997 E 16th
Chico, CA 95928
0
Bed
0
Bath
3,854Sqft
36,155Sqft(Lot)
Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Water/Sewer
Water Source: Public Sewer: Septic Tank -
Cooling Features
Central Air Air ConditioningHeating Source
Central Has Heating
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Building Information
Year Built: 1962 Building Area Total: 3,854 -
Pool Features
NoneLaundry Features
Inside
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.83 -
Lot Size Source: Assessor Lot Size Square Feet: 36155
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Listing Price Information
Original List Price: 989,000 Listing Contract Date: 2026-05-14 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 005422020000
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Other Property Info
Source Listing Status: Active Source Neighborhood: Directions: From E 20th St, turn onto C st, turn right onto E 16th St. Property on the right Source Property Type: Residential Income Property SubType: Single Family Residence -
Building and Construction
Property Age: 64 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Entry Location: Front Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Rochester Drive, Chico, CA, 95928 | $499,000 | 4 | 2 | 1,842 | 1,842 SqFt |
| E 20th, Chico, CA, 95928 | $338,501 | 3 | 2 | 1,013 | 1,013 SqFt |
| Altatina Drive, Chico, CA, 95928 | $510,000 | 2 | 2 | 1,658 | 1,658 SqFt |
| Altatina Drive, Chico, CA, 95928 | $475,000 | 2 | 2 | 1,658 | 1,658 SqFt |
| Altatina Drive, Chico, CA, 95928 | $875,000 | 2 | 2 | 1,658 | 1,658 SqFt |
| W 3rd Street, Chico, CA, 95928 | $269,000 | 2 | 1 | 894 | 894 SqFt |
| 13833 Centerville, Chico, CA, 95928 | $547,500 | 2 | 2 | 1,512 | 1,512 SqFt |
| 13411 Bean Flat, Chico, CA, 95928 | $550,000 | 3 | 1 | 1,238 | 1,238 SqFt |
| 5056 Hooper Lane, Chico, CA, 95928 | $669,000 | 5 | 3 | 3,447 | 3,447 SqFt |
| 12656 Centerville, Chico, CA, 95928 | $329,900 | 3 | 2 | 1,413 | 1,413 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 08:57
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