1128 W 5th Chico, CA 95928

$369,000 Active

About the Property

Classic Chico Charm Meets Unbeatable Investment Potential! Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand. Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings. With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate. Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos). Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.

Property Information

Size 774 SqFt
Price/SqFt $477
Lot Size 0.1 Acres
Year Built 1925
Property Type Residential Income
Listing Number SN26048853
Listed 2/17/2026
Modified 3/6/2026
Listing Agent Michael Lee
Listing Office Ryno Company
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cooling
  • Central Air
Fireplace
  • None
Garage Spaces
  • 0.00
Heating
  • Central
Levels
  • One
Parking Total
  • 1.00
Pool
  • None
Price Pe rUnit
  • 369000
Sewer
  • Public Sewer
StoriesTotal
  • 1
Uncovered Spaces
  • 1.00
Water Source
  • Public
Appliances
  • Gas Range
  • Gas Oven
Community Features
  • Gutters
  • Curbs
  • Biking
  • Urban
  • Sidewalks