Back

1 of 27

2 of 27

3 of 27

4 of 27

5 of 27

6 of 27

7 of 27

8 of 27

9 of 27

10 of 27

11 of 27

12 of 27

13 of 27

14 of 27

15 of 27

16 of 27

17 of 27

18 of 27

19 of 27

20 of 27

21 of 27

22 of 27

23 of 27

24 of 27

25 of 27

26 of 27

27 of 27

642 W 1st Ave
Chico, CA 95926

$1,595,000 USD

Apartments For Sale • 15,616 SF

Property Details

Property Type Apartments
Total Building Size 11,200 SF
Lot Size 0.45 AC
Building Class C
Year Built 1984
Cap Rate 6.14 %
Zoning CITY

0 Transit Score

63 Walk Score

                
                    Highlights
                
                                TWO BLOCKS FROM CALIFORNIA STATE UNIVERSITY, CHICO
                            
                                PROVEN VALUE-ADD POTENTIAL
                            
                                LOW MAINTENANCE EXTERIOR
                            
                                100% OCCUPIED
                            
                                SEPARATELY METERED FOR ELECTRICITY, GAS, AND WATER
                            
                                TOWNHOUSE STYLE BUILD WITH REAR PATIOS

Financial Summary (Proforma)

Net Operating Income: $97,919 USD (2025)

Cap Rate:	6.14 %
Total Expenses:	$64,981 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes

Brandon Harris 530-828-9289 Harris Commercial Real Estate Services

642 W 1st Ave Chico, CA 95926