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    Modern Apartment Complex Investment Opportunity
    Updated: Feb 6
    Modern Apartment Complex Investment Opportunity

    1991 Humboldt Rd, Chico, CA 95928

    $8,200,000
    30,884 sqft
    Near‑new (2023) construction eliminates deferred maintenance.
    Strong in‑place occupancy in Chico's fastest‑growing submarket.
    Fresh 27.5‑year depreciation schedule maximizes tax benefits.
    Turnkey apartment investment with immediate cash flow.
    Minimal repair and replacement reserves; years before major capex needs.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1991 Humboldt Rd, Chico, CA 95928

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $357K
      Annual

    • Mortgage

      $4.28M
      Jan 2024

    • Last Sold

      Jan 2024
      $8M

    • Property Type

      Apartment House
      Built 2023
    View Property Analytics
    Two-Story Apartment Complex
    Updated: Jun 30
    Two-Story Apartment Complex

    1120 Esplanade, Chico, CA 95926

    $2,760,000
    24‑unit, two‑story apartment complex
    Central courtyard with swimming pool
    Wrap‑around balconies and mature landscaping
    Centrally located in the Heart of Chico near Chico State University, Downtown, and Chico High School
    Close to public transportation with easy freeway access
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    Student Housing Near CSU Chico
    Student Housing Near CSU Chico

    721 W 11th St, Chico, CA 95928

    $16,750,000
    68,375 sqft

    44-unit student housing community near California State University, Chico.

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    Updated Condo in Richfield Gardens
    Updated Condo in Richfield Gardens

    1395 Nord Ave, Chico, CA 95926

    $215,000
    0.03 AC lot

    Stylish 2-bedroom condo with modern finishes and private patio.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Chico, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with On-Site Laundry
    Apartment Building with On-Site Laundry

    1150 Pine St, Oroville, CA 95965

    $1,995,000
    800 sqft

    16-unit apartment community offering renovated two-bedroom layouts with off-street parking and on-site laundry.

    View details
    Multifamily Residential Income Property
    Multifamily Residential Income Property

    2048 10th Street, Oroville, CA 95965

    $699,000
    2.01 AC lot

    Multifamily residential income property on a 2.01-acre lot in Oroville, California.

    View details
    Los Molinos Five-Plex Investment
    Los Molinos Five-Plex Investment

    8080 State Hwy 99E, Los Molinos, CA 96055

    $440,000
    3,500 sqft

    Renovated five-unit apartment building in Los Molinos.

    View details
    Renovated Five-Plex Investment Opportunity
    Renovated Five-Plex Investment Opportunity

    8080 State Highway 99E, Los Molinos, CA 96055

    $440,000

    Newly renovated five studio apartments, fully rented, prime location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Off-Market Properties in Chico, CA

    Consider similar Off-Market properties in Chico, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    833 1st Ave
    APARTMENT HOUSE (5+ UNITS)

    833 1st Ave, Chico, CA 95926-4427

    $1,490,000
    Estimated value
    8,934 sqft 0.42 AC lot
    View details
    604 Salem St
    APARTMENT HOUSE (5+ UNITS)

    604 Salem St, Chico, CA 95928-5557

    Value Estimation by Request
    2,326 sqft 0.22 AC lot
    View details
    2 Fremont St
    APARTMENT HOUSE (5+ UNITS)

    2 Fremont St, Chico, CA 95928-6821

    $5,645,000
    Estimated value
    34,430 sqft 1.56 AC lot
    View details
    1501 Cherry St
    APARTMENT HOUSE (5+ UNITS)

    1501 Cherry St, Chico, CA 95926-3771

    $5,470,000
    Estimated value
    47,344 sqft 2.66 AC lot
    View details
    2701 Sierra Sunrise Ter
    APARTMENT HOUSE (5+ UNITS)

    2701 Sierra Sunrise Ter, Chico, CA 95928-3904

    Value Estimation by Request
    11,460 sqft 3.68 AC lot
    View details
    946 Cherry St
    APARTMENT HOUSE (5+ UNITS)

