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Listed by Rick Sufuentes • Parkway Real Estate Co.
$ 1,375,000
Est. payment | /mo
9,125 SqFt
$ 1,375,000
Est. payment | /mo
9,125 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,125 sqft
Price per Sqft $150
MLS Listing ID CRSN25278121
HOA Y/N No
Year Built 1984
Lot Size 0.510 Acres
Property Sub-Type Other
Source Datashare California Regional
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.
Location
State CA
County Butte
Interior
Heating Other
Fireplace No
Laundry No Hookups
Building
Lot Description Irregular Lot, Level, Back Yard, Paved
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Melanie Peterson-Katz
Partner | Lic# 00890767