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931 W East Avenue

Chico, CA 95926
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Bed 24

Bed

Bath 0

Bath

SqFt14,899

Sqft

SqFt32,670

Sqft(Lot)

We are pleased to present the Compass Point Apartments. This is a stabilized 20-unit multifamily community located in the charming town of Chico, CA. Built in 1980, this low-density, colonial-style community offers a "homey" atmosphere that appeals to a consistent tenant base. The property features a well-maintained unit mix consisting of sixteen 1-bedroom/1-bathroom units (725 SF) and four 2-bedroom/1-bathroom units (825 SF). Extensively renovated and meticulously maintained, this asset reflects a comprehensive overhaul of both the building's systems and aesthetics. With the heavy capital expenditures already behind it, the property offers a turnkey opportunity to push rents to market rates without the need for additional Day 1 investment. Nestled in the northern Sacramento Valley, Chico is the largest city in Butte County and serves as a vibrant hub for education, recreation, and culture. The city is famously home to California State University, Chico, which infuses the area with youthful energy and academic vigor. Outdoor enthusiasts are drawn to Bidwell Park, one of the largest municipal parks in the United States, featuring over 3,600 acres of trails, creeks, and swimming holes. The historic downtown area further enhances the local lifestyle with an eclectic mix of boutiques, eateries, and cultural landmarks. With average single-family home prices exceeding $500,000, Compass Point provides an essential high-quality housing alternative in a high-barrier-to-entry market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,795,000

AD Id : 76343531

MLS Id : 26668345

Beds : 24

Lot Size : 32,670 Sqft

Living Area Size : 14,899

Year Built : 1980

County : Butte

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Feature Features

  • Bedroom Information

    Total Bedrooms: 24

    Bathroom Information

    Total Baths: 20 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator

  • Building Information

    Year Built: 1980 Building Area Total: 14,899

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.75
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 32670

  • Listing Price Information

    Original List Price: 2,795,000 Listing Contract Date: 2026-03-23
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 042070165000

  • Garage and Parking

    Garage Description: Assigned,Off Site

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Postal Code Plus 4: 1308 Directions: North on Nord, Right on W. East Ave. Zoning: R4 Source Property Type: Residential Income
  • Building and Construction

    Property Age: 46 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 14899 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E 1st Avenue, Chico, CA, 95926 $380,000 3 1 940 940 SqFt
Ceres Manor Court, Chico, CA, 95926 $530,000 4 2 2,020 2,020 SqFt
Windsor Way, Chico, CA, 95926 $435,000 3 2 1,124 1,124 SqFt
Glenwood Avenue, Chico, CA, 95926 $775,000 4 3 3,021 3,021 SqFt
2 Summerwood Court, Chico, CA, 95926 $490,000 3 2 1,853 1,853 SqFt
1675 Manzanita Avenue #93, Chico, CA, 95926 $82,500 2 2 1,536 1,536 SqFt
1675 Manzanita #117, Chico, CA, 95926 $75,000 2 1 1,152 1,152 SqFt
1675 Manzanita Avenue #.., Chico, CA, 95926 $48,500 2 1 850 850 SqFt
1675 Manzanita Avenue #.., Chico, CA, 95926 $41,500 1 1 624 624 SqFt
480 Redwood Way, Chico, CA, 95926 $490,000 3 2 1,559 1,559 SqFt

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ByOwner last updated this listing 06/12/2026 @ 02:56

MLS: 26668345 LISTED BY: Nabil Awada, Matthews Real Estate Investment Services 866-889-0550 SOURCE: CRMLS

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