    946 Cherry St, Chico, CA 95928-6072

    Value Estimation by Request
    4,000 sqft 0.34 AC lot
    View details
    1055 Lassen Ave
    APARTMENT HOUSE (5+ UNITS)

    1055 Lassen Ave, Chico, CA 95973-0885

    $9,490,000
    Estimated value
    58,270 sqft 3.35 AC lot
    View details
    890 9th St
    APARTMENT HOUSE (5+ UNITS)

    890 9th St, Chico, CA 95928-5867

    $1,850,000
    Estimated value
    11,862 sqft 0.38 AC lot
    View details
    931 Ee Ave
    APARTMENT HOUSE (5+ UNITS)

    931 Ee Ave, Chico, CA 95926

    $2,730,000
    Estimated value
    14,899 sqft 0.75 AC lot
    View details
    1721 Spruce Ave
    APARTMENT HOUSE (5+ UNITS)

    1721 Spruce Ave, Chico, CA 95926-3439

    $920,000
    Estimated value
    1,084 sqft 0.41 AC lot
    View details
    557 Nord Ave
    APARTMENT HOUSE (5+ UNITS)

    557 Nord Ave, Chico, CA 95926-4786

    $5,200,000
    Estimated value
    21,118 sqft 1.00 AC lot
    View details
    197 Cohasset Ln
    APARTMENT HOUSE (5+ UNITS)

    197 Cohasset Ln, Chico, CA 95926-2230

    $5,180,000
    Estimated value
    4,588 sqft 1.21 AC lot
    View details
    179 Cohasset Ln
    APARTMENT HOUSE (5+ UNITS)

    179 Cohasset Ln, Chico, CA 95926-2228

    $5,180,000
    Estimated value
    4,588 sqft 0.87 AC lot
    View details
    161 Cohasset Ln
    APARTMENT HOUSE (5+ UNITS)

    161 Cohasset Ln, Chico, CA 95926-2226

    $5,180,000
    Estimated value
    4,588 sqft 0.75 AC lot
    View details
    720 2nd Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    720 2nd Ave, Chico, CA 95926-8011

    Unit A
    $2,200,000
    Estimated value
    11,500 sqft 0.52 AC lot
    View details
    832 1st St
    APARTMENT HOUSE (5+ UNITS)

    832 1st St, Chico, CA 95928-5179

    $750,000
    Estimated value
    3,330 sqft 0.17 AC lot
    View details
    406 Nord Ave, Unit 14
    APARTMENT HOUSE (5+ UNITS)

    406 Nord Ave, Chico, CA 95926-4720

    Unit 14
    $4,700,000
    Estimated value
    25,628 sqft 1.15 AC lot
    View details
    1990 Belgium Ave
    APARTMENT HOUSE (5+ UNITS)

    1990 Belgium Ave, Chico, CA 95928-9531

    Value Estimation by Request
    51,805 sqft 2.50 AC lot
    View details
    1206 Palm Ave
    APARTMENT HOUSE (5+ UNITS)

    1206 Palm Ave, Chico, CA 95926

    $780,000
    Estimated value
    8,460 sqft 0.49 AC lot
    View details
    1431 Warner St
    APARTMENT HOUSE (5+ UNITS)

    1431 Warner St, Chico, CA 95926-3777

    $5,050,000
    Estimated value
    29,462 sqft 1.47 AC lot
    View details

    Chico, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Chico, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 99,259 square feet of properties for sale, with an estimated market value of $24,950,000.

    Sale prices for two-family homes in Chico, CA start at $8,200,000, averaging $12,475,000, and reaching up to $16,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 118K
    Population Growth (5Y) +5.0%
    Median Household Income $72,946
    College Educated 28.9%

    High-Yield Neighborhoods for Investment

    Identify Chico submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95928 $12.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $13.99 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Butte County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Chico fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Chico, CA

    • 95926
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