765 Humboldt Ave Chico, CA 95928
Mulberry NeighborhoodEstimated payment $5,811/month
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
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
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 | $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 |
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)
MLS Number: SN26074670
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Ask me questions while you tour the home.