931 W East Avenue, Chico, CA 95926
Local realty services provided by:ERA North Orange County Real Estate
931 W East Avenue,Chico, CA 95926
$2,875,000
- 24 Beds
- 20 Baths
- 14,899 sq. ft.
- Multi-family
- Active
Listed by: nabil awada
Office: matthews real estate investment services
MLS#:26668345
Source:CRMLS
Price summary
- Price:$2,875,000
- Price per sq. ft.:$192.97
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).The current and previous ownership have invested hundreds of thousands of dollars in interior and exterior upgrades over the past 20 years, resulting in a true "pride of ownership" asset. This high level of maintenance offers a new investor the immediate opportunity to bring rents to market rates without the need for a substantial capital infusion. 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 is famously home to California State University, Chico, which infuses the area with youthful energy and academic vigor.Outdoor enthusiasts are drawn to Bidwell Park, one of the largest municipal parks in the United States, featuring over 3,600 acres of trails, creeks, and swimming holes. The historic downtown area further enhances the local lifestyle with an eclectic mix of boutiques, eateries, and cultural landmarks. With average single-family home prices exceeding $500,000, Compass Point provides an essential high-quality housing alternative in a high-barrier-to-entry market....
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Home facts
- Year built:1980
- Listing ID #:26668345
- Added:9 day(s) ago
- Updated:March 28, 2026 at 01:23 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:$2,875,000
- Price per sq. ft.:$192.97
Features and amenities
- Appliances:Refrigerator
Parking
- Total parking spaces:30
- Parking description:Assigned, Off Site
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