Listed by Casey Smyth, NextHome North Valley Realty, (530) 402-4411 . Bought with NONMEMBER MRML
8 Lorayne Ct
Chico, CA 95926
The Avenues- 8 Beds
- 4 Baths
- 3,712 sqft
8 Beds
4 Baths
3,712 sqft
Local Information
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Description
This is a great opportunity to own an investment property located just blocks away from CSU Chico. This well-positioned 4-plex offers not only immediate rental income but also substantial potential for increased capital appreciation and enhanced cash flow. Don't miss out on this opportunity to secure a 4-plex with potential for value enhancement and increased market rents. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a strategic entry point into the real estate market, this property offers a combination of location, potential, and profitability.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 04, 2023
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 8 Lorayne Ct
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Interior Details Number of Rooms: 2Types of Rooms: Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, RefrigeratorDishwasherLaundry: Common AreaRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: CarpetCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: FrontFloors: Carpet |
View No ViewView: None |
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Exterior Home Features Roof: CompositionFencing: NoneFoundation: SlabNo Private Pool |
Parking & Garage No GarageNo Attached GarageParking: On Site,On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 15 |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Construction Materials: StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 043131024000 |
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Price List Price: $599,000 |
Status Change & Dates Off Market Date: Fri Aug 25 2023Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Chico |
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Building Area Building Area: 3712 Square Feet |
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Community Features: Curbs, Storm Drain(s), Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 9583 sqft |
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Special Conditions: Trust |
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Listing Terms: Submit |
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Expense Tenant Pays: Electricity, Gas |
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No Rent Control |
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Mls Number: SN23146463Living Area Range Units: Square FeetCommon Interest: NoneUniversal Property Id: US-06007-N-043131024000-R-N |
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CurbsStorm Drain(s)Street LightsSidewalks |
Last check for updates: about 21 hours ago
Listed by Casey Smyth DRE #01941937
NextHome North Valley Realty
Bought with: General NONMEMBER DRE #02032437, NONMEMBER MRML
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SN23146463

Price History for 8 Lorayne Ct
| Date | Price | Event | Source |
|---|---|---|---|
| 11/03/2023 | $599,000 | Sold | CRMLS #SN23146463 |
| 08/25/2023 | $599,000 | Pending | CRMLS #SN23146463 |
| 08/10/2023 | $599,000 | Listed For Sale | CRMLS #SN23146463 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,081 |
| Assessment | $610,932 |
Home facts updated by county records
Comparable Sales for 8 Lorayne Ct
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $540,000 | 08/15/25 | 12 | 6 | 3,232 | |
0.22 | Multi-Family Home | $730,000 | 04/10/26 | 16 | 8 | 5,376 | |
0.46 | Multi-Family Home | $405,000 | 11/28/25 | 4 | 3 | 1,808 | |
0.33 | Multi-Family Home | $1,025,000 | 10/23/25 | 19 | 10 | 5,828 | |
1.02 | Multi-Family Home | $835,000 | 06/13/25 | 8 | 4 | 2,941 | |
0.84 | Multi-Family Home | $530,000 | 02/17/26 | 7 | 3 | 1,956 | |
1.13 | Multi-Family Home | $600,000 | 04/01/26 | 11 | 5 | 3,980 | |
0.85 | Multi-Family Home | $525,000 | 03/27/26 | 4 | 3 | 2,103 | |
0.69 | Multi-Family Home | $435,000 | 05/30/25 | 4 | 2 | 1,540 |
Assigned Schools
These are the assigned schools for 8 Lorayne Ct.
What Locals Say about The Avenues
At least 33 Trulia users voted on each feature.
88 % Say it's dog friendly
85 % Say car is needed
81 % Say parking is easy
79 % Say there are sidewalks
66 % Say yards are well-kept
58 % Say there's holiday spirit
53 % Say neighbors are friendly
49 % Say it's walkable to restaurants
45 % Say kids play outside
45 % Say it's quiet
42 % Say it's walkable to grocery stores
40 % Say people would walk alone at night
33 % Say they plan to stay for at least 5 years
30 % Say streets are well-lit
30 % Say there's wildlife
13 % Say there are community events
Learn more about our methodology.
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Homes for sale near 8 Lorayne Ct

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Explore by feature
8 Lorayne Ct, Chico, CA 95926 is a 8 bedroom, 4 bathroom, 3,712 sqft multi-family built in 1980. 8 Lorayne Ct is located in The Avenues, Chico. This property is not currently available for sale. 8 Lorayne Ct was last sold on Nov 3, 2023 for $599,000 (0% higher than the asking price of $599,000). The current Trulia Estimate for 8 Lorayne Ct is $654,700.