931 W. East Avenue
Chico, CA, 95926
$2,695,000
Beds
0 Baths
SqFt
0.75 Acres
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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.

Property Details

Price:
$2,695,000
MLS #:
SN24132093
Status:
Pending
Baths:
0
Address:
931 W. East Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
City:
Chico
Listed Date:
Jun 26, 2024
State:
CA
ZIP:
95926
Lot Size:
32,670 sqft / 0.75 acres (approx)
Year Built:
1980
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Community Features
Suburban
Garage Spaces
0.00
Lot Features
21-25 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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