703 W 2nd Ave, Chico, CA 95926
SOLD
APR 2, 2026
Listed by Spencer Moyer, Alive Commercial Real Estate, (858) 922-4181 . Bought with Better Choice Real Estate

$975,000

Last sold price
  • 16 Beds
  • 8 Baths
  • 4,800 sqft (on 0.45 acres)

703 W 2nd Ave, Chico, CA 95926

The Avenues
Est. Refi. Payment $6,114/mo*
Refinance Your Home
Currently Off Market - Sold Apr 2, 2026 for $975,000 (7% below list price)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
12 Klondike Ct, Chico, CA
0.06
Multi-Family Home
$730,000
04/10/26
16
8
5,376
728 W Sacramento Ave, Chico, CA
0.16
Multi-Family Home
$1,025,000
10/23/25
19
10
5,828
642 W 1st Ave, Chico, CA
0.08
Multi-Family Home
$1,525,000
05/29/26
32
16
11,200
615 Rancheria Dr #1-4, Chico, CA
0.15
Multi-Family Home
$657,500
06/24/26
8
4
3,604
615 E Rancheria Drive, Chico, CA
0.15
Multi-Family Home
$657,500
06/24/26
8
4
3,600
340 Oak St, Chico, CA
0.96
Multi-Family Home
$600,000
04/01/26
11
5
3,980
1170 Hobart St, Chico, CA
0.23
Multi-Family Home
$450,000
08/03/26
4
2
2,000
1199 Citrus Ave #1/2 & 1, Chico, CA
0.27
Multi-Family Home
$405,000
06/01/26
4
2
1,728

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
635 W 2nd Ave, Chico, CA 95926
0.04
$1,431,400
Studio
-
7,640
Off Market
720 W 2nd Ave, Chico, CA 95926
0.06
$1,423,400
32
18
11,500
Off Market
12 Klondike Ct, Chico, CA 95926
0.06
$730,000
16
8
5,376
Recently Sold
638 W 1st Ave, Chico, CA 95926
0.08
$359,600
3
2
1,150
Off Market
642 W 1st Ave, Chico, CA 95926
0.08
$1,525,000
32
16
11,200
Recently Sold
827 W 2nd Ave, Chico, CA 95926
0.10
$410,000
4
1.5
1,462
For Sale
811 W 2nd Ave, Chico, CA 95926
0.11
$1,100,000
25
13
9,125
For Sale
810 W 1st Ave, Chico, CA 95926
0.11
$2,750,000
35
1
-
For Sale
618 Rancheria Dr, Chico, CA 95926
0.12
$650,000
8
4
3,016
For Sale
1249 Warner St, Chico, CA 95926
0.15
$390,400
3
2
1,293
Off Market
1190 Warner St, Chico, CA 95926
0.15
$609,000
6
3
2,478
Off Market

Local Information

  • Map ViewExplore the area around 703 W 2nd Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1983
0.45 acre lot
4,800 sqft
$203/sqft

About this House

What's unique:Dining areaGranite countertopsGarbage disposalElectric rangeOutdoor seating areaLaminate flooring
Welcome to 4 Lanterns apartments, a fantastic multifamily opportunity in Chico, CA. Built in 1983, this low-density community sits on a large 0.45 acre lot and features (4) spacious four-bedroom, two-bathroom floor plans with approximately 1,200 square feet each. The property is fully leased with (3) of the units leased "by the bedroom" to students attending California State University, Chico and (1) unit on a standard lease. Current average rents are $2,090 per unit, demonstrating the high demand for quality affordable housing. Just blocks from California State University, Chico and Enloe Hospital, the property benefits from a diverse tenant base of both students and non-students, yet current rents remain below market. Comparable properties of similar vintage and finishes are achieving rents above $595/bedroom, highlighting a clear path for organic rent growth as units turn. Offered at a compelling basis far below replacement cost, 4 Lanterns represents a rare opportunity to acquire strong day-one cash flow with prospects to add one or more ADUs on the empty, underutilized portion of the land fronting 2nd avenue.
703 W 2nd Ave, Chico, CA 95926 is a 16 bedroom, 8 bathroom, 4,800 sqft multi-family in The Avenues, built in 1983. It last sold for $975,000 on Apr 2, 2026 (7% below the $1,050,000 asking price). More recently, it was listed as a rental in June 2019 with an asking price of $1,740 per month. That rental listing was removed on July 23, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,677/month.

