$965,000

Estimated payment $5,811/month

Total Views 5,214
3 Beds
2 Baths
2,615 Sq Ft
$369 Price per Sq Ft

Highlights

  • Park
  • Parkview Elementary School Rated A-
  • Bike Trail

About This Home

765 Humboldt Avenue is a well-maintained 6-unit multifamily property located in Chico, California. The asset features an attractive unit mix of five (5) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit - an appealing unit mix for the area. Over the past four years, the property has undergone extensive capital improvements, including new exterior siding, fresh paint, foundation enhancements, and full interior renovations across all six units. The asset is currently fully occupied, providing immediate and stable cash flow for a new owner.

Listing Agent

Spencer Moyer

Alive Commercial Real Estate Brokerage Phone: 8589224181 License #01940191 Listed on: 04/07/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,615 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 004450009000
  • $47 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $1,200
  • Insurance Expense $5,200
  • Maintenance Expense $4,500
  • Professional Management Expense $5,540
  • Trash Expense $2,000
  • Water Sewer Expense $2,200
  • Operating Expense $32,982
  • Gross Income $94,284
  • Net Operating Income $61,302

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

10,019 Sq Ft Lot

Listing Details

  • CapRate: 6.35
  • Professional Management Expense: 5540.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2200.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 004450009000
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 369.02

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300
  • Latitude Manual: 39.72774200

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 94284.00
  • Gross Scheduled Income: 94284.00
  • Insurance Expense: 5200.00
  • Lot Size Area: 10019.0000 Square Feet
  • Maintenance Expense: 4500.00
  • Net Operating Income: 61302.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 32982.00
  • Rent Control: Yes
  • Total Expenses: 32982.00

Tax Info

  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 47.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,058 $647,600 $183,600 $464,000
2024 $7,058 $630,000 $180,000 $450,000
2023 $2,996 $264,626 $79,647 $184,979
2022 $2,948 $259,487 $78,086 $181,401
2021 $2,890 $254,449 $76,555 $177,894
2020 $2,885 $251,867 $75,771 $176,096
2019 $2,837 $246,979 $74,286 $172,693
2018 $2,784 $242,186 $72,830 $169,356
2017 $2,724 $237,487 $71,402 $166,085
2016 $2,490 $232,880 $70,002 $162,878
2015 $2,490 $229,420 $68,951 $160,469
2014 $2,436 $224,976 $67,601 $157,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2026 04/07/26 For Sale $965,000 +55.0% $369 / Sq Ft
10/16/2023 10/16/23 Sold $622,500 -10.9% $231 / Sq Ft View Prior Sale
10/09/2023 10/09/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $699,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26074670

California Regional Multiple Listing Service (CRMLS)
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