4-Unit Multifamily
12 Ralland Circle, Chico, CA 95926
For Sale
New
$575,000
This residential income property has a five-year-old roof, newer energy-efficient windows, and three replacement heating and cooling units.
Property Size3,452 SF
Price / SF$166.57
Days on Market4
Property Features for 12 Ralland Circle
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Paradise Realty
Listed By:
Arthur Andreas · License CA #01056416
Source:
Homesbyupside
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 10 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paradise Realty
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Investment Insights
Based on property information with market context.
Built in 1968, this four-unit residential property contains 3,452 square feet. The roof is five years old, energy-efficient windows were installed six years ago, and the building has three new heating and air-conditioning units.
Key Highlights
- 3,452‑square‑foot fourplex
- Roof is 5 years old
- Energy‑efficient windows installed 6 years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,841
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,820
$876.8K
Cap Rate 7%
$626,300
$626.3K
Cap Rate 9%
$487,122
$487.1K
Market Conditions
NOI Build-Up for 3,452 SF
Gross rent
$65.0K $18.84/SF
− Vacancy
−$2.4K −$0.70/SF
EGI
$62.6K $18.14/SF
− OpEx
−$18.8K −$5.44/SF
NOI
$43.8K $12.70/SF
Area
Chico, CA
Vacancy
3.70%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,820
Cap Rate 7%
$626,300
Cap Rate 9%
$487,122
Alternative Uses
Best Use
Multifamily LT 5
$626.3K
$548.0K – $730.7K
NOI $43,841 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$569.3K
$498.1K – $664.1K
NOI $39,848 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$697.0K
$609.9K – $813.2K
NOI $48,789 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
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Business Placement
Demographics for 95926, CA
41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - This residential income property has a five-year-old roof, newer energy-efficient windows, and three replacement heating and cooling units.
Where is this quadplex located?
The property is located at 12 Ralland Circle Chico, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3,452‑square‑foot fourplex; Roof is 5 years old; Energy‑efficient windows installed 6 years ago
