Investment Overview
818-818.5 W 1st Street is a ±3,379 SF residential investment property situated on ±0.17 acres in Chico, California. Built in 1984, the property includes two residential units on one lot with a combined ten bedrooms and four bathrooms. One unit offers six bedrooms and two bathrooms, while the second includes four bedrooms and two bathrooms. The two-unit configuration provides an established residential income opportunity with flexibility for student housing or other long-term rental uses.
Investment Highlights
- Two-unit residential investment property near CSU Chico, CA.
- Two residential units on ±0.17 acres with flexible income-producing potential.
- ±3,379 SF property with a combined ten bedrooms and four bathrooms.
- Six-bedroom unit and four-bedroom unit provide multiple residential rental configurations.
- Directly across W 1st Street from Chico State’s WREC Center.
- Central Chico location near CSU Chico, Downtown Chico, and neighborhood amenities.