931 W East Avenue, Chico, CA 95926

Chico
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
931 W East Avenue,Chico, CA 95926
$2,599,000
  • 24 Beds
  • 20 Baths
  • 14,899 sq. ft.
  • Multi-family
  • Active
Listed by: nabil awada
Office: matthews real estate investment services866-889-0550
MLS#:26668345
Source:CRMLS

Price summary

  • Price:$2,599,000
  • Price per sq. ft.:$174.44

About this home

We are pleased to present the Compass Point Apartments. This is a stabilized 20-unit multifamily community located in the charming town of Chico, CA. Built in 1980, this low-density, colonial-style community offers a "homey" atmosphere that appeals to a consistent tenant base. The property features a well-maintained unit mix consisting of sixteen 1-bedroom/1-bathroom units (725 SF) and four 2-bedroom/1-bathroom units (825 SF). Extensively renovated and meticulously maintained, this asset reflects a comprehensive overhaul of both the building's systems and aesthetics. With the heavy capital expenditures already behind it, the property offers a turnkey opportunity to push rents to market rates without the need for additional Day 1 investment. 17% rental upside on current rents. One (1) 2-bedroom unit will be delivered vacant. Nestled in the northern Sacramento Valley, Chico is the largest city in Butte County and serves as a vibrant hub for education, recreation, and culture. The city...

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Home facts

  • Year built:1980
  • Listing ID #:26668345
  • Added:235 day(s) ago
  • Updated:November 14, 2026 at 12:32 PM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:20
  • Kitchen Description:Refrigerator
  • Living area:14,899 sq. ft.

Structure and exterior

  • Year built:1980
  • Building area:14,899 sq. ft.
  • Lot area:0.75 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,599,000
  • Price per sq. ft.:$174.44

Parking

  • Total parking spaces:30
  • Parking description:Assigned
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