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Sold for $4,950,000 · Mar 2023

SOLD

Listed at $5,295,000

Sold

186 E Shasta Avenue, Chico, CA 95973

Chico, CA

MLS# SN23013609

24,640 Sq Ft • Apartment
3 days on market

Listing Agent

Steve Depa

Listing Agent

Re/Max of Chico

DRE #: 00813533

Brokerage: Re/Max of Chico

Property Details

N/A

Bedrooms

N/A

Bathrooms

24,640 sqft

Square Feet

1978

Year Built

1.49 acres

Lot Size

$201

Price/Sq Ft

28

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

Shasta East is a duplex community consisting of (28) 2 bedroom 1 bath units. Each unit has indoor laundry, and an oversized one car garage along with a private & spacious yard. These units enjoy near 100% occupancy with many long term tenants. Current owners have been upgrading units, as they turn over. Property offers significant upside, by improving rents to meet local market value, as well as the ability to add/build out amenities to the underutilized portions of the property. Purchase also includes 194 E Shasta Ave.

Listing description from the March 2023 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
Central

Sale history for 186 E Shasta Avenue

2 recorded sales

$4,950,000
Sold March 2023 · listed $5,295,000, on market February 2023, 3 days on market · MLS #SN23013609 · Source: CRMLS
Listing Agent: Steve Depa · Listing Office: Re/Max of Chico · Contact: 530-514-6288 · Bought with: Emmett Jacobi · Century 21 Select Real Estate, Inc.
$3,125,000
Sold January 2019 · listed $3,495,000, orig. $3,710,000, on market September 2018, 60 days on market · MLS #SN18228896 · Source: CRMLS
Listing Agent: Steven Depa · Listing Office: Re/Max of Chico · Contact: 530-896-9300 · Bought with: Steven Depa · Re/Max of Chico

How this sale compares

186 E Shasta Avenue sold for $4,950,000 in March 2023, 6.5% under its $5,295,000 list price, after 3 days on the market. Across 274 closed sales in 95973 over the last 12 months, the median sold price is $487,000 and the median is $300 per square foot.

$300
95973 median per sq ft (12 mo)
$487,000
95973 median sold price (12 mo)
274
Closed sales in 95973 (12 mo)
3
Days on market
−6.5%
Sold vs. list price
QuarterClosed sales in 95973Median sold price
Q1 202619$427,000
Q2 2026110$499,000
Q3 2026114$450,000
Q4 202631$490,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Chico · Homes for sale in 95973

Recent sales near 186 E Shasta Avenue

Closed sales reported in 95973, nearest first, last 12 months. All recent sales in Chico →

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CRMLS

MLS# SN23013609

Listed: 2/3/2023

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 3/29/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Re/Max of Chico

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.