536 W 3rd Street
$1,426,000
536 W 3rd Street, Chico, CA 95928
3,415 sqft
Building Size
0.1272 acres
Lot Area
Details:
Highlights:
- Historic two-level rental with stable income in downtown Chico, CA.
- Fully leased with annual rent increases and early pre-leasing success.
- Located just one block from California State University, Chico with Walk Score of 96.
- In-unit coin laundry with off-street parking.
- Adjacent property at 544 W 3rd Street is also available for purchase.
Description:
536 W 3rd Street, Chico, CA is a two-story, fully‑leased investment opportunity just one block from California State University, Chico. As part of the distinguished Language Houses, the property features original mahogany flooring, built-in elements, and historic architectural charm. The multi‑tenant building offers consistent annual rental increases and a history of early pre‑leasing typically reaching full occupancy by January for summer move-in. Amenities include off-street parking and in-unit coin-operated laundry, ensuring both tenant convenience and strong investor appeal.
The property enjoys a Walk Score of 96, reflecting its exceptional accessibility to campus, downtown Chico, and local amenities. CSU Chico, with an enrollment of 14,581 students in 2024, is just a short walk away supporting reliable demand from the student population. Situated in a highly sought-after student housing corridor, the location benefits from high foot traffic, proximity to transit, and easy access to entertainment, dining, and retail, making this a dependable and strategically positioned asset.
Documents:
| Title | ||
|---|---|---|
| 536W3rdStreet-Chico_BrochureV2.pdf |
Location
Gallery
