997 E 16th, Chico, CA 95928

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
997 E 16th,Chico, CA 95928
$989,000
  • - Beds
  • - Baths
  • 3,854 sq. ft.
  • Multi-family
  • Active
Listed by: matt depa
Office: capital rivers commercial inc916-804-8046
MLS#:SN26099676
Source:CRMLS

Price summary

  • Price:$989,000
  • Price per sq. ft.:$256.62

About this home

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.

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Home facts

  • Year built:1962
  • Listing ID #:SN26099676
  • Added:1 day(s) ago
  • Updated:May 14, 2026 at 10:42 PM

Rooms and interior

  • Living area:3,854 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1962
  • Building area:3,854 sq. ft.
  • Lot area:0.83 Acres
  • Lot Features:Back Yard, Landscaped
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$989,000
  • Price per sq. ft.:$256.62

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
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