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    New Dual-Unit Home in Paradise Title is generated by Realmo AI

    6478 Lone Cedar Ln, Paradise, CA 95969

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    For Sale
    $599,000

    Modern 5-bedroom, 3-bathroom dual-unit property built in 2024.

    Type:Investment
    Property size:
    2,500 SF
    Lot size:
    0.59 Acres
    Price / SF:
    $239/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 8:23 am

    Property Features for 6478 Lone Cedar Ln

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.59 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    2024

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    Douglas Speicher
    Douglas Speicher

    Listing office REAL BROKER

    Listing date Mar 11, 2026

    Source Elliman

    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 REAL BROKER

    HighLights

    • New construction (2024) dual‑unit home offering flexible living arrangements or rental income potential.
    • Two fully permitted units: a 3‑bedroom, 2‑bathroom main house and a 2‑bedroom, 1‑bathroom ADU.
    • Main house features a modern kitchen with quartz countertops, stainless steel appliances, and large island.
    • ADU includes its own 1‑car garage and thoughtfully designed layout.
    • Sits on a large 0.59‑acre lot with a thriving grapevine and space for customization.
    • Main house includes a 2‑car garage and primary suite with walk‑in closet and double vanity.

    Overview

    This new construction home, built in 2024, is located in Paradise, CA. The property features two fully permitted units, suitable for multigenerational living or rental income. The main home includes 3 bedrooms and 2 bathrooms within approximately 1,500 square feet. It features an open-concept layout, a modern kitchen with quartz countertops, a tile backsplash with floating shelves, stainless steel appliances, and a large island with breakfast bar seating. The living area includes a gas fireplace. The primary suite offers a walk-in closet and a double vanity in the en-suite bathroom. Additionally, there is an attached 2-car garage. The attached ADU offers 2 bedrooms, 1 bathroom, and its own 1-car garage. The property totals 2,500 square feet between both units and sits on a 0.59-acre lot with a grapevine. This property is intended for investment or residential use.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $45.9k $18.36
    − Vacancy −$1.9k −$0.77
    EGI $44.0k $17.59
    − OpEx −$13.2k −$5.28
    NOI $30.8k $12.31
    2,500 SF · lease $18.36/SF/yr · vacancy 4.18% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $439.8K
    $384.8K – $513.1K (±1% cap)
    NOI $30,787 @ 7.0% cap · market cap 5.14%
    Second Best
    Apartment 5plus
    $405.6K
    $354.9K – $473.2K (±1% cap)
    NOI $28,393 @ 7.0% cap · market cap 4.74%
    Theoretical Best
    Office A
    $1.16M
    $1.02M – $1.36M (±1% cap)
    NOI $81,338 @ 7.0% cap · market cap 13.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Dental Office Real Estate Agency Hair Salon Restaurant Spa & Massage Center Nail Salon Daycare Center Hotel & Motel HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paradise
    County
    Butte
    State
    California
    Longitude
    -121.594
    Latitude
    39.7801

    FAQs

    What type of property is this?
    Duplex - Modern 5-bedroom, 3-bathroom dual-unit property built in 2024.
    Where is this duplex located?
    The property is located at 6478 Lone Cedar Ln Paradise, CA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: New construction (2024) dual‑unit home offering flexible living arrangements or rental income potential.; Two fully permitted units: a 3‑bedroom, 2‑bathroom main house and a 2‑bedroom, 1‑bathroom ADU.; Main house features a **modern kitchen with quartz countertops, stainless steel appliances, and large island.**
    More about this property
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