W 5th Street
Chico, CA 95928
Acres (Lot)
--Colliers is pleased to present the sale offering of a 7-unit multifamily property located at 541 W 5th Street in Chico, California. The community is comprised of two buildings built in 1930 and sits on a 0.13-acre parcel in the heart of Downtown. 541 W 5th Street offers off-street parking and on-site laundry for its residents. A new owner will be able to further enhance the complex by implementing an interior renovation strategy and raising rents over time. Additionally, a new owner can capitalize from implementing a RUBS program to help cover a portion of any common area utility expenses typically paid by the landlord. The Ratio Utility Billing System (RUBS) has been increasingly common over the past several years and will help bolster investor returns.
Property Details
Map
Map
Features
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Water/Sewer
Sewer: See Remarks -
Flooring Information
Varies by Unit -
Interior Features
Laundry Features: Varies by Unit -
Heating & Cooling
Heating: Wall Furnace Cooling: Wall Unit(s) WaterSource: Meter on Site
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Building Information
Year Built: 1920 Stories: 2 Construction Materials: Redwood Siding Foundation Details: Concrete -
Exterior Features
Foundation Details: Concrete -
Laundry Features
Varies by Unit
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Lot Information
Lot Description: Other Lot Square Feet: 5,663 Stories: 2Property Information
Property Type: ResidentialIncome Sub Type: 5 or More Units Style: Victorian Construction Materials: Redwood Siding Property Age: 106 Cross Street: Hazel Street Source Neighborhood: 12548 Postal Code Plus 4: 5271 Area: Chico S: 95928 Zoning: N/A Structure Type: Garden ApartmentsFarm Info
Irrigation Source: Irrigation Available
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Listing Price Information
Listing Id: 225078824 List Price: $749,000
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Tax Information
Parcel Number: 004-213-002
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Parking Information
Varies by Unit
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Elementary School District: Chico UnifiedJunior High School District: Chico UnifiedSenior High School District: Chico Unified
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Utility Information
Sewer Connected, Natural Gas Connected, Other -
Location Information
Direction: Corner of Hazel Street and W 5th Street in Chico, CA.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Centerville, Chico, CA, 95928 | $699,000 | -- | -- | -- | Acres (Lot)-- |
| Autumn Lane, Chico, CA, 95928 | $1,350,000 | -- | -- | 1,626 | 466,092 Sqft(Lot) |
| Humboldt Avenue, Chico, CA, 95928 | $900,000 | -- | -- | 2,151 | 10,018.80 Sqft(Lot) |
| 13566 Helltown Parcel 2, Chico, CA, 95928 | $248,900 | -- | -- | -- | 435,600 Sqft(Lot) |
| 13566 Helltown Parcel 1, Chico, CA, 95928 | $248,900 | -- | -- | -- | 435,600 Sqft(Lot) |
| Sky Court, Chico, CA, 95928 | $72,000 | -- | -- | -- | 261,360 Sqft(Lot) |
| 12738 Centerville Road, Chico, CA, 95928 | $149,000 | -- | -- | -- | 55,757 Sqft(Lot) |
| 2470 Honey Run Road, Chico, CA, 95928 | $167,990 | -- | -- | -- | 219,107 Sqft(Lot) |
| Centerville Road, Chico, CA, 95928 | $430,000 | -- | -- | -- | 550,598.40 Sqft(Lot) |
| 2321 Honey Run Road, Chico, CA, 95928 | $295,000 | -- | -- | -- | 418,176 Sqft(Lot) |
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ByOwner last updated this listing 06/06/2026 @ 04:05
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