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811 W 2nd

Chico, CA 95926
  • $1,325,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: SN25278121
Price Reduced
UPDATED: 120 min ago
$1,325,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1984
County:

School Ratings & Info

Listing Agent(s): Rick Sufuentes of Parkway Real Estate Co. (530-592-3432)


Description

811 West 2nd Avenue is an eight-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University, the Safeway Shopping Center, and nearby restaurants. This prime location makes the property highly attractive to students, faculty, and commuters to campus, while still being only a few miles from downtown Chico.The complex consists of six two-story four-bedroom, two-bath units along with two studio units, providing a desirable unit mix and strong rental demand. The property offers off-street parking and is centrally located, allowing easy access to shopping, dining, public transportation, and major corridors throughout Chico.Several units have received recent updates, offering additional upside potential for future improvements and rent growth. This property presents a solid investment opportunity in a consistently strong rental market near the university.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171478481
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811 W 2nd Chico, CA 95926

  • Price: $1,325,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 120 min ago
  • ID#: SN25278121
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1984
Built
County:
Butte
Property Description
811 West 2nd Avenue is an eight-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University, the Safeway Shopping Center, and nearby restaurants. This prime location makes the property highly attractive to students, faculty, and commuters to campus, while still being only a few miles from downtown Chico.The complex consists of six two-story four-bedroom, two-bath units along with two studio units, providing a desirable unit mix and strong rental demand. The property offers off-street parking and is centrally located, allowing easy access to shopping, dining, public transportation, and major corridors throughout Chico.Several units have received recent updates, offering additional upside potential for future improvements and rent growth. This property presents a solid investment opportunity in a consistently strong rental market near the university.
Exterior Features

Entry Level 1 Entry Location Main Lot Features Back YardIrregular LotLevelPaved Number Of Separate Electric Meters 7 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Urban Contingency Buyer to participate with Sellers 1031 Exchange Electric Expense 2285 Fuel Expense 0 Garage YN No Gross Income 118275 Gross Scheduled Income 118275 Insurance Expense 3000 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 76561 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 41714 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2626 Water Sewer Expense 5373.6 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Rick Sufuentes of Parkway Real Estate Co. (530-592-3432)