618 Rancheria Drive, Chico, California 95926

  • $650,000
618 Rancheria Drive, Chico, CA 95926
Active
618 Rancheria Drive, Chico, California 95926
618 Rancheria Drive, Chico, CA 95926
  • $650,000

Description

Located in the heart of Chico, this well-positioned four-unit multifamily property presents an attractive investment opportunity with strong rental demand and a highly desirable unit mix. The property consists of four spacious two-bedroom, one-bathroom units, each approximately 765 square feet, offering residents comfortable living accommodations while providing investors with stable income potential. The property’s prime location is a significant advantage, situated just 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. This strategic positioning supports consistent tenant demand from both the student population and the broader Chico rental market. This desirable location, versatile unit mix, and strong occupancy fundamentals, this property offers investors the opportunity to acquire a well-located multifamily asset in one of Northern California’s most established university communities.

  • Address 618 Rancheria Drive
  • City Chico
  • State/county CA
  • Zip/Postal Code 95926
  • Country US

Details

Updated on June 17, 2026 at 1:55 pm
  • Property ID: SN26126309
  • Price: $650,000
  • Property Size: 3016 Sqft
  • Land Area: 0.19 Acres
  • Year Built: 1965
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Utilities: Sewer Connected
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Butte
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Sidewalks

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman