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1128 W 5thChico, CA 95928

Single Family · 3 Beds · 1 Full Bath · 774 Sq. ft. | 0.10 Acres
$309,000 Active

1128 W 5th Overview

Time on Site:
130 days
Visits:
0

Classic Chico Charm Meets Unbeatable Investment Potential! Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand. Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings. With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate. Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos). Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.

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1128 W 5th Facts & Features

  • Type Single Family
  • Sq. ft. 774
  • Price/Sq.ft. $399
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Chico Unified

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • Country: US
  • County Or Parish: Butte
  • Postal City: CHICO

Community/Development

  • Community Features: Biking,Curbs,Sidewalks,Urban

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Conventional
  • Parcel Number: 004115006000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 3

General Information

  • Appliances: Gas Oven,Gas Range,Refrigerator,Dryer,Washer
  • Basement: Yes
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Ground floor
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: Ceiling Fan(s),Unfurnished
  • Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup,Outside
  • Levels: One
  • Living Area: 774.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard,Front Yard,Level,Rectangular Lot,Yard
  • Lot Size Acres: 0.1
  • Lot Size Area: 4356.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    1128 W 5th Neighborhood

    Community

    95928 (Chico) Demographics

    32
    Median Age
    276
    Population Density (per sq. mile)
    50%
    College Educated
    $56,204
    Estimated Median Income
    6,629
    Estimated Total Home Owners
    7,854
    Estimated Total Renters
    46% / 54%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1128 W 5th Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1128 W 5th Market Data

    Based on the last 30 days in this zip code

    $595,887
    Average List Price
    $316
    Average Price per Square Foot
    22
    Properties Sold
    87
    Average Days on Market
    212
    Properties for Sale
    Calculations provided by Reliance Network

    1128 W 5th History

    Date Event Value Agent
    6/3/2026Source: CRMLS Price Reduction
    $309,000 -3.1%
    6/3/2026Source: CRMLS Price Reduction
    $309,000 -3.1%
    5/6/2026Source: CRMLS Price Reduction
    $319,000 -4.8%
    5/6/2026Source: CRMLS Price Reduction
    $319,000 -4.8%
    4/15/2026Source: CRMLS Price Reduction
    $335,000 -4.0%
    4/15/2026Source: CRMLS Price Reduction
    $335,000 -4.0%
    3/9/2026Source: CRMLS Price Reduction
    $349,000 -5.4%
    3/9/2026Source: CRMLS Price Reduction
    $349,000 -5.4%
    3/5/2026Source: CRMLS Added to Database
    March 05, 2026
    2/19/2026Source: CRMLS Added to Database
    February 19, 2026
    Listing provided courtesy of Ryno CompanyMichael Lee- MLS# SN26035574MLS ProviderContact Information: [email protected] - 530-343-2959