MAJOR PRICE ADJUSTMENT OF OVER $500,000 TO ENHANCE BUYER ROI. Now priced well below replacement cost. Turn-key complex with stabilized occupancy and immediate cash flow with maximum tax benefits. Great opportunity to own a recently constructed apartment complex in southeast Chico. The complex is gated and has a pool and clubhouse. It is conveniently located near transportation arteries and the bike path along Little Chico Creek. The rear of one building and the patios and balconies look over the creek. The complex also has owned solar. The unit sizes are large: 1/1 units @t 816 to 850 SF; 2/2.5 units @ 1,050 SF; and 3/2.5 @ 1,451 SF. This investment grade property would work well for and 1031 exchange investor or one wanting to build wealth through apartment ownership. Pro forma income and expense information shown. Call or email for more information or for access.
For sale
Listed by: Scott Hamm Realty
Price cut: $575K (4/3)
$8,200,000
1991 Humboldt Rd, Chico, CA 95928
51beds
58baths
30,884sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$266/sqft
$-- HOA
What's special
Owned solar
- 136 days |
- 229 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Scott Hamm DRE #00910514 530-520-6208,
Scott Hamm Realty
Source: CRMLS,MLS#: SN26027768
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 51
- Bathrooms: 58
Heating
- Solar
Appliances
- Included: Dryer, Washer
- Laundry: Laundry Closet
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 30,884
- Total interior livable area: 30,884 sqft
Property
Parking
- Total spaces: 62
- Parking features: Assigned, Asphalt, Controlled Entrance
- Uncovered spaces: 62
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: Community, Fenced, In Ground
Lot
- Size: 1.4 Acres
- Features: 26-30 Units/Acre
Details
- Parcel number: 002110034000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & HOA
Community
- Features: Biking, Dog Park, Pool
Location
- Region: Chico
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $8,159,100
- Annual tax amount: $94,021
- Date on market: 2/6/2026
- Cumulative days on market: 136 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Inclusions: Washers/Dryers/Refrigerators/Pool Equipment
Estimated market value
Not available
Estimated sales range
Not available
$3,459/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Price change | $8,200,000-6.6%$266/sqft |
Source:  CRMLS #SN26027768 Report a problem | ||
| 2/6/2026 | Listed for sale | $8,775,000+9.7%$284/sqft |
Source: CRMLS #SN26027768 Report a problem | ||
| 1/18/2024 | Sold | $8,000,000+788.9%$259/sqft |
Source: Public Record Report a problem | ||
| 12/20/2021 | Sold | $900,000-25%$29/sqft |
Source: Public Record Report a problem | ||
| 1/1/2021 | Listing removed | $1,200,000$39/sqft |
Source: Coldwell Banker/DuFour #SN20165453 Report a problem | ||
| 8/14/2020 | Listed for sale | $1,200,000+189.2%$39/sqft |
Source: Coldwell Banker/DuFour #SN20165453 Report a problem | ||
| 3/30/2016 | Sold | $415,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $94,021 +9.4% | $8,159,100 +4.9% |
| 2024 | $85,980 +308.9% | $7,781,360 +314.3% |
| 2023 | $21,027 +108.6% | $1,878,000 +108.7% |
| 2022 | $10,081 +97.6% | $900,000 +98.3% |
| 2021 | $5,102 +0.2% | $453,862 +1% |
| 2020 | $5,090 +1.6% | $449,209 +2% |
| 2019 | $5,008 +2.1% | $440,401 +2% |
| 2018 | $4,907 +2% | $431,766 +2% |
| 2017 | $4,813 +399.3% | $423,300 +380.6% |
| 2016 | $964 +0.3% | $88,074 +1.5% |
| 2015 | $961 +1.6% | $86,752 +2% |
| 2014 | $946 | $85,053 +0.5% |
| 2013 | -- | $84,670 +2% |
| 2012 | -- | $83,010 +2% |
| 2011 | -- | $81,383 +0.8% |
| 2010 | -- | $80,775 -0.2% |
| 2009 | -- | $80,968 +2% |
| 2008 | -- | $79,381 +2% |
| 2007 | -- | $77,825 +2% |
| 2006 | -- | $76,300 +2% |
| 2005 | -- | $74,805 +2% |
| 2004 | -- | $73,339 +1.9% |
| 2003 | -- | $71,995 +2% |
| 2002 | -- | $70,584 +2% |
| 2001 | -- | $69,201 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 95928
Nearby schools
GreatSchools rating
- 5/10Little Chico Creek Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Marsh (Harry M.) Junior High SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Chico High SchoolGrades: 9-12Distance: 2.1 mi
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- California
- Butte County
- Chico
- 95928
- 1991 Humboldt Rd
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