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8-Unit Apartment Building
For Sale
$1,100,000

180 E 1st Avenue, Chico, CA 95926

On-site parking and indoor laundry complement a central Chico location near downtown, schools, and public transportation.

Property SizeContact for details
Days on Market60

Property Features for 180 E 1st Avenue

General Information

Standard status Active
Property subtype Apartment

Amenities

Central

Building Details

Year Built 1967
Stories 2
Listing Agency: Commercial Brokers of California
Listed By: Shawn Smith · License #01821530
Source: Kw
Added: Jul 3 Changed: Aug 31 Last Checked: Aug 31 at 1:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Brokers of California

Investment Insights

Based on property information with market context.

This 8-unit apartment property was built in 1967 and includes dedicated on-site parking and indoor laundry facilities. The apartments are located in Chico, with the property positioned within walking distance of Downtown, Chico State University, and Chico High School.

Public transportation is available nearby, and the property offers convenient freeway access. Its unit count, resident-oriented amenities, and proximity to established civic and educational destinations define the asset’s practical operating profile.

Key Highlights

  • 8‑unit apartment property built in 1967
  • Dedicated on‑site parking
  • Indoor laundry facilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service HVAC Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,836
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - On-site parking and indoor laundry complement a central Chico location near downtown, schools, and public transportation.
Where is this apartment building located?
The property is located at 180 E 1st Avenue Chico, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8‑unit apartment property built in 1967; Dedicated on‑site parking; Indoor laundry facilities
More about this property
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