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Chico,CA 95926
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25093160
HOA Y/N No
Year Built 1985
Lot Size 10,018 Sqft
Property Sub-Type Mixed Use
Property Description
Located just steps from CSU Chico and across from the athletic fields, 728 W Sacramento Avenue is a well-maintained, five-unit multifamily property offering excellent rental appeal and strong cash flow. Each unit features 3–4 bedrooms, modern finishes, in-unit laundry, and energy-efficient upgrades — perfect for students or young professionals.
Amenities include on-site parking, bike racks, and a shared backyard with BBQ area. With a strong rental history, consistent occupancy, and unbeatable proximity to downtown, parks, and transit, this turnkey property is a smart addition to any investor's portfolio.
• Total Units: 5
• Unit Configurations: 3 to 4 bedrooms, 2 bathrooms
• Total Bedrooms/Bathrooms: 19 beds, 10 baths
• Total Living Area: ~5,828 sq ft
• Unit Sizes: Ranging from 1,000 to 1,214 sq ft ?
• Granite countertops and dual-pane windows
• n-unit washers and dryers
• On-site parking and bike racks
• Common backyard with barbecue area
• Cable-ready units
• Fully leased through June 2026
• Current rental rates range from $1,695 to $1,795 per month per unit
• Gross monthly rental income: $8,575
• Rents will increase by $200/mo (approx) total on lease renewal
• Proximity to CSUC makes it highly attractive to students
• Modern amenities reduce maintenance costs and enhance tenant satisfaction
• Strong rental demand in the area supports consistent occupancy rates
Location
State CA
County Butte
Zoning CITY
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Range,Refrigerator,Dryer,Washer
Exterior
Pool None
Community Features Biking,Street Lights,Sidewalks,Urban
Utilities Available See Remarks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 043180043000
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard