714-745-2708

931 W East Avenue, Chico, CA 95926

$2,599,000 Approx. USD 24 beds, 20 baths
14,899 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Nabil Awada | nabil.awada@matthews.com
Lic#: 02046840
Broker: Courtesy of Matthews Real Estate Investment Services
Phone: 310-844-9362

Agent Remarks

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 Details

Property type: (Multi-Family)

Status: Active

MLS# 26668345

List price is $2,599,000 Reduced by $100,000 on 9/4/2026

Price: $2,599,000

Beds: 24

Baths: 20

Built in 1980

14,899 sqft

2 stories

0.75 acres

Lot size: 0.7500

County: Butte

Zoning: R4

Appliances: Refrigerator

Parking description: Assigned,Off Site

Last Updated: 9/4/2026

Days On Market (DOM): 187

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Lat/Long: 39.746414, -121.877991.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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