Home Details for 703 W 2nd Ave

Interior Features

Beds & Baths
Number of Bedrooms: 16Number of Bathrooms: 8
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Other, Water ConnectedAppliances: Electric RangeLaundry: Common Area
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Electricity - On Property, 220 Volts
Windows, Doors, Floors & Walls
Flooring: LaminateCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front DoorFloors: Laminate

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Type Unknown
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 76

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 043170002000

Price & Status

Price
List Price: $1,050,000Price Per Sqft: $203/sqft
Status Change & Dates
Off Market Date: Tue Jan 13 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Chico

Building

Building Area
Building Area: 4800 Square Feet

Community

Community Features: Biking, Suburban, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.45 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SN25249748Living Area Range Units: Square FeetAttribution Contact: 8589224181Common Interest: NoneUniversal Property Id: US-06007-N-043170002000-R-N

Additional Information

BikingSuburbanSidewalksSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
Apr 2, 2026
Source: CRMLS #SN25249748
Sold
$975,000
Jan 15, 2026
Source: CRMLS #SN25249748
Pending
$1,050,000
Oct 29, 2025
Source: CRMLS #SN25249748
Listed For Sale
$1,050,000
Mar 27, 2020
Source: N/A
Sold
$930,000
Feb 25, 2020
Source: Agent Provided
Pending
$955,000

Market trends in Chico

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$468K
$667MoM
Sale-to-List Price
100.0%
Price per sq ft
$298
$3MoM
Available listings
284

Around this home

Neighborhood Overview

The Avenues
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Avenues

At least 33 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 85 % Say car is needed

  • 81 % Say parking is easy

  • 79 % Say there are sidewalks

  • 66 % Say yards are well-kept

  • 58 % Say there's holiday spirit

  • 53 % Say neighbors are friendly

  • 49 % Say it's walkable to restaurants

  • 45 % Say kids play outside

  • 45 % Say it's quiet

  • 42 % Say it's walkable to grocery stores

  • 40 % Say people would walk alone at night

  • 33 % Say they plan to stay for at least 5 years

  • 32 % Say streets are well-lit

  • 30 % Say there's wildlife

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s very peaceful a lot of the time! Sometimes there will be fireworks around holidays and weirdos speeding, but other than that, it’s nice"
    5
    Flag
  • Trulia User
    "Lots of people walk their dogs, very few pick up after them and most couldn’t care less about leash laws. It is quite unfortunate considering Chico is home to so many parks."
    0
    Flag
  • Joann.bettencourt
    "Block parties, pot lucks, tight knit community. Cul de sac where kids can run and play while parents socialize."
    1
    Flag
  • Tommyross20
    "-Farmers market -Local restaurants and taco trucks are some of the best food you’ll eat. -Being close to chico state campus adds being able to have a gym close by. "
    0
    Flag
  • Kim T.
    "Lots of students, within walking area of college and downtown area. Definitely not for families, college life!"
    25
    Flag
  • Carmen
    "Farmers market Bidwell Lots of outdoor activity and close to good schoolsAble to ride your bike anywhere from this point and close the hospital Chico state theater arts good culture character of homes in the area easy access to the freewaysIt is affordable for young families in a good place to raise childrenThis is a place someone would want to stay for the rest of their life even long after the children are gone and have finish school"
    1
    Flag
  • Bkeen19
    "we do church events and help feed the homeless, we have a christmas and summer stroll down plumas street during their seasons, and walk to local gas stations. The community is calm and quite and it in the middle of the country. "
    1
    Flag
  • Joann b.
    "The neighbors are super friendly. Great place to raise kids. Houses are custom, neighborhood is safe. Everyone knows each other. Lots of kids. The best neighborhood in Chico. "
    0
    Flag
  • rhs
    "Good area for families and serious college students/young professionals. Its about a 15 min bike ride to the university/downtown & Chico high school. There is a small and clean park near by for dogs and a pretty good elementary school. An fancy Chinese restaurant and Omelette/Dining house is in a walking distance. Massage and spa near. But most of your entertainment needs will be downtown or on the east side of town which is still only a 10 min drive away or 15-20 biking (such as movie theaters). Not many college students live around here and the ones that do are pretty peaceful. The train is nearby but it is never bothersome and esplanade street can get crowded during 8am (work and highschool/univesity) and off hours 5pm. However, Chico "traffic" means it takes you 15 minutes instead of 10 mins to get across town. Which is honestly still pretty good compared to other cities."
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-22 13:18:55 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 703 W 2nd Ave

  • What is the price history for 703 W 2nd Ave?
    703 W 2nd Ave in Chico, CA last sold for $975,000 in April 2026.
  • Is Chico a buyer's or seller's market?
    Chico is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Chico?
    The median sale price in Chico is $468K. That is down $667 from the prior month.
  • What do residents say about the The Avenues neighborhood?
    Residents describe the The Avenues neighborhood in Chico, CA as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in The Avenues, Chico.
  • Does 703 W 2nd Ave have air conditioning?
    Yes, 703 W 2nd Ave in Chico, CA has air conditioning.
  • Does 703 W 2nd Ave have laundry facilities?
    Yes, 703 W 2nd Ave in Chico, CA has laundry facilities.

Explore by feature - Pet Friendly

170 pet-friendly rentals in Chico, CA

Explore by feature - Garage

77 rentals with a garage in Chico, CA

Explore by feature - Air Conditioning

229 rentals with air conditioning in Chico, CA

Explore by feature - Pool

77 rentals with a pool in Chico, CA

Explore by feature - Washer/dryer

274 rentals with a washer/dryer in Chico, CA

Explore by feature - Outdoor Space

73 rentals with an outdoor space in Chico, CA

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 703 W 2nd Ave

Skip to last item
Skip to first item

Homes for sale near 703 W 2nd Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item