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Berkshire Hathaway HomeServices California Properties

618 Rancheria Drive, Chico, CA 95926

$650,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Matt Depa | matt.depa@capitalrivers.com
Lic#: 01861484
Broker: Courtesy of Capital Rivers Commercial Inc
Phone: 530-896-9340

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: SN26126309

Price: $650,000

Rental Rate: $650,000

Lot Size:

Built in 1965

2 stories

0.19 acres

County: Butte

Lot description: Level,Walkstreet

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

Last Updated: 7/8/2026

Days On Market (DOM): 49

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Lat/Long: 39.733692, -121.854561.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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