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Bryan Powell

[email protected] +1(916) 521-4687

$ 3,050,000

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810 W 1st AVE Chico, CA 95926

0.9 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225087401

HOA Y/N No

Year Built 1965

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Colliers is pleased to present 810 W 1st Ave, an exceptionally maintained, 17-unit market rate apartment community in Chico, CA comprised of all 2 story Townhome units. The complex was originally built in 1960 and received a complete exterior remodel in late 2024/early 2025. This low-density property spans across 1 acre and features a new security gate. The Loft Apartments serve to workforce residents, families, and university students alike. Tenants enjoy the convenient location close to schools, shopping, dining experiences, and employment. The property consists of eleven (11) three-bedroom/one-and-a-half-bathroom units, five (5) five-bedroom/one-and-a-half-bathroom units, and one (1) single-story two-bedroom/one-bathroom cottage. The community features a secluded swimming pool, offering residents a desirable amenity in a private setting. There is an onsite clubhouse with potential for conversion into an eighteenth residential unit. A single-story two-bedroom, one-bathroom cottage that could generate approximately $1,400 per month in additional rental income.

Location

State CA

County Butte

Area 12546

Direction Corner of W 1st Avenue and N Cedar Street in Chico, CA.

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Varies by Unit

Laundry Varies by Unit

Exterior

Parking Features Off Street

Utilities Available Natural Gas Connected, Electric

Water Access Desc Meter on Site

Total Parking Spaces 17

Building

Lot Description Other

Story 2

Foundation Concrete

Sewer Private Sewer, Other

Water Meter on Site

Architectural Style Other

Schools

Elementary Schools Chico Unified

Middle Schools Chico Unified

High Schools Chico Unified

School District Butte

Others

Senior Community No

Tax ID 043-162-011

Special Listing Condition None

Listed by Collier's International CA, Inc.

Bryan Powell

Broker | CA DRE#02003689

+1(916) 521-4687

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Bryan Powell

810 W 1st AVE Chico, CA 95926

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810 W 1st AVE