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$785,000 Just Listed
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Property Description
16 Regent Lane 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.
Full Property Details
Full Property Details for 16 Regent Ln
General
- Price: $785,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226115760
- Updated: 10/8/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Free Standing Refrigerator, Free Standing Electric Range
- Flooring: Luxury Vinyl Plank, Varies by Unit
Rooms
Other Rooms
- Laundry: In Common Area
Exterior
- Exterior Features: Fenced Yard
Parking
- Total Spaces: 8
- Parking: Attached, Off-Street Parking, Carport, Covered, Varies by Unit
Location
- Area: 12550
- County: Butte
- Cross Streets: CA 32
- Driving Directions: From CA-149 N, take exit 387B, turn left onto East Ave, turn right onto CA-32, turn right onto Regent Ln
School Information
- School District: Butte
- Elem School District: Chico Unified
- Midd School District: Chico Unified
- High School District: Chico Unified
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Septic System
- Water: Shared Well
- Utility Description: Other
Structural Information
- Construction Status: Updated/Remodeled
- Construction: Wood
- Foundation: Raised
- Stories/Levels: 0
- Square Feet: 3,420
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1968
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Irrigation System: None
- Zoning: G-C
- Lot Description: Landscape Back, Landscape Front
Disclosures and Reports
- Special Conditions: None
- APN: 042-060-062-000
Listed by eXp Realty of Northern California, Inc.
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Schools
Schools serving 16 Regent Ln
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Emma Wilson Elementary School 1530 West 8th Avenue, Chico, CA 95926 | K-5 | 1.7 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 3.2 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Regent Ln
Date
Details
Price
Change
Source
10/07/2026
Listed
$785,000
153.23%
MLS
11/19/2025
Sold
$310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 Regent Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,703
—
$309,579
34%
2025
$2,703
8%
$231,197
2%
2023
$2,500
—
$226,676
2%
2023
$2,500
2%
$222,244
2%
2022
$2,458
2%
$217,899
2%
2021
$2,412
—
$213,640
1%
2020
$2,406
2%
$211,457
2%
2019
$2,363
2%
$206,724
2%
2018
$2,320
2%
$202,671
2%
2017
$2,272
9%
$198,698
2%
2016
$2,075
—
$194,803
2%
2015
$2,075
2%
$191,878
2%
2014
$2,038
-1%
$188,121
—
2013
$2,055
—
$187,272
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 Regent Ln
16 Regent Lane, Chico, CA 95973 (MLS# 226115760) is a Single Family property with 0 bedrooms and 0 full bathrooms. 16 Regent Lane is currently listed for $785,000 and was received on October 07, 2026. Want to learn more about 16 Regent Lane? Do you have questions about finding other Single Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

