931 W. East Avenue, Chico, CA 95926

About this property

Compass Point Apartments is a well-maintained 20-unit multifamily property located in the charming town of Chico, CA. This complex comprises sixteen one-bedroom, one-bathroom units, and four two-bedroom, one-bathroom units, with spacious layouts of 725 and 825 square feet, respectively. Tenants at Compass Point enjoy a "homey" atmosphere within this low-density, colonial-style community. The current owner has invested hundreds of thousands of dollars over the past 20 years, resulting in a 'pride of ownership' property with many interior/exterior upgrades throughout. This offers the next investor the opportunity to bring rents to market rates and achieve a healthy return.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$2,575,000

Sold February 2025 · listed $2,695,000, orig. $2,795,000, on market June 2024 · MLS #SN24132093 · Source: CRMLS

Listing Agent: Spencer Moyer · Listing Office: Alive Commercial Real Estate · Contact: 8589224181 · Bought with: Nabil Awada · Matthews Real Estate Investment Services

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