117 W 21st Street Chico, CA 95928

$659,000 Active
  • Front
  • Backyard 1
  • Backyard 2
  • Backyard 3
  • Backyard 4
  • Front 2
  • Laundry room
  • Sprinkler control unit in laundry room
  • Laundry room
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 2
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 3
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6
  • Unit 6

About the Property

Excellent Investment opportunity. Six-units, nearly identical, 1 bed, 1 bath, approximately 600 sq. ft. apartments. Two buildings. One with 4 units built in 1972 (new roof in May 2025) & second building with 2 units built in 1990 (new roof in Oct 2021). Pest clearance from 7/31/2025. These well maintained units have wall heat, wall A/C, functional open floor plans and semi-private patios. Detached laundry room (new roof in May 2025). 10 off-street parking spaces. Steady income with minimal vacancies over the past 20 years. Rents are below market. Interior photos are from units 2, 3 and unit 6 during most recent turnovers.

Property Information

Size 3,600 SqFt
Price/SqFt $183
Lot Size 0.33 Acres
Year Built 1972
Property Type Residential Income
Listing Number SN26150950
Listed 8/6/2026
Modified 8/20/2026
Listing Agent Darin Wilson
Listing Office Darin Wilson, Broker
Total Building 2
Total Units 6

Property Features

# Electric Meters
  • 7
# Gas Meters
  • 7
# Units Leased
  • 6
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 50265.00
Gross Scheduled Income
  • 64800.00
Heating
  • Wall Furnace
Levels
  • One
Net Operating Income
  • 14535.00
Operating Expense
  • 14535.00
Other Structures
  • Outbuilding
Parking Total
  • 10.00
Pool
  • None
Price Pe rUnit
  • 109833
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Style
  • Ranch
Total Actual Rent
  • 5425.00
Total Expenses
  • 14535.00
Uncovered Spaces
  • 10.00
Water Source
  • Public
Electric
  • Standard
  • 220 Volts in Kitchen
Fencing
  • Wood
  • Average Condition
Flooring
  • Vinyl
  • Carpet
Interior
  • Ceiling Fan(s)
  • Open Floorplan
Construction Materials
  • Wood Siding
  • Frame
  • Stucco
  • Drywall Walls
Tenant Pays
  • Gas
  • Telephone
  • Cable TV
  • Electricity
Utilities
  • Natural Gas Connected
  • Sewer Connected
  • Cable Available
  • Phone Connected
  • Electricity Connected
  • Water Connected
Appliances
  • Water Heater
  • Disposal
  • Refrigerator
  • Electric Range
  • Gas Range
  • Electric Oven
  • Gas Oven
  • Dishwasher