811 W 2nd Ave Chico, CA 95926
Chico Vecino NeighborhoodEstimated payment $8,196/month
Highlights
- 0.51 Acre Lot
- Central Heating
- Back Yard
- Chico Junior High School Rated A-
- Paved or Partially Paved Lot
About This Home
811 West 2nd Avenue is an eight-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University, the Safeway Shopping Center, and nearby restaurants. This prime location makes the property highly attractive to students, faculty, and commuters to campus, while still being only a few miles from downtown Chico. The complex consists of six two-story four-bedroom, two-bath units along with two studio units, providing a desirable unit mix and strong rental demand. The property offers off-street parking and is centrally located, allowing easy access to shopping, dining, public transportation, and major corridors throughout Chico. Several units have received recent updates, offering additional upside potential for future improvements and rent growth. This property presents a solid investment opportunity in a consistently strong rental market near the university.
Listing Agent
Parkway Real Estate Co. Brokerage Phone: 530-864-4454 License #01486988 Listed on: 12/18/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 0.51 Acre Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
- Level Lot
- Irregular Lot
- Back Yard
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 9,125 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 26 Bedrooms
- 14 Bathrooms
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Tax Lot 54,55
- Assessor Parcel Number 043162019000
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,285
- Insurance Expense $3,000
- Professional Management Expense $8,830
- Trash Expense $2,626
- Water Sewer Expense $5,374
- Operating Expense $41,714
- Gross Income $118,275
- Net Operating Income $76,561
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 | $12,920 | $1,188,791 | $301,749 | $887,042 |
| 2024 | $12,920 | $1,160,581 | $295,833 | $864,748 |
| 2023 | $12,769 | $1,142,826 | $290,033 | $852,793 |
| 2022 | $6,284 | $1,120,517 | $284,347 | $836,170 |
| 2021 | $12,332 | $1,098,645 | $278,772 | $819,873 |
| 2020 | $12,298 | $1,087,432 | $275,914 | $811,518 |
| 2019 | $12,077 | $1,066,208 | $270,504 | $795,704 |
| 2018 | $11,857 | $1,045,400 | $265,200 | $780,200 |
| 2017 | $6,628 | $577,720 | $142,071 | $435,649 |
| 2016 | $6,058 | $566,482 | $139,286 | $427,196 |
| 2015 | $6,059 | $558,041 | $137,194 | $420,847 |
| 2014 | $5,916 | $547,199 | $134,507 | $412,692 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2025 12/18/25 | For Sale | $1,375,000 | +34.1% | $151 / Sq Ft | |
| 02/13/2017 02/13/17 | Sold | $1,025,000 | -2.4% | $115 / Sq Ft | View Prior Sale |
| 01/03/2017 01/03/17 | Pending | -- | -- | -- | |
| 12/21/2016 12/21/16 | Price Changed | $1,050,000 | -8.7% | $118 / Sq Ft | |
| 12/08/2016 12/08/16 | For Sale | $1,150,000 | 0.0% | $130 / Sq Ft | |
| 11/11/2016 11/11/16 | Pending | -- | -- | -- | |
| 11/08/2016 11/08/16 | For Sale | $1,150,000 | -- | $130 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25278121
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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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