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1128 W 5th St - 1128 W 5th Street, Chico, CA 1 Unit Apartment Building Offered at $485,312 CAD Chico, CA 95928
Investment Highlights
- High-Demand University Location
- Turnkey Infrastructure & Historic Appeal
- Significant Value-Add Potential (ADU Ready)
Executive Summary
Classic Chico Charm Meets Unbeatable Investment Potential!
Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand.
Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings.
With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate.
Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos).
Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.
Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand.
Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings.
With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate.
Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos).
Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.
Property Facts
| Price | $485,312 CAD | Building Size | 774 SF |
| Price Per Unit | $485,312 CAD | Average Occupancy | 0% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 1 | Year Built | 1925 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $485,312 CAD |
| Price Per Unit | $485,312 CAD |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Building Size | 774 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 004-115-006-000 | Improvements Assessment | $155,958 CAD |
| Land Assessment | $269,382 CAD | Total Assessment | $425,340 CAD |
Property Taxes
Parcel Number
004-115-006-000
Land Assessment
$269,382 CAD
Improvements Assessment
$155,958 CAD
Total Assessment
$425,340 CAD
Contacts
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Michael Lee -
Ryan Vaught -
Ryno Company
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1128 W 5th St - 1128 W 5th Street, Chico, CA
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