This is a fantastic opportunity to own seven units that are each 1384 square foot, 4 bedroom 2 bath and fully rented in a great location, close to Chico State University and just a few short steps away from grocery stores, restaurants, bus lines and other conveniences. Each unit has it's own HVAC system, water heater, dual pane windows and a fully equipped kitchen with stove, refrigerator, dishwasher and garbage disposal and a built-in microwave in some of the units. There is the added bonus of a private laundry room in each unit with. There are three units in one building and two in each of the other buildings surrounding a central common courtyard and two lovely grassy areas with open BBQ's and plenty of outdoor seating. In 2018 each building's exterior was re-painted and new roofs installed (one building was re-roofed in 2017.) The interior of three of the units have been recently improved with light and bright finishes and laminate flooring. A fourth building on the property has a bathroom and was used as an office building in the past. It is currently being used for storage but you can explore other options as the new owner. Traditionally, vacancy rates have been incredibly low for this property due to it's amazing location.
MLS #
CRSN25022136
MLS Source
California Regional MLS
Appliances
Garbage Disposal, Microwave, Oven Range, Dryer, Washer
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Composition
Style
Traditional
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 7 | – |
1119 W Sacramento Ave is a Residential Income in Chico, CA 95926. This – square foot property sits on a 21,780 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,750,000 and was built in 1983.
This address can also be written as 1119 W Sacramento Ave, Chico, CA 95926.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of February 26, 2025. For the most current information, please contact Laura Willman, (530) 899-5969