Chico, CA 95928 2 Fremont Street

Presented By: William Sheridan with SFInvest Real Estate; 530-624-5963
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SN25156848
  • 07/12/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 79
  • Baths • 2
  • SQFT • 37,800

Home Details

The property is being offered at $6,200,000, and will be delivered with no “section 1” termite or rot repairs of any kind being required. The hardscape, landscaping and apartments show little if any deferred maintenance. The prudent buyer should be able to significantly limit the need for CAPEX in the near term. Chico Meadows offers large 2 Bed/1 Bath apartments in lovely South Chico. Upgraded appliances and fixtures, laminate flooring, and abundant storage make these apartments look and feel luxurious. Everything from shopping, restaurants, gym and recreation are right at your door! With the flexibility of a Month-to-Month lease and easy access to your favorite places, Chico Meadows is a great place to live! Each 2-bedroom apartment features two large bedrooms, with a spacious 905 square foot floor plan. Central heat and air provide a comfortable living apartment, and there is plenty of closet space. 75% of the apartments have been extensively renovated to date, and the renovation included new counters, flooring, and appliances. All bedrooms include ceiling fans. Site amenities include a laundry room, ample covered parking, great proximity to shopping, public transit, the 99 freeway and the Skyway to Paradise. This is an ideal location for those commuting locally and to Paradise, Oroville, Durham, and to Butte College.
Presented By: William Sheridan with SFInvest Real Estate; 530-624-5963

Interior Features for 2 Fremont Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Interior AmenitiesBalcony, CeilingFans, LaminateCounters, QuartzCounters, BedroomOnMainLevel
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 2 Fremont Street

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Refrigerator, WaterHeater
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces40.0
Carport Y/NYes
CityChico
Community FeaturesSuburban
Construction MaterialsFrame
CoolingCentralAir
CountyButte
Current FinancingNone
DirectionsTake Notre Dame Blvd to Fremont street. Property is on the corner opposite the fire station
DisclosuresEasements
ElectricVolts220InKitchen
Entry LocationFremont St.
ExclusionsNone
Garage Spaces0.0
Garage Y/NNo
Gross Income583500.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense18720.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet67954.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income366749.0
New ConstructionNo
Number Of Units Total40
Number of Units Leased38
Open Parking Spaces58.0
Operating Expense216751.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount26534.0
Tax Lot161
Tenant PaysAllUtilities, CableTv, Electricity, Gas, Sewer
Total Actual Rent598500.0
Trash Expense10997.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, UndergroundUtilities, WaterConnected
ViewNone
Water Sewer Expense13799.0
Year Built1984
Year Built SourceOwner
Zoning00

Exterior for 2 Fremont Street

Building Area Total37800.0
Crops Included Y/NNo
FencingNone
Foundation DetailsSlab
Horse Y/NNo
InclusionsAll appliances and spares on site
Irrigation Water Rights Y/NNo
Lot FeaturesTwentyOneToTwentyFiveUnitsAcre
Lot Size Acres1.56
Lot Size Area67954.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters40
Number of Separate Gas Meters40
Number of Separate Water Meters0
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking98.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $6,200,000
MLS#SN25156848
List Date 07/12/2025
Property Type Multi-Family
Phone 714.742.6515
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