1500 Sheridan Avenue Chico, CA 95926
About the Property
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
Property Information
| Size | 5,870 SqFt |
|---|---|
| Price/SqFt | $272 |
| Lot Size | 0.26 Acres |
| Year Built | 1965 |
| Property Type | Residential Income |
| Zoning | CITY |
| Listing Number | SN25096646 |
| Listed | 5/1/2025 |
|---|---|
| Modified | 5/8/2025 |
| Listing Agent | Michael Lee |
| Listing Office | Ryno Company |
| Total Building | 1 |
| Total Units | 8 |
Property Features
- 8
- 8
- 8
- Wall/Window Unit(s)
- Standard
- None
- Laminate
- 0.00
- 129960.00
- 127361.00
- 129960.00
- Wall Furnace
- Ceiling Fan(s)
- Two
- 83068.00
- 44293.00
- 9.00
- None
- 199375
- Public Sewer
- None
- 2
- All Utilities
- 44293.00
- 9.00
- Public
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
- Biking
- Curbs
- Sidewalks
- Street Lights
- Cable Connected
- Electricity Connected
- Phone Connected
- Sewer Connected
- Water Connected
Listed by Michael Lee and Ryan Vaught of Ryno Company. Listing data last updated 5/11/2025 at 7:38 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/2025 12:23 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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