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33630448
33630478

618 Rancheria Drive, Chico, CA 95926

MD
CA CA 01861484
Capital Rivers Commercial
Listed by Capital Rivers Commercial
$650,000
18 days on market
Updated 9 days ago
Opportunity zone

618 Rancheria Drive

Details
APN 043180025000
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 3,060
Units 4
Tenancy Multi
Class C
Buildings 1
Lot Size (SqFt) 8,449
Zoning Assessor

Multifamily | 4 Units

Marketing 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.

Situated in the heart of Chico, the property is located approximately 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. The surrounding area provides convenient access to downtown Chico's dining, retail, and entertainment amenities, as well as nearby parks and community services. Convenient access to State Route 99 enhances connectivity throughout the greater Chico area. The property's central location within an established residential neighborhood supports consistent tenant demand and long-term investment potential.

Investment highlights

  • 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.
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Listing Contacts

MD
CA CA 01861484
Capital Rivers Commercial
Listed by Capital Rivers Commercial

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Zoning

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R3 ResidentialMulti FamilyMedium High Density Residential
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Matt Depa
License
CA 01861484
Brokerage
Capital Rivers Commerical
Brokerage Phone
530-514-6288
Title
Broker Associate
Brokerage Address
1821 Q Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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