618 Rancheria Drive
- Four-unit income property near CSU Chico in Chico, CA.
- Four spacious two-bedroom, one-bathroom units with strong rental appeal.
- Well-maintained four-unit asset offering stable in-place income potential.
- Established university market with consistent demand and strong occupancy fundamentals.
Property Description
618 Rancheria Drive, Chico, CA, is a four-unit multifamily investment opportunity featuring a highly sought-after unit mix in one of Northern California’s established university markets. The property includes four spacious two-bedroom, one-bathroom units, each comprising approximately ±765 square feet for a combined building size of approximately ±3,060 square feet. The efficient layout and consistent demand for two-bedroom housing support long-term occupancy and stable income potential. The property’s proximity to major educational institutions and neighborhood amenities positions it well for both student and conventional rental demand.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $650,000 |
| No. of Units: | 4 |
| Year Built: | 1965 |
| Lot Size: | 0.19 Acres |
| Opportunity Zone: | No |
| Price per unit: | $162,500 |
| Property Website | Click Here |
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