1991 Humboldt Road
Chico, CA 95928
0
Bed
0
Bath
30,884Sqft
60,984Sqft(Lot)
MAJOR PRICE ADJUSTMENT OF OVER $500,000 TO ENHANCE BUYER ROI. Now priced well below replacement cost. Turn-key complex with stabilized occupancy and immediate cash flow with maximum tax benefits. Great opportunity to own a recently constructed apartment complex in southeast Chico. The complex is gated and has a pool and clubhouse. It is conveniently located near transportation arteries and the bike path along Little Chico Creek. The rear of one building and the patios and balconies look over the creek. The complex also has owned solar. The unit sizes are large: 1/1 units @t 816 to 850 SF; 2/2.5 units @ 1,050 SF; and 3/2.5 @ 1,451 SF. This investment grade property would work well for and 1031 exchange investor or one wanting to build wealth through apartment ownership. Pro forma in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Property Appliances: Dryer,Washer -
Heating Source
Solar Has Heating
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Building Information
Year Built: 2023 Building Area Total: 30,884 -
Pool Features
Community,Fenced,In GroundLaundry Features
Laundry Closet
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.4 -
Lot Size Source: Plans Lot Size Square Feet: 60984
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Listing Price Information
Original List Price: 8,200,000 Listing Contract Date: 2026-02-06 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 002110034000
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Garage and Parking
Garage Description: Assigned,Asphalt,Controlled EntranceHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: Directions: Take Forest Avenue To Humboldt and turn west, complex is on the south side of the street. Source Property Type: Residential Income Property SubType: Apartment -
Building and Construction
Property Age: 3 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Street Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Rochester Drive, Chico, CA, 95928 | $499,000 | 4 | 2 | 1,842 | 1,842 SqFt |
| Banner Peak Drive, Chico, CA, 95928 | $519,900 | 3 | 2 | 1,784 | 1,784 SqFt |
| Altatina Drive, Chico, CA, 95928 | $475,000 | 2 | 2 | 1,658 | 1,658 SqFt |
| Altatina Drive, Chico, CA, 95928 | $510,000 | 2 | 2 | 1,658 | 1,658 SqFt |
| E 20th, Chico, CA, 95928 | $338,501 | 3 | 2 | 1,013 | 1,013 SqFt |
| Altatina Drive, Chico, CA, 95928 | $875,000 | 2 | 2 | 1,658 | 1,658 SqFt |
| W 3rd Street, Chico, CA, 95928 | $269,000 | 2 | 1 | 894 | 894 SqFt |
| 13833 Centerville, Chico, CA, 95928 | $547,500 | 2 | 2 | 1,512 | 1,512 SqFt |
| 13411 Bean Flat, Chico, CA, 95928 | $550,000 | 3 | 1 | 1,238 | 1,238 SqFt |
| 5056 Hooper Lane, Chico, CA, 95928 | $669,000 | 5 | 3 | 3,447 | 3,447 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 08:31
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