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$989,000
997 E 16th
Chico, CA 95928
Size3854 Sq Ft ($256.62/ Sq Ft)
Lot Size0.83 Acres
Year Built1962
Listing TypeResidential Income
MLS Listing IDSN26099676
Published Date5/14/2026 8 days ago
Listing Modified5/21/2026 9:15:00 AM 1 day ago
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.
From E 20th St, turn onto C st, turn right onto E 16th St. Property on the right
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  • Internet Published
    • Income
  • Monthly Gross Income: $7800.00
  • Net Operating Income: $68341.00
    • Pool
  • Pool Type: None
    • Sale Type
  • Sale Type: Standard
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    Information Provided Courtesy of Matt Depa of Capital Rivers Commercial Inc and . Listing data provided by CRMLS, last updated 5/22/2026 58 minutes ago.
    Based on information from California Regional Multiple Listing Service, Inc. as of 5/21/2026 9:15:00 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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