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$ 1,595,000
Est. payment | /mo
5,870 SqFt
$ 1,595,000
Est. payment | /mo
5,870 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,870 sqft
Price per Sqft $271
MLS Listing ID CRSN25096646
HOA Y/N No
Year Built 1965
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Other
Property Description
1500 Sheridan Avenue is a well-maintained, multifamily residential property in the heart of Chico, California. The property presents a strong opportunity for both stable cash flow and value-add potential. Situated in a desirable residential neighborhood, the property benefits from proximity to California State University, Chico, Enloe Medical Center, and Chico’s downtown amenities. The area has consistent rental demand due to its combination of student, professional, and long-term residential populations. Access to public transportation and nearby retail increases its appeal for tenants. • Total units: 8 (all renovated) • Unit configurations: 1 to 2 bedrooms, 1 to 2 bathrooms • Total bedrooms/bathrooms: 14 beds, 9 baths • Total living area: ~5,870 sq ft • Unit sizes: Ranging from 565 to 790 sq ft • Laundry on site • Centrally located • Quiet, friendly community setting • Easy access to shopping, dining, and public transportation • Highly attractive location for a variety of renters • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates
Location
State CA
County Butte
Zoning CITY
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 003460016000
Virtual Tour https://my.matterport.com/show/?m=9fXCKcKdc1b&mls=1
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Lee • Ryno Company
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com