Price$965,000
Units6
Gross scheduled income$94,284
Seller NOI$61,302
Listed cap rate6.35%
Days on market0
Photos
Listing remarks
765 Humboldt Avenue is a well-maintained 6-unit multifamily property located in Chico, California. The asset features an attractive unit mix of five (5) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit - an appealing unit mix for the area. Over the past four years, the property has undergone extensive capital improvements, including new exterior siding, fresh paint, foundation enhancements, and full interior renovations across all six units. The asset is currently fully occupied, providing immediate and stable cash flow for a new owner.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 5 | 1 | 1 | $6,550 | $6,750 |
| 2 | 1 | 2 | 1 | $1,550 | $1,550 |
Property facts
Year built1885
Parcel004450009000
Lot10,019 SF
Building/Living area2,615 SF
Heating—
Cooling—
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$965,000
Listing date2026-04-07
Buildings2
Operating expenses$32,982
Insurance$5,200
Water/sewer$2,200
Trash$2,000
Maintenance$4,500
Rent controlYes
Electric meters6
Gas meters6
Water meters1
LaundryNone
Lot featuresSix To Ten Units Acre
CommunityBiking, Park, Sidewalks
PoolNone
Senior communityNo
Last MLS update2026-04-07T21:33:50.230-00:00
See how Matt runs his numbers
Request a one-page investment summary using Matt’s underwriting lens.
Request summary
MLS attribution: Listing provided by Alive Commercial Real Estate, Spencer Moyer. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26074670. Information is deemed reliable but not guaranteed and may change without notice.