$1,100,000

811 West 2nd Avenue is a seven-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University and close to Safeway, restaurants, shopping, public transportation, and downtown. The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the property’s central location add to its overall rental appeal. Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chico’s most consistently active rental areas.