CRMLS SN26142862

193 E 1st Avenue, Chico CA 95926

Residential Income · Apartment · Active

$800,000
Price$800,000
Units6
Gross scheduled income$76,583
Seller NOI$38,923
Listed cap rate
Days on market0

Photos

193 E 1st Avenue, Chico CA 95926
193 E 1st Avenue, Chico CA 95926193 E 1st Avenue, Chico CA 95926193 E 1st Avenue, Chico CA 95926193 E 1st Avenue, Chico CA 95926

Listing remarks

Centrally located, close to downtown and Chico State University, this well maintained 6 plex with off street parking and onsite laundry, makes an ideal investment opportunity, with solid rental history, stabilized rents, and low maintenance grounds.

Unit mix

UnitCountBedsBathsActual rentPro forma
1621$950$1,100

Property facts

Year built1968
Parcel003104005000
Lot6,534 SF
Building/Living area5,244 SF
HeatingWall Furnace
CoolingWall Window Units
WaterPublic
SewerPublic Sewer

Additional MLS fields

Original list price$800,000
Listing date2026-07-01
Buildings1
Operating expenses$33,831
Insurance$3,863
Water/sewer$1,570
Trash$2,467
Vacancy allowance5.00%
Rent controlYes
Electric meters7
Gas meters7
Water meters1
Parking6
LaundryCommon Area, Outside
Lot featuresSix To Ten Units Acre, Level
CommunityCurbs, Sidewalks
PoolNone
Senior communityNo
Last MLS update2026-07-01T17:58:35.037-00:00

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MLS attribution: Listing provided by Commercial Brokers of California, Shawn Smith. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26142862. Information is deemed reliable but not guaranteed and may change without notice.