Chico, CA95926
| 5828 sqft | MLS# SN25093160
Tract:
For Sale $1,195,000
Description
Located just steps from CSU Chico and across from the athletic fields, 728 W Sacramento Avenue is a well-maintained, five-unit multifamily property offering excellent rental appeal and strong cash flow. Each unit features 3–4 bedrooms, modern finishes, in-unit laundry, and energy-efficient upgrades — perfect for students or young professionals. Amenities include on-site parking, bike racks, and a shared backyard with BBQ area. With a strong rental history, consistent occupancy, and unbeatable proximity to downtown, parks, and transit, this turnkey property is a smart addition to any investor’s portfolio. • Total Units: 5 • Unit Configurations: 3 to 4 bedrooms, 2 bathrooms • Total Bedrooms/Bathrooms: 19 beds, 10 baths • Total Living Area: ~5,828 sq ft • Unit Sizes: Ranging from 1,000 to 1,214 sq ft ? • Granite countertops and dual-pane windows • n-unit washers and dryers • On-site parking and bike racks • Common backyard with barbecue area • Cable-ready units • Fully leased through June 2026 • Current rental rates range from $1,695 to $1,795 per month per unit • Gross monthly rental income: $8,575 • Rents will increase by $200/mo (approx) total on lease renewal • Proximity to CSUC makes it highly attractive to students • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates
Facts
| Built in 1985 | Lot Size: 10019.00 sqft | HOA Dues: $0/month
Features
Listing provided by Michael Lee, Ryno Company
Based on information from California Regional Multiple Listing Service, Inc. as of April 30, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.