Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
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$ 2,695,000
Est. payment | /mo

14,900 SqFt


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$ 2,695,000
Est. payment | /mo
Save

14,900 SqFt

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 14,900 sqft

Price per Sqft $180

MLS Listing ID SN24132093

HOA Y/N No

Year Built 1980

Lot Size 0.750 Acres

Acres 0.75

Property Description

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.

Location

State CA

County Butte

Zoning R4

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description 21-25 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 042070165000

Acceptable Financing Owner Will Carry

Listing Terms Owner Will Carry

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Spencer Moyer • Alive Commercial Real Estate • 8589224181
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931 W. East AVE