931 W East Avenue, Chico, CA 95926

• 14,899 sqft

Property Description

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).The current and previous ownership have invested hundreds of thousands of dollars in interior and exterior upgrades over the past 20 years, resulting in a true "pride of ownership" asset. This high level of maintenance offers a new investor the immediate opportunity to bring rents to market rates without the need for a substantial capital infusion. 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

Listing Status:

Active

Date Added:

March 23, 2026

Data Last Updated:

April 5, 2026 at 9:09PM

Listing Office:

Matthews Real Estate Investment Services : 866-889-0550

Listing Agent:

Nabil Awada : 310-844-9362

MLS ID:

CL26668345

Exterior

• Parking: Off SiteAssigned

Location

• County: Butte

Lot

• Zoning: R4042070165000