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1326
What's Special
Located at 1326 West 5th Street in Chico, California, this multifamily asset is situated in a high-density residential corridor walking distance from California State University, Chico. The neighborhood character is defined by its proximity to the downtown core, offering immediate access to local retail, dining, and professional services. The property is well-served by the B-Line public transit system and features dedicated bike lanes connecting the site to the nearby Bidwell Park and major commercial hubs along the Esplanade. This location is primarily suited for student housing or workforce rentals given its central position between the university and major local employers. Typical tenants include university faculty, staff, and students seeking proximity to campus, as well as young professionals working in the downtown area. The property’s configuration supports a high-occupancy model with stable demand driven by the restricted local housing supply and the continuous academic calendar of the neighboring institution.
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