Compass Point Apartments is a well-maintained 20-unit multifamily property located in the charming town of Chico, CA. This complex comprises sixteen one-bedroom, one-bathroom units, and four two-bedroom, one-bathroom units, with spacious layouts of 725 and 825 square feet, respectively. Tenants at Compass Point enjoy a "homey" atmosphere within this low-density, colonial-style community. The current owner has invested hundreds of thousands of dollars over the past 20 years, resulting in a 'pride of ownership' property with many interior/exterior upgrades throughout. This offers the next investor the opportunity to bring rents to market rates and achieve a healthy return.
Sold for $2,575,000 on 02/04/25
Listing Provided by:
Spencer Moyer DRE #01940191 8589224181,
Alive Commercial Real Estate
$2,575,000
931 East Ave, Chico, CA 95926
--beds
--baths
14,900sqft
Mixed Use
Built in 1980
-- sqft lot
$2,596,500 Zestimate®
$173/sqft
$1,429 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 06, 2025 at 09:45am
Listing Provided by:
Spencer Moyer DRE #01940191 8589224181,
Alive Commercial Real Estate
Bought with:
Nabil Awada, DRE #02046840
Matthews Real Estate Investment Services
Source: CRMLS,MLS#: SN24132093
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 14,900
- Total interior livable area: 14,900 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
Lot
- Size: 0.75 Acres
- Features: 21-25 Units/Acre
Details
- Parcel number: 042070165000
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Chico
Other
Other facts
- Listing terms: Owner Will Carry