Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
Chico, CA 95926,931 W. East AVE
25
$2,575,000
$2,695,000
4.5%
Est.Price: ?

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0.75 Acres Lot

931 W. East AVE Chico, CA 95926

Est. payment /mo
SOLD DATE : 02/04/2025

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Key Details

Sold Price $2,575,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSN24132093

Sold Date 02/04/25

Originating Board California Regional MLS

Year Built 1980

Lot Size 0.750 Acres

Property Description

Compass Point Apartments is a well-maintained 20-unit multifamily property located in the charming town of Chico, CA. This complex comprises sixteen one-bedroom, one-bathroom units, and four two-bedroom, one-bathroom units, with spacious layouts of 725 and 825 square feet, respectively. Tenants at Compass Point enjoy a "homey" atmosphere within this low-density, colonial-style community. The current owner has invested hundreds of thousands of dollars over the past 20 years, resulting in a 'pride of ownership' property with many interior/exterior upgrades throughout. This offers the next investor the opportunity to bring rents to market rates and achieve a healthy return.

Location

State CA

County Butte

Interior

Laundry Laundry Area

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 042070165000

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Spencer Moyer • Alive Commercial Real Estate
Bought with Nabil Awada

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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