180 E 1st Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated payment $6,813/month
Highlights
- Central Heating
- Chico Junior High School Rated A-
- Level Lot
About This Home
Great Investment Opportunity! Well maintained 8 plex situated in the heart of Chico, and within walking distance to Downtown, Chico State University, and Chico High School. With strong rental history, dedicated on site parking, indoor laundry, the Subject Property is also conveniently located near public transportation, with easy freeway access.
Listing Agent
Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01821530 Listed on: 06/30/2026
Co-Listing Agent
Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01350075
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 10,890 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 6,198 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 11 Parking Spaces
- Carport
- Parking Available
Additional Features
- Rain Gutters
- Central Heating
Listing and Financial Details
- Legal Lot and Block 3,4 / 50
- Assessor Parcel Number 003101013000
Community Details
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 8 Separate Water Meters
- Insurance Expense $5,429
- Professional Management Expense $7,648
- Trash Expense $2,468
- Water Sewer Expense $1,049
- Operating Expense $41,848
- Gross Income $104,640
- Net Operating Income $57,560
Additional Features
- 8 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,871 | $940,344 | $207,791 | $732,553 |
| 2024 | $10,209 | $919,946 | $203,717 | $716,229 |
| 2023 | $10,089 | $903,909 | $199,723 | $704,186 |
| 2022 | $9,928 | $886,225 | $195,807 | $690,418 |
| 2021 | $9,741 | $868,888 | $191,968 | $676,920 |
| 2020 | $7,425 | $656,641 | $160,787 | $495,854 |
| 2019 | $7,291 | $643,806 | $157,635 | $486,171 |
| 2018 | $7,158 | $631,223 | $154,545 | $476,678 |
| 2017 | $7,013 | $618,886 | $151,515 | $467,371 |
| 2016 | $6,401 | $606,792 | $148,545 | $458,247 |
| 2015 | $6,402 | $597,708 | $146,314 | $451,394 |
| 2014 | $6,248 | $586,039 | $143,448 | $442,591 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2026 06/30/26 | For Sale | $1,100,000 | +92.3% | $177 / Sq Ft | |
| 04/25/2012 04/25/12 | Sold | $572,000 | -4.5% | $83 / Sq Ft | View Prior Sale |
| 03/16/2012 03/16/12 | Pending | -- | -- | -- | |
| 02/20/2012 02/20/12 | For Sale | $599,000 | -- | $87 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26142468
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Ask me questions while you tour the home.