1128 W 5th St Chico, CA 95928
South Campus NeighborhoodHighlights
- Laundry Room
- Central Heating and Cooling System
- Back Yard
- Chico Junior High School Rated A-
- Bike Trail
- 1-Story Property
About This Home
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.
Listing Agent
Ryno Company Brokerage Phone: 5305703222 License #02216710 Listed on: 03/05/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 4,356 Sq Ft Lot
- Back Yard
Home Design
- Entry on the 1st floor
Interior Spaces
- 774 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
Additional Features
- Rain Gutters
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 5,6 / 123
- Assessor Parcel Number 004115006000
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,132 | $306,000 | $193,800 | $112,200 |
| 2024 | $1,132 | $101,528 | $40,608 | $60,920 |
| 2023 | $1,119 | $99,538 | $39,812 | $59,726 |
| 2022 | $1,100 | $97,587 | $39,032 | $58,555 |
| 2021 | $1,080 | $95,674 | $38,267 | $57,407 |
| 2020 | $1,077 | $94,694 | $37,875 | $56,819 |
| 2019 | $1,057 | $92,838 | $37,133 | $55,705 |
| 2018 | $1,038 | $91,018 | $36,405 | $54,613 |
| 2017 | $1,016 | $89,235 | $35,692 | $53,543 |
| 2016 | $928 | $87,487 | $34,993 | $52,494 |
| 2015 | $928 | $86,174 | $34,468 | $51,706 |
| 2014 | $906 | $84,487 | $33,793 | $50,694 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Price Changed | $349,000 | -5.4% | $451 / Sq Ft |
| 03/05/2026 03/05/26 | For Sale | $369,000 | -- | $477 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,200,000 | Mid Valley Title | |
| Deed | -- | Mid Valley Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26048853
APN: 004-115-006-000
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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