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For sale
  • Listed by: Parkway Real Estate Co. • Eric Stofa • Contact: 530-228-9203
    Price cut: $10K (7/8)
    $789,000

    1122 W Sacramento Ave, Chico, CA 95926

    6beds
    4baths
    2,598sqft
    : 
    $5,102/mo
    Get pre-qualified
    Quadruplex
    Built in 2022
    -- sqft lot
    $-- Zestimate®
    $304/sqft
    $-- HOA

    What's special

    Open layoutsQuartz countertopsStainless steel appliancesIn-unit laundryTwo updated studio unitsCovered patios
    Turnkey 4-Unit Investment Near CSU Chico Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units. An on-site billboard provides additional passive income, enhancing overall returns. With its central location near shopping, dining, and campus, the property benefits from consistent rental demand. Highlights: 4 units: 2 x 2BD/1BA + 2 studios Built/remodeled in 2022 Billboard income Prime Chico location with strong cash flow potential A clean, low-maintenance investment in a high-demand area.
    98 days
    |
    304
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Stofa DRE #01904078 530-228-9203,

    Parkway Real Estate Co.

    Source: CRMLS,MLS#: SN26075294MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Rooms
      • Room types: Kitchen, Living Room
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Dishwasher, Electric Range, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Water To Refrigerator, Water Heater
      • Laundry: Inside
      Features
      • Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
      • Flooring: Vinyl
      • Windows: Double Pane Windows
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 2,598
      • Total interior livable area: 2,598 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Gravel, On Site, Private
      • Uncovered spaces: 7
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Exterior features: Lighting, Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 9,148 Square Feet
      • Features: Back Yard
      Details
      • Parcel number: 043290137000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary,Modern
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Drywall, Stucco, Wood Siding
      • Foundation: Concrete Perimeter, Slab
      • Roof: Composition
      Condition
      • Turnkey
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Street Lights, Sidewalks, Urban
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Chico

      Financial & listing details

      • Price per square foot: $304/sqft
      • Tax assessed value: $678,652
      • Annual tax amount: $7,854
      • Date on market: 4/9/2026
      • Cumulative days on market: 98 days
      • Listing terms: Submit
      • Total actual rent: 5797
      • Tenant pays: Electricity, Gas
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,270/mo

        Price history

        DateEventPrice
        7/8/2026Price change$789,000-1.3%$304/sqft
        Source: CRMLS #SN26075294 Report a problem
        6/8/2026Listed for sale$799,000$308/sqft
        Source: CRMLS #SN26075294 Report a problem
        6/1/2026Pending sale$799,000$308/sqft
        Source: CRMLS #SN26075294 Report a problem
        5/13/2026Price change$799,000-4.8%$308/sqft
        Source: CRMLS #SN26075294 Report a problem
        4/9/2026Listed for sale$839,000-3.5%$323/sqft
        Source: CRMLS #SN26075294 Report a problem
        11/29/2025Listing removed$869,000$334/sqft
        Source: SDMLS #SN24237085 Report a problem
        6/23/2025Listed for sale$869,000+227.9%$334/sqft
        Source: SDMLS #SN24237085 Report a problem
        1/25/2022Sold$265,000+3.9%$102/sqft
        Source: Public Record Report a problem
        1/5/2022Pending sale$255,000$98/sqft
        Source: CRMLS #SN21267505 Report a problem
        12/28/2021Listed for sale$255,000+4.3%$98/sqft
        Source: CRMLS #SN21267505 Report a problem
        7/30/2019Sold$244,500-0.2%$94/sqft
        Source: Agent Provided Report a problem
        7/12/2019Pending sale$245,000$94/sqft
        Source: CENTURY 21 Select Real Estate, Inc. #SN19160511 Report a problem
        7/9/2019Listed for sale$245,000+22.5%$94/sqft
        Source: Century 21 Select Real Estate, Inc. #SN19160511 Report a problem
        6/30/2017Sold$200,000+119.8%$77/sqft
        Source: Public Record Report a problem
        1/8/2003Sold$91,000$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,854 -44.7%$678,652 +2%
        2024$14,214 +47%$665,346 +8.7%
        2023$9,672 +241.6%$612,300 +143%
        2022$2,831 +1.9%$251,972 +2%
        2021$2,778 +0.3%$247,032 +1%
        2020$2,770 +17.2%$244,500 +17.5%
        2019$2,364 +1.9%$208,080 +2%
        2018$2,321 +22.7%$204,000 +23.9%
        2017$1,891 +9.4%$164,711 +2%
        2016$1,729 +27.2%$161,483 +29.2%
        2015$1,359 $125,000
        2014$1,359 $125,000 +4.2%
        2013-- $120,000 -21.2%
        2012-- $152,198 +2%
        2011-- $149,215 +0.8%
        2010-- $148,101 -0.2%
        2009-- $148,454 +2%
        2008-- $145,544 +2%
        2007-- $142,691 +2%
        2006-- $139,894 +2%
        2005-- $137,152 +2%
        2004-- $134,464
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 95926

        Getting around

        65 / 100
        Somewhat Walkable
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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