17-Unit Apartment
For Sale
$2,100,000
1121-1129 Magnolia Avenue, Chico, CA 95926
Chico, CA
Property SizeContact for details
Lot Size0.55 Acres
Days on Market16
Property Features for 1121-1129 Magnolia Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Laundry Room
Lot features
Pasture, Near Public Transit
Directions
From Hwy 99, take the exit for East 1st Avenue. Head east on 1st Avenue, then turn right onto Magnolia Avenue.
Standard status
Active
APN
003092008000
Lot size
0.55 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1908
Floors in Building
2
Number of units
17
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Brent Silberbauer · License #02019819
(530) 864-2404
Added: Aug 6
Changed: Aug 20
Last Checked: Aug 21 at 8:06PM
MLS# SN26175730
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 17-unit apartment property comprises two character buildings on a 0.55-acre parcel. The unit mix includes five studios, eleven one-bedroom apartments, and one two-bedroom apartment. The buildings date to 1908 and 1945, with the earlier structure arranged over two stories. A graded rear yard extends behind the improvements beside an existing off-street parking area, providing substantial open site area. On-site laundry is also included.
The property is located at 1121-1129 Magnolia Avenue in Chico, within walking distance of Chico State, Enloe Medical Center, Chico High School, and downtown dining. Public water and public sewer serve the property, while central heating and central air provide building-wide mechanical systems.
The property is located at 1121-1129 Magnolia Avenue in Chico, within walking distance of Chico State, Enloe Medical Center, Chico High School, and downtown dining. Public water and public sewer serve the property, while central heating and central air provide building-wide mechanical systems.
Key Highlights
- 17‑unit apartment property on 0.55 acres
- Unit mix includes five studios, eleven one‑bedrooms, and one two‑bedroom
- Two buildings constructed in 1908 and 1945
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
1,651
Businesses Nearby
Explore this area
Business Placement
Demographics for 95926, CA
41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two character buildings offer a varied unit mix, central systems, and a substantial rear yard with existing off-street parking.
Where is this apartment building located?
The property is located at 1121-1129 Magnolia Avenue Chico, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 17‑unit apartment property on 0.55 acres; Unit mix includes five studios, eleven one‑bedrooms, and one two‑bedroom; Two buildings constructed in 1908 and 1945
