1122 W Sacramento Avenue, Chico, California 95926, Chico, 95926 - 0 bed, 0 bath
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Chico, California 95926
This High-Potential Investment Opportunity is a Quadruplex listed at $789,000, which aligns with its $789,000 Fair Market Value. Built and remodeled in 2022, the property maintains an Excellent Condition Rating, featuring modern quartz countertops and in-unit laundry. The asset provides a stable, turnkey income stream with the added benefit of on-site billboard revenue. Its proximity to CSU Chico ensures consistent rental demand, making this a strategic acquisition for Buy-and-Hold Investors or passive income seekers looking for a low-maintenance, high-demand asset.
Property is new construction or fully renovated.
This property was built and extensively remodeled in 2022, placing it well within the criteria for excellent condition. The units feature modern architectural design, high-end finishes including quartz countertops, stainless steel Whirlpool appliances, and contemporary cabinetry. The flooring consists of high-quality wood-look planks, and the inclusion of modern mini-split HVAC systems, recessed lighting, and in-unit laundry facilities confirms that all components are new and meet current market standards with no deferred maintenance.
Situated just minutes from California State University, Chico, the property benefits from high rental demand and consistent occupancy from the student population.
Built and remodeled in 2022, the units feature high-end finishes like quartz countertops and stainless steel appliances, minimizing the need for immediate capital expenditures.
The inclusion of an on-site billboard provides unique passive income in addition to residential rents, enhancing the overall cap rate and investment returns.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2598, other record living area = 749.
With 50% of the units being studios, the property may face higher turnover rates and appeal to a narrower demographic compared to larger multi-bedroom units.
The student-centric location typically results in seasonal leasing cycles and requires more active management oversight than traditional long-term residential investments.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,598 | 2,666 |
| Lot Size | 9,148 | 9,365.5 |
| Price | $789.0K | $578.5K |
| Price per sq ft | $304 | $205 |
| Built year | 2022 | 1950 |
| HOA | $0 | $0 |
| Days on market | 104 | 93 |
Jul 9, 2026
$789,000
$799,000
-1% Price Drop
Initial Listing
May 13, 2026
$799,000
$839,000
-5% Price Drop
Initial Listing
Apr 9, 2026
$839,000
Initial Listing
Jan 25, 2022
$265,000
Public Record
Jun 30, 2017
$200,000
Public Record
Jan 8, 2003
$91,000
Public Record