Property Detail

728 Sacramento

Chico CA 95926

$1,195,000

Status: Active

Property Details

Description

Located just steps from CSU Chico and across from the athletic fields, 728 W Sacramento Avenue is a well-maintained, five-unit multifamily property offering excellent rental appeal and strong cash flow. Each unit features 3–4 bedrooms, modern finishes, in-unit laundry, and energy-efficient upgrades — perfect for students or young professionals. Amenities include on-site parking, bike racks, and a shared backyard with BBQ area. With a strong rental history, consistent occupancy, and unbeatable proximity to downtown, parks, and transit, this turnkey property is a smart addition to any investor’s portfolio. • Total Units: 5 • Unit Configurations: 3 to 4 bedrooms, 2 bathrooms • Total Bedrooms/Bathrooms: 19 beds, 10 baths • Total Living Area: ~5,828 sq ft • Unit Sizes: Ranging from 1,000 to 1,214 sq ft ? • Granite countertops and dual-pane windows • n-unit washers and dryers • On-site parking and bike racks • Common backyard with barbecue area • Cable-ready units • Fully leased through June 2026 • Current rental rates range from $1,695 to $1,795 per month per unit • Gross monthly rental income: $8,575 • Rents will increase by $200/mo (approx) total on lease renewal • Proximity to CSUC makes it highly attractive to students • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates

Map Location

Listing provided courtesy of Michael Lee of Ryno Company. Last updated 2025-04-30 08:14:14.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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