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.
Off market
Listing Provided by:
$1,712,000
1119 W Sacramento Ave, Chico, CA 95926
--beds
--baths
9,688sqft
Mixed Use
Built in 1983
-- sqft lot
$1,712,000 Zestimate®
$177/sqft
$1,274 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 05:51pm
Source: CRMLS,MLS#: SN25022136
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
Features
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Kitchen
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 9,688
- Total interior livable area: 9,688 sqft
Property
Parking
- Total spaces: 17
- Parking features: Asphalt, Driveway Level
- Uncovered spaces: 17
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Courtyard, Neighborhood
Lot
- Size: 0.50 Acres
- Features: 6-10 Units/Acre, Lawn, Level
Details
- Additional structures: Storage
- Parcel number: 043260040000
- Zoning: ASR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Suburban
Location
- Region: Chico
HOA & financial
Other financial information
- Total actual rent: 12325
Other
Other facts
- Listing terms: Private Financing Available,Submit
- Road surface type: Paved