Price$319,000
Units1
Gross scheduled income$0
Seller NOI$0
Listed cap rate—
Days on market62
Photos
Listing remarks
Classic Chico Charm Meets Unbeatable Investment Potential!
Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand.
Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings.
With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate.
Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos).
Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 3 | 1 | $0 | $0 |
Property facts
Year built1925
Parcel004115006000
Lot4,356 SF
Building/Living area774 SF
HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$369,000
Listing date2026-02-17
Buildings1
Rent controlNo
Electric meters1
Gas meters1
Water meters1
Parking1
LaundryOutside
AppliancesGas Oven, Gas Range, Dryer, Washer
Lot featuresBack Yard
CommunityBiking, Curbs, Gutters, Sidewalks, Urban
PoolNone
Senior communityNo
Last MLS update2026-05-06T17:28:36.600-00:00
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MLS attribution: Listing provided by Ryno Company, Michael Lee. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26048853. Information is deemed reliable but not guaranteed and may change without notice.
