front yard welcomes you to the main home which is approximately 1,415 sq. ft. of living space with 2 bedrooms and 1 bathroom. The private and large front porch exudes charm and continues throughout the home. The bright and airy living room boasts stunning original hardwood flooring that flows throughout the main living spaces. The main built-in bookshelves that encase a cozy wood-burning stove are the focal point of the living space offering a wonderful place to greet guests or relax and unwind after a long day. The functional kitchen with matching appliances, seamlessly flows into the dining room - ideal for entertaining. Just around the corner, you'll discover the utility room with laundry hook-ups, the entrance to the basement perfect for additional storage, and access to the fully fenced private backyard. The detached ADU is perfect as an in-law unit or a rental income generator! The ADU is approximately 330 sq. ft. with 1 bedroom, 1 bathroom and has a private entrance and a large fully fenced backyard. This backyard is a blank slate allowing you to put your personal stamp on this space! But that's not all.. this home is just a few minutes from Historic Downtown Chico, shopping, restaurants, and all the outdoor activities Lower Bidwell Park has to offer, including swimming, biking, and walking trails. Also, just a short drive to the Upper Bidwell Park entrance and Parks. You're truly just minutes for all the best Chico has to offer! Don't miss out on this rare opportunity to own a versatile property in a highly desirable location. Whether you're looking to generate rental income or accommodate extended family, this property has it all! Call your favorite Realtor and schedule an appointment to discover the endless possibilities 760 Vallombrosa Avenue has to offer!