$1,095,000
PENDING $100K PRICE DROP

Estimated payment $6,929/month

Total Views 5,135
19 Beds
10 Baths
5,828 Sq Ft
$188 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail
  • Chico Junior High School Rated A-
  • Central Heating and Cooling System

About This Home

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
• In-unit washers and dryers
• On-site parking and bike racks
• Common backyard with barbecue area
• Cable-ready units

• 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

Listing Agent

Michael Lee

Ryno Company Brokerage Phone: 5305703222 License #02216710 Listed on: 04/28/2025

Co-Listing Agent

Ryan Vaught

Ryno Company Brokerage Phone: 5305703222 License #01444141

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 5,828 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 043180043000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Recreation

  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $250
  • Insurance Expense $8,000
  • Professional Management Expense $8,877
  • Trash Expense $1,600
  • Water Sewer Expense $2,400
  • Operating Expense $42,384
  • Gross Income $110,964
  • Net Operating Income $66,361

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Price Per Unit: 219000
  • Professional Management Expense: 8877.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: CITY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 043180043000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Multiple
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 187.89

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 110964.00
  • Gross Operating Income: 108745.00
  • Gross Scheduled Income: 110964.00
  • Insurance Expense: 8000.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 66361.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 42384.00
  • Rent Control: No
  • Total Expenses: 42384.00
  • Vacancy Allowance: 2219

Tax Info

  • Tax Census Tract: 6.04
  • Tax Lot: 43

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $1,095,000 0.0% $188 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $1,095,000 -8.4% $188 / Sq Ft
04/28/2025 04/28/25 For Sale $1,195,000 +23.2% $205 / Sq Ft
04/26/2019 04/26/19 Sold $970,000 -2.9% --
02/25/2019 02/25/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $999,000 -9.2% --
01/10/2019 01/10/19 For Sale $1,100,000 +12.9% --
10/30/2017 10/30/17 Sold $974,400 -1.6% $161 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/15/2017 09/15/17 Price Changed $990,000 -15.0% $163 / Sq Ft
07/06/2017 07/06/17 For Sale $1,165,000 -90.0% $192 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $11,650,000 -- $1,919 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25093160

California Regional Multiple Listing Service (CRMLS)