931 W East Ave Chico, CA 95926
Chico AreaEstimated payment $16,384/month
About This Home
We are pleased to present the Compass Point Apartments. This is a stabilized 20-unit multifamily community located in the charming town of Chico, CA. Built in 1980, this low-density, colonial-style community offers a "homey" atmosphere that appeals to a consistent tenant base. The property features a well-maintained unit mix consisting of sixteen 1-bedroom/1-bathroom units (725 SF) and four 2-bedroom/1-bathroom units (825 SF). Extensively renovated and meticulously maintained, this asset reflects a comprehensive overhaul of both the building's systems and aesthetics. With the heavy capital expenditures already behind it, the property offers a turnkey opportunity to push rents to market rates without the need for additional Day 1 investment. One (1) 2-bedroom unit will be delivered vacant. Nestled in the northern Sacramento Valley, Chico is the largest city in Butte County and serves as a vibrant hub for education, recreation, and culture. The city is famously home to California State University, Chico, which infuses the area with youthful energy and academic vigor. Outdoor enthusiasts are drawn to Bidwell Park, one of the largest municipal parks in the United States, featuring over 3,600 acres of trails, creeks, and swimming holes. The historic downtown area further enhances the local lifestyle with an eclectic mix of boutiques, eateries, and cultural landmarks. With average single-family home prices exceeding $500,000, Compass Point provides an essential high-quality housing alternative in a high-barrier-to-entry market.
Listing Agent
Matthews Real Estate Investment Services License #02046840 Listed on: 08/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 32,670 Sq Ft Lot
Interior Spaces
- 14,899 Sq Ft Home
- 2-Story Property
- Oven or Range
- Laundry Room
Bedrooms and Bathrooms
- 24 Bedrooms
- 20 Bathrooms
Parking
- 30 Parking Spaces
- Off-Site Parking
- Assigned Parking
Community Details
- 2 Buildings
- 20 Units
Listing and Financial Details
- Assessor Parcel Number 042-070-165-000
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $24,530 | $2,626,320 | $867,000 | $1,759,320 |
| 2025 | $24,530 | $2,121,864 | $530,604 | $1,591,260 |
| 2024 | $23,056 | $2,071,436 | $520,200 | $1,551,236 |
| 2023 | $22,786 | $2,039,820 | $510,000 | $1,529,820 |
| 2022 | $20,601 | $1,837,033 | $630,481 | $1,206,552 |
| 2021 | $20,215 | $1,801,131 | $618,119 | $1,183,012 |
| 2020 | $20,159 | $1,782,725 | $611,781 | $1,170,944 |
| 2019 | $19,795 | $1,747,888 | $599,786 | $1,148,102 |
| 2018 | $17,429 | $1,536,000 | $520,000 | $1,016,000 |
| 2017 | $16,622 | $1,466,000 | $520,000 | $946,000 |
| 2016 | $14,740 | $1,396,000 | $520,000 | $876,000 |
| 2015 | $14,538 | $1,356,000 | $520,000 | $836,000 |
| 2014 | $12,838 | $1,201,000 | $520,000 | $681,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2026 09/04/26 | Price Changed | $2,599,000 | -3.7% | $174 / Sq Ft | |
| 08/20/2026 08/20/26 | For Sale | $2,699,000 | 0.0% | $181 / Sq Ft | |
| 08/20/2026 08/20/26 | Off Market | $2,699,000 | -- | -- | |
| 06/19/2026 06/19/26 | Price Changed | $2,699,000 | -3.4% | $181 / Sq Ft | |
| 04/27/2026 04/27/26 | Price Changed | $2,795,000 | -2.8% | $188 / Sq Ft | |
| 03/23/2026 03/23/26 | For Sale | $2,875,000 | +11.7% | $193 / Sq Ft | |
| 02/04/2025 02/04/25 | Sold | $2,575,000 | -4.5% | $173 / Sq Ft | View Prior Sale |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- | |
| 07/29/2024 07/29/24 | Price Changed | $2,695,000 | -3.6% | $181 / Sq Ft | |
| 06/27/2024 06/27/24 | For Sale | $2,795,000 | -- | $188 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,575,000 | Fidelity National Title Compan | |
| Deed | -- | Fidelity National Title Compan | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Mid Valley Title & Escrow Co | |
| Individual Deed | $1,450,000 | Multiple | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | $64,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | No Value Available | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: The MLS
MLS Number: 26668345
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Ask me questions while you tour the home.