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931 W. East Avenue

Chico, CA 95926

– beds
– baths
– sqft
~3/4 acre lot
1980 build
– on site

Compass Point Apartments is a well-maintained 20-unit multifamily property located in the charming town of Chico, CA. This complex comprises sixteen one-bedroom, one-bathroom units, and four two-bedroom, one-bathroom units, with spacious layouts of 725 and 825 square feet, respectively. Tenants at Compass Point enjoy a "homey" atmosphere within this low-density, colonial-style community. The current owner has invested hundreds of thousands of dollars over the past 20 years, resulting in a 'pride of ownership' property with many interior/exterior upgrades throughout. This offers the next investor the opportunity to bring rents to market rates and achieve a healthy return.

Listed By CRMLS_CA / Spencer Moyer / Alive Commercial Real Estate / 8589224181

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# SN24132093 —

The Building

Year Built:

1980
Year Built Source:

Public Records
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

14900.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

20
Stories Total:

2
# of Separate Gas Meters:

20
# of Separate Water Meters:

1
# of Separate Electric Meters:

20

Interior

Levels:

Two
Entry Location:

Front
Laundry:

Common Area
Laundry:

1

Location

Directions:

North on Nord, Right on W. East Ave
Latitude:

39.74633500
Longitude:

-121.87791300

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

R4
Lot Features:

21-25 Units/Acre
Lot Size Area:

32670.0000
Lot Size Acres:

0.7500
Lot Size SqFt:

32670.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4.03
Taxes Percent:

1.11
Tax Lot:

4

The Listing

Special Listing Conditions:

Standard
Parcel Number:

042070165000

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Suburban
Pool:

None
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/11/24 Sep 11, 2024	Pending	CRMLS_CA	$2,695,000
7/29/24 Jul 29, 2024	Price Changed	CRMLS_CA	$2,695,000	-3.6%
6/27/24 Jun 27, 2024	Listed / Active	CRMLS_CA	$2,795,000

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This multifamily located in Cussick, Chico, CA 95926 is currently pending sale for $2,695,000. 931 W. East Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 148 days. 931 W. East Avenue is in the Cussick neighborhood of Chico and has a WalkScore® of 24, making it car-dependent. This multifamily is in the attendance area of Chico High School, Emma Wilson Elementary School, and Chico Junior High School.

Listing Courtesy of: CRMLS_CA and Alive Commercial Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 20:09 on Nov 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.