$3,000,000
$50K PRICE DROP

Estimated payment $18,905/month

Total Views 3,618
35 Beds
2 Baths
1,380 Sq Ft
$2,174 Price per Sq Ft

About This Home

Colliers is pleased to present 810 W 1st Ave, an exceptionally maintained, 17-unit market rate apartment community in Chico, CA comprised of all 2 story Townhome units. The complex was originally built in 1960 and received a complete exterior remodel in late 2024/early 2025. This low-density property spans across 1 acre and features a new security gate. The Loft Apartments serve to workforce residents, families, and university students alike. Tenants enjoy the convenient location close to schools, shopping, dining experiences, and employment. The property consists of eleven (11) three-bedroom/one-and-a-half-bathroom units, five (5) five-bedroom/one-and-a-half-bathroom units, and one (1) single-story two-bedroom/one-bathroom cottage. The community features a secluded swimming pool, offering residents a desirable amenity in a private setting. There is an onsite clubhouse with potential for conversion into an eighteenth residential unit. A single-story two-bedroom, one-bathroom cottage that could generate approximately $1,400 per month in additional rental income.

Listing Agent

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • Concrete Foundation
  • Redwood Siding
  • Concrete Perimeter Foundation
  • Stucco

Parking

  • 17 Parking Spaces
  • Off-Street Parking

Utilities

  • Natural Gas Connected
  • Private Sewer

Additional Features

  • 2-Story Property
  • 0.9 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 043-162-011

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 17 Units

Building Details

  • 17 Leased Units
  • 17 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1965
  • Architectural Style: Other
  • Stories: 2
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Redwood Siding, Stucco
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 3000000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 17.00

Utilities

  • Security: Varies By Unit
  • Sewer: Private Sewer, Other
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Chico Unified

Lot Info

  • Zoning: R3
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.9000
  • Lot Size Sq Ft: 39204.00

Multi Family

  • Income Includes: ["Other"]
  • Total Number Leasable: 17
  • Number of Leased Units: 17
  • Number of Month to Month Units: 17
  • Number of Units: 17

Tax Info

  • Assessor Parcel Number: 043-162-011
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Butte

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/12/2025 09/12/25 Price Changed $3,000,000 -1.6% $2,174 / Sq Ft
07/15/2025 07/15/25 For Sale $3,050,000 +32.5% $2,210 / Sq Ft
01/26/2018 01/26/18 Sold $2,301,952 -7.7% $105 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $2,495,000 +117.0% $114 / Sq Ft
05/19/2014 05/19/14 Sold $1,150,000 -8.0% $52 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $1,250,000 -- $57 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 225087401

MetroList

APN: 043-162-024