720 W 2nd Ave, Chico, CA 95926
OFF MARKET
Listed by John Wallace, Century 21 Select Real Estate, Inc., (530) 514-2405 . Bought with Re/Max of Chico

$1,472,000

Trulia Estimate
  • 32 Beds
  • 18 Baths
  • 11,500 sqft (on 0.52 acres)

720 W 2nd Ave, Chico, CA 95926

The Avenues
Est. Refi. Payment $9,264/mo*
Refinance Your Home
Currently Off Market - Sold Aug 19, 2024 for $2,200,000

Home Value

Trulia Estimate
$1.47M
Since last month
Decreased$92K (-6.3%)
Since last year
Decreased$805K (-37.2%)
Since last sale
Decreased$842K (-38.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -40% in the last 10 years
MonthEstimated value
2026
September 2026$1.36M
August 2026$1.47M
July 2026$1.45M
June 2026$1.5M
May 2026$1.63M
April 2026$1.69M
March 2026$1.91M
February 2026$2.05M
January 2026$2.13M
2025
2024

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
642 W 1st Ave, Chico, CA
0.14
Multi-Family Home
$1,525,000
05/29/26
32
16
11,200
703 W 2nd Ave, Chico, CA
0.06
Multi-Family Home
$975,000
04/02/26
16
8
4,800
728 W Sacramento Ave, Chico, CA
0.22
Multi-Family Home
$1,025,000
10/23/25
19
10
5,828
12 Klondike Ct, Chico, CA
0.12
Multi-Family Home
$730,000
04/10/26
16
8
5,376
615 Rancheria Dr #1-4, Chico, CA
0.21
Multi-Family Home
$657,500
06/24/26
8
4
3,604
615 E Rancheria Drive, Chico, CA
0.21
Multi-Family Home
$657,500
06/24/26
8
4
3,600
1612 Neal Dow Ave, Chico, CA
1.59
Multi-Family Home
$1,650,000
03/12/26
19
13
9,600
1170 Hobart St, Chico, CA
0.25
Multi-Family Home
$450,000
08/03/26
4
2
2,000
1199 Citrus Ave #1/2 & 1, Chico, CA
0.28
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
1412 N Cherry St #2, Chico, CA 95926
0.10
$185,000
3
2
960
For Sale
8 Lorayne Ct, Chico, CA 95926
0.11
$639,700
8
4
3,712
Off Market
703 W 2nd Ave, Chico, CA 95926
0.06
$975,000
16
8
4,800
Recently Sold
644 W 4th Ave, Chico, CA 95926
0.12
$370,500
3
2
1,100
Off Market
635 W 2nd Ave, Chico, CA 95926
0.10
$1,332,800
Studio
-
7,640
Off Market
1249 Warner St, Chico, CA 95926
0.13
$390,400
3
2
1,293
Off Market
827 W 2nd Ave, Chico, CA 95926
0.10
$410,000
4
1.5
1,462
For Sale
1412 N Cherry St #5, Chico, CA 95926
0.16
$222,900
2
1
864
Off Market
1412 N Cherry St #11, Chico, CA 95926
0.16
$163,200
2
1
864
Off Market
1412 N Cherry St #13, Chico, CA 95926
0.16
$325,100
3
2
960
Off Market
848 W 2nd Ave, Chico, CA 95926
0.13
$370,400
2
2
1,315
Off Market

Local Information

  • Map ViewExplore the area around 720 W 2nd Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1996
0.52 acre lot
11,500 sqft
$128/sqft

About this House

5% Seller Financing! 8 units total. Three five bedroom units and 4 Four bedroom units along with a one bedroom one bath unit. Large townhouse units with washers and dryers. Each unit has a separate water, gas and electric meters. Very well maintained and close to the university. No vacancies. Appointment only! Do not bother tenants!
720 W 2nd Ave, Chico, CA 95926 is a 32 bedroom, 18 bathroom, 11,500 sqft multi-family in The Avenues, built in 1996. It last sold for $2,200,000 on Aug 19, 2024 (4% below the $2,295,000 asking price). More recently, it was listed as a rental in March 2022 with an asking price of $1,900 per month. That rental listing was removed on June 1, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,472,000, with a rent estimate of $1,092/month.

Home Details for 720 W 2nd Ave

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bedroom, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 32Number of Bathrooms: 18
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Disposal, Refrigerator, Range Hood, Water HeaterDishwasherDisposalLaundry: InsideRefrigerator
Heating & Cooling
Heating: Central,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Living RoomSpa: NoneHas a FireplaceNo Spa
Gas & Electric
Electric: Electricity - On Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsDoor: Panel DoorsFlooring: Carpet, Laminate, TileCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: GroundFloors: Carpet, Laminate, Tile
View
Has a ViewView: Neighborhood

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Average ConditionNo Private Pool
Parking & Garage
No GarageNo Attached GarageParking: Concrete
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 158

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Contemporary
Building
Construction Materials: Concrete, StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: TurnkeyParcel Number: 043150025000

Price & Status

Price
List Price: $2,295,000
Status Change & Dates
Off Market Date: Tue Jun 25 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Chico

Building

Building Area
Building Area: 11500 Square Feet

Community

Community Features: UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.52 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan, Owner May Carry

Business

Expense
Tenant Pays: Electricity, Gas, Sewer, Water

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: SN24008587Living Area Range Units: Square FeetAttribution Contact: 530-514-2405Common Interest: Community ApartmentUniversal Property Id: US-06007-N-043150025000-R-N

Additional Information

Urban

Price and Tax history

DateEventPrice
Aug 19, 2024
Source: CRMLS #SN24008587
Sold
$2,200,000
Jun 26, 2024
Source: CRMLS #SN24008587
Pending
$2,295,000
Jan 19, 2024
Source: CRMLS #SN24008587
Listed For Sale
$2,295,000
Jun 1, 2022
Source: Zillow Rental Manager
ListingRemoved
Mar 28, 2022
Source: Zillow Rental Manager
Listed For Rent
$1,900

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 2026-09-16 09:25:55 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 720 W 2nd Ave

  • What is 720 W 2nd Ave estimated to be worth?
    Trulia's estimated value for 720 W 2nd Ave in Chico, CA is $1,472,000.
  • What is the price history for 720 W 2nd Ave?
    720 W 2nd Ave in Chico, CA last sold for $2,200,000 in August 2024.
  • 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.
  • Does 720 W 2nd Ave have air conditioning?
    Yes, 720 W 2nd Ave in Chico, CA has air conditioning.
  • Does 720 W 2nd Ave have laundry facilities?
    Yes, 720 W 2nd Ave in Chico, CA has laundry facilities.

Explore by feature - Pet Friendly

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