642 W 1st Avenue, Chico, CA 95926

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
642 W 1st Avenue,Chico, CA 95926
$1,525,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brandon harris
Office: harris commercial real estate530-419-1600
MLS#:SN25136861
Source:CRMLS

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Price summary

  • Price:$1,525,000

About this home

College Place | 642 W. 1st Avenue | Prime Chico Multi-Family Investment Opportunity Harris Commercial is pleased to present College Place, an exceptional 8-unit multi-family investment opportunity located at 642 W. 1st Avenue in Chico, California. Ideally situated within walking distance to both California State University, Chico and downtown Chico, this property offers strong existing income, long-term upside, and an unbeatable location. College Place consists of two buildings, each with four large, townhouse-style apartments, all fully leased and 100% occupied. Each 4-bedroom, 2-bath unit is thoughtfully laid out with a downstairs bedroom, bathroom, kitchen, and living area, and three bedrooms and a second bathroom upstairs—a layout perfectly suited for student and group living. One of the units has been completely remodeled, commanding rents approximately 8% higher than the others, providing a clear value-add opportunity for future ownership. Additional highlights...

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Home facts

  • Year built:1984
  • Listing ID #:SN25136861
  • Added:335 day(s) ago
  • Updated:June 09, 2026 at 06:30 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1984
  • Lot Features:Back Yard, Level with Street, Near Public Transit, No Landscaping, Rectangular Lot, Street Level, Yard
  • Construction Materials:Plaster, Stucco, Vinyl Siding
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,525,000

Features and amenities

  • Laundry features:Inside

Parking

  • Parking description:Concrete
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