Pending

931 W. East Avenue

Chico CA, 95926

$2,695,000


$180.87 per sqft

Pending

14,900 sqft

Multi-family

Built in 1980

Listed by Spencer Moyer with Alive Commercial Real Estate 8589224181

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.

SN24132093

MLS ID

June 27, 2024

Listed

November 25, 2024

Updated

Map

931 W. East Avenue
Chico CA, 95926

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.75 Acres


Lot Features

21-25 Units/Acre


Sewer

Public Sewer

Other Property Details

Days on Market

74


Garage

No


Parking Total

0


View

No


County

Butte


Water Source

Public


Pool

No


Pool Features

None


Zoning

R4

Listing History

Date

Event

Price

9/11/2024

Pending

7/29/2024

Price change

$2,695,000

-4%

Listing Contact: 916-314-7005 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/25/2024 at 7:29 PM UTC

 

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