1128 W 5th, Chico, CA 95928

Description

Classic Chico Charm Meets Unbeatable Investment Potential! Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand. Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings. With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate. Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos). Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.

Listing description from the September 2026 sale, as reported to CRMLS.

Sale history

$275,000

Sold September 2026 · listed $299,000, orig. $369,000, on market February 2026, 186 days on market · MLS #SN26048853 · Source: CRMLS

Listing Agent: Michael Lee · Listing Office: Ryno Company · Contact: 5305703222 · Bought with: Gaylene Di Lorenzo · eXp Realty of California, Inc.

$275,000

Sold September 2026 · listed $299,000, orig. $369,000, on market February 2026, 200 days on market · MLS #SN26035574 · Source: CRMLS

Listing Agent: Michael Lee · Listing Office: Ryno Company · Contact: 5305703222 · Bought with: Gaylene Di Lorenzo · eXp Realty of California, Inc.

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