1020 W 4th

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1020 W 4th

Chico, CA 95928
Asking Price
$875K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features two individual multifamily residential units.
  • Offered for sale at a list price of $875,000.
  • Located in the city of Chico within Butte County.
  • Residential asset positioned in a stable Northern California market.
  • Suitable for investors seeking small-scale multifamily income opportunities.

What's Special

This multifamily apartment building contains two units and is situated at 1020 W 4th in Chico, California. Located in the 95928 ZIP code, the property serves as a residential asset within this growing Northern California city. Chico maintains a stable economic environment anchored by its regional educational institutions and proximity to major transit corridors, making it a consistent destination for those seeking rental housing in the North State region. The configuration of this property supports straightforward residential use cases for long-term investors or those looking to expand a portfolio of smaller income-producing assets. Its position within the local market provides connectivity to downtown amenities and established residential neighborhoods, ensuring ongoing demand for well-maintained living spaces.

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729

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