1122 W Sacramento Avenue Chico, CA 95926

$839,000 Active
  • 2b1b unit 1 2b1b unit 1
  • 2b1b unit 1
  • 2b1b unit 2
  • Studio unit 3
  • Studio unit 4

About the Property

Turnkey 4-Unit Investment Near CSU Chico Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units. An on-site billboard provides additional passive income, enhancing overall returns. With its central location near shopping, dining, and campus, the property benefits from consistent rental demand. Highlights: 4 units: 2 x 2BD/1BA + 2 studios Built/remodeled in 2022 Billboard income Prime Chico location with strong cash flow potential A clean, low-maintenance investment in a high-demand area.

Property Information

Size 2,598 SqFt
Price/SqFt $323
Lot Size 0.21 Acres
Year Built 2022
Property Type Residential Income
Listing Number SN26075294
Listed 4/8/2026
Modified 4/15/2026
Listing Agent Eric Stofa
Listing Office Parkway Real Estate Co.
Total Building 3
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Units Leased
  • 4
# Water Meters
  • 1
Cooling
  • Ductless
Electric
  • Standard
Fencing
  • Wood
Flooring
  • Vinyl
Garage Spaces
  • 0.00
Gross Income
  • 69684.00
Gross Operating Income
  • 68291.00
Gross Scheduled Income
  • 69684.00
Heating
  • Ductless
Levels
  • One
Net Operating Income
  • 54182.00
Operating Expense
  • 14109.00
Parking Total
  • 7.00
Pool
  • None
Price Pe rUnit
  • 209750
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 5797.00
Total Expenses
  • 14109.00
Uncovered Spaces
  • 7.00
Views
  • Neighborhood
Water Source
  • Public
Exterior
  • Rain Gutters
  • Lighting
Style
  • Modern
  • Contemporary
Tenant Pays
  • Gas
  • Electricity
Construction Materials
  • Wood Siding
  • Stucco
  • Drywall Walls
Community Features
  • Gutters
  • Curbs
  • Street Lights
  • Urban
  • Sidewalks
Interior
  • Quartz Counters
  • High Ceilings
  • Ceiling Fan(s)
  • Recessed Lighting
  • Open Floorplan
Utilities
  • Natural Gas Connected
  • Sewer Connected
  • Cable Connected
  • Electricity Connected
  • Water Connected
Appliances
  • Tankless Water Heater
  • Water Line to Refrigerator
  • Ice Maker
  • Electric Range
  • Gas Range
  • Dishwasher
  • Microwave
  • Water Heater