Price$1,100,000
Units8
Gross scheduled income$104,640
Seller NOI$57,560
Listed cap rate—
Days on market1
Photos
Listing remarks
Great Investment Opportunity! Well maintained 8 plex situated in the heart of Chico, and within walking distance to Downtown, Chico State University, and Chico High School. With strong rental history, dedicated on site parking, indoor laundry, the Subject Property is also conveniently located near public transportation, with easy freeway access.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $760 | $760 |
| 2 | 6 | 2 | 1 | $900 | $1,200 |
| 3 | 1 | 3 | 1 | $1,250 | $1,250 |
Property facts
Year built1967
Parcel003101013000
Lot10,890 SF
Building/Living area6,198 SF
HeatingCentral
Cooling—
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$1,100,000
Listing date2026-06-30
Buildings1
Operating expenses$41,848
Insurance$5,429
Water/sewer$1,049
Trash$2,468
Vacancy allowance5.00%
Rent controlYes
Electric meters7
Gas meters7
Water meters8
Parking11
LaundryCommon Area, Inside
Lot featuresStreet Level
CommunityCurbs, Gutters, Sidewalks
PoolNone
Senior communityNo
Last MLS update2026-07-01T20:18:26.377-00:00
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MLS attribution: Listing provided by Commercial Brokers of California, Shawn Smith. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26142468. Information is deemed reliable but not guaranteed and may change without notice.