Historic 5-Unit Apartment
For Sale
Contact for pricing
Pending
202 W 2nd Avenue, Chico, CA 95926
Built in 1895, this 5-unit apartment community offers one-, two-, and three-bedroom layouts.
Property SizeContact for details
Days on Market106
Property Features for 202 W 2nd Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Year Built
1895
Tenancy
Multi
Listing Agency:
North Valley Real Estate Advisors
(415) 987-7544
Listed By:
Marc Guillon · License #CA 01839798
Source:
Crexi
Added: Apr 24
Changed: Jul 23
Last Checked: Aug 6 at 1:57PM
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 North Valley Real Estate Advisors
Investment Insights
Based on property information with market context.
202 W. 2nd Avenue is a historic 5-unit apartment community built in 1895. The unit mix includes three one-bedroom/one-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit, supporting a range of household sizes. The property also includes interior and common area upgrades, reflecting opportunities to enhance the asset over time.
Located in Chico, California in the Avenues neighborhood, the community is positioned near major demand drivers including Enloe Medical Center and Chico State University. This area positioning supports convenient access to employment, higher education, and nearby retail, dining, and entertainment.
With established in-place income and below-market rents, the property is presented as a value-add opportunity for investors seeking to align rents and finishes with the asset’s existing unit layouts and historic character.
Located in Chico, California in the Avenues neighborhood, the community is positioned near major demand drivers including Enloe Medical Center and Chico State University. This area positioning supports convenient access to employment, higher education, and nearby retail, dining, and entertainment.
With established in-place income and below-market rents, the property is presented as a value-add opportunity for investors seeking to align rents and finishes with the asset’s existing unit layouts and historic character.
Key Highlights
- Built in 1895, this 5‑unit apartment community offers one-, two-, and three‑bedroom layouts
- Unit mix includes three 1 bed / 1 bath units, one 2 bed / 1 bath unit, and one 3 bed / 2 bath unit
- Located in Chico, California in the neighborhood known as The Avenues
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,076
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1895, this 5-unit apartment community offers one-, two-, and three-bedroom layouts.
Where is this apartment building located?
The property is located at 202 W 2nd Avenue Chico, CA.
What are key features of this property?
This property features: Built in 1895, this 5‑unit apartment community offers one-, two-, and three‑bedroom layouts; Unit mix includes three 1 bed / 1 bath units, one 2 bed / 1 bath unit, and one 3 bed / 2 bath unit; Located in Chico, California in the neighborhood known as The Avenues
