$800,000

193 E 1st Ave Chico, CA 95926

Chico Vecino Neighborhood

Estimated payment $4,967/month

Total Views 1,148
2 Beds
1 Bath
5,244 Sq Ft
$153 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • Wall Furnace
  • Chico Junior High School Rated A-

About This Home

Centrally located, close to downtown and Chico State University, this well maintained 6 plex with off street parking and onsite laundry, makes an ideal investment opportunity, with solid rental history, stabilized rents, and low maintenance grounds.

Listing Agent

Shawn Smith

Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01821530 Listed on: 07/01/2026

Co-Listing Agent

Brian Littrell

Commercial Brokers of California Brokerage Phone: 530-308-7162 License #01350075

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,244 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / 4
  • Assessor Parcel Number 003104005000

Community Details

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,277
  • Fuel Expense $2,277
  • Insurance Expense $3,863
  • Professional Management Expense $6,013
  • Trash Expense $2,467
  • Water Sewer Expense $1,570
  • Operating Expense $33,831
  • Gross Income $76,583
  • Net Operating Income $38,923

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Professional Management Expense: 6013.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1570.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 003104005000
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 152.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2467.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, 6-10 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 2277.00
  • Fuel Expense: 2277.00
  • Gross Income: 76583.00
  • Gross Scheduled Income: 76583.00
  • Insurance Expense: 3863.00
  • Laundry Income: 1109.00
  • Lot Size Area: 0.1500 Acres
  • Net Operating Income: 38923.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 33831.00
  • Rent Control: Yes
  • Total Expenses: 33831.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 4
  • Tax Lot: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $7,452 $644,040 $197,022 $447,018
2024 $6,995 $629,059 $193,159 $435,900
2023 $6,913 $619,125 $189,372 $429,753
2022 $6,802 $607,033 $185,659 $421,374
2021 $6,675 $595,178 $182,019 $413,159
2020 $6,657 $589,101 $180,153 $408,948
2019 $6,537 $577,598 $176,621 $400,977
2018 $6,417 $566,320 $173,158 $393,162
2017 $6,287 $555,263 $169,763 $385,500
2016 $5,193 $492,400 $140,000 $352,400
2015 $4,952 $462,400 $140,000 $322,400
2014 $4,292 $402,400 $140,000 $262,400
Source: Public Records

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
07/01/2026 07/01/26 For Sale $800,000 -- $153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase 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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $490,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $264,500 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26142862

California Regional Multiple Listing Service (CRMLS)
California Butte County Chico 95926 Chico Vecino

193 E 1st Ave, Chico, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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