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Regent Lane

Chico, CA 95973
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16 Regent Ln Chico, CA 95973 presents an exceptional investment opportunity to purchase a 4 unit multifamily asset just minutes from Chico State University. With one unit bringing in $1,875/mo and three units vacant, there is the opportunity for a Buyer to live in one unit while offsetting their mortgage with the other three units rented by tenants of their choice or an investor can choose their own tenants to total four cash-flowing units. Three units are 2bed/1bath and one unit is 1bed/1bath. All four units conveniently feature central HVAC, fenced yards, common-area laundry, and assigned parking creating tenant convenience and demand. Many upgrades have been completed including new electrical panels/wiring, windows, siding, flooring, paint, etc. Upon renting all four units, the property will expect to bring in upwards of $7k/mo+ with an achievable proforma cap rate of 7.5%+. Featuring a convenient location, many upgrades, and a proven attainable proforma income, this property offers undeniable potential and presents the opportunity to own a well-positioned cash-flowing asset for years to come.

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Detail Ic Property Details

Property Type : Residential Income

Price : $785,000

AD Id : 91773875

MLS Id : 226126514

Living Area Size : 3,420 Sq. Ft

Year Built : 1968

County : Butte

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Septic System
  • Flooring Information

    Luxury Vinyl Plank, Varies by Unit
  • Interior Features

    Appliances: Free Standing Refrigerator, Free Standing Electric Range Laundry Features: In Common Area
  • Heating & Cooling

    Heating: Central Cooling: Central WaterSource: Shared Well

  • Building Information

    Year Built: 1968 Stories: 1 Construction Materials: Wood Foundation Details: Raised
  • Exterior Features

    Fenced Yard
    Foundation Details: Raised
  • Laundry Features

    In Common Area

  • Lot Information

    Lot Description: Landscape Back, Landscape Front Lot Square Feet: 11,326 Main Square Feet: 3,420

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 3,420 Construction Materials: Wood Property Age: 58 Cross Street: CA 32 Source Neighborhood: 12550 Postal Code Plus 4: 8707 Area: Chico S: 95973 Zoning: G-C Living Area Source: Assessor Auto-Fill Structure Type: Apartments

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226126514 List Price: $785,000 List Price Tot SqFt: $230

  • Tax Information

    Parcel Number: 042-060-062-000

  • Parking Information

    Parking Total: 8 Attached, Off Street, Carport, Covered, Varies by Unit

  • Elementary School District: Chico Unified
    Junior High School District: Chico Unified
    Senior High School District: Chico Unified
  • Utility Information

    Other
  • Location Information

    Direction: From CA-149 N, take exit 387B, turn left onto East Ave, turn right onto CA-32, turn right onto Regent Ln
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
White Avenue, Chico, CA, 95973 $519,900 -- -- 2,412 --
893 895 Netters, Chico, CA, 95973 $535,000 4 -- 2,096 13,939.20 Sq. Ft
3279 Rockin M, Chico, CA, 95973 $529,000 5 4 -- 6,534 Sq. Ft
3275 Rockin M, Chico, CA, 95973 $529,000 5 4 -- 6,534 Sq. Ft
3403 Silverbell, Chico, CA, 95973 $577,000 5 4 -- 22,651 Sq. Ft
3403 Silverbell, Chico, CA, 95973 $577,000 5 4 2,241 22,651 Sq. Ft
195 E Shasta, Chico, CA, 95973 $625,000 2 2 -- 20,473 Sq. Ft

ByOwner last updated this listing 10/11/2026 @ 02:34

MLS: 226126514 LISTED BY: Andrew Boley, eXp Realty of Northern California, Inc. SOURCE: MLS Metrolist

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