8 Lorayne Ct, Chico, CA 95926
OFF MARKET
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

$653,400

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $3,959/mo*
Refinance Your Home

$653,400

Trulia Estimate
as of Jul 5, 2026
Est. Refi. Payment $3,959/mo*
Refinance Your Home
8 Beds
4 Baths
3,712 sqft

Local Information

  • Map ViewExplore the area around 8 Lorayne Ct.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
8 Lorayne Ct, Chico, CA 95926 is a 8 bedroom, 4 bathroom, 3,712 sqft multi-family in The Avenues, built in 1980. It last sold for the $599,000 asking price on Nov 3, 2023. It is currently off market. The Trulia Estimate is $653,400, with a rent estimate of $1,604/month.

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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 15

Property Information

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

Price & Status

Price
List Price: $599,000
Status Change & Dates
Off Market Date: Fri Aug 25 2023Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Chico

Building

Building Area
Building Area: 3712 Square Feet

Community

Community Features: Curbs, Storm Drain(s), Street Lights, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 9583 sqft

Listing Info

Special Conditions: Trust

Offer

Listing Terms: Submit

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: SN23146463Living Area Range Units: Square FeetCommon Interest: NoneUniversal Property Id: US-06007-N-043131024000-R-N

Additional Information

CurbsStorm Drain(s)Street LightsSidewalks
Last check for updates: about 5 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

DatePriceEventSource
11/03/2023$599,000Sold
CRMLS #SN23146463
08/25/2023$599,000PendingCRMLS #SN23146463
08/10/2023$599,000Listed For SaleCRMLS #SN23146463

Market trends in Chico

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$452K
$8KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$299
$7MoM
Available listings
271
6MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
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
615 Rancheria Dr #1-4, Chico, CA
0.32
Multi-Family Home
$657,500
06/24/26
8
4
3,604
615 E Rancheria Drive, Chico, CA
0.32
Multi-Family Home
$657,500
06/24/26
8
4
3,600
1256 Warner St, Chico, CA
0.18
Multi-Family Home
$540,000
08/15/25
12
6
3,232
12 Klondike Ct, Chico, CA
0.22
Multi-Family Home
$730,000
04/10/26
16
8
5,376
703 W 2nd Ave, Chico, CA
0.17
Multi-Family Home
$975,000
04/02/26
16
8
4,800
1199 Citrus Ave #1/2 & 1, Chico, CA
0.32
Multi-Family Home
$405,000
06/01/26
4
2
1,728
325 W 1st Ave, Chico, CA
0.46
Multi-Family Home
$405,000
11/28/25
4
3
1,808
728 W Sacramento Ave, Chico, CA
0.33
Multi-Family Home
$1,025,000
10/23/25
19
10
5,828
831 Rio Chico Way, Chico, CA
0.84
Multi-Family Home
$530,000
02/17/26
7
3
1,956
340 Oak St, Chico, CA
1.13
Multi-Family Home
$600,000
04/01/26
11
5
3,980

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 8 Lorayne Ct.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

The Avenues
See Local Highlights
Neighborhood stats provided by third party data sources.

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

  • 32 % Say streets are well-lit

  • 30 % Say there's wildlife

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s very peaceful a lot of the time! Sometimes there will be fireworks around holidays and weirdos speeding, but other than that, it’s nice"
    5
    Flag
  • Trulia User
    "Lots of people walk their dogs, very few pick up after them and most couldn’t care less about leash laws. It is quite unfortunate considering Chico is home to so many parks."
    0
    Flag
  • Joann.bettencourt
    "Block parties, pot lucks, tight knit community. Cul de sac where kids can run and play while parents socialize."
    1
    Flag
  • Tommyross20
    "-Farmers market -Local restaurants and taco trucks are some of the best food you’ll eat. -Being close to chico state campus adds being able to have a gym close by. "
    0
    Flag
  • Kim T.
    "Lots of students, within walking area of college and downtown area. Definitely not for families, college life!"
    25
    Flag
  • Carmen
    "Farmers market Bidwell Lots of outdoor activity and close to good schoolsAble to ride your bike anywhere from this point and close the hospital Chico state theater arts good culture character of homes in the area easy access to the freewaysIt is affordable for young families in a good place to raise childrenThis is a place someone would want to stay for the rest of their life even long after the children are gone and have finish school"
    1
    Flag
  • Bkeen19
    "we do church events and help feed the homeless, we have a christmas and summer stroll down plumas street during their seasons, and walk to local gas stations. The community is calm and quite and it in the middle of the country. "
    1
    Flag
  • Joann b.
    "The neighbors are super friendly. Great place to raise kids. Houses are custom, neighborhood is safe. Everyone knows each other. Lots of kids. The best neighborhood in Chico. "
    0
    Flag
  • rhs
    "Good area for families and serious college students/young professionals. Its about a 15 min bike ride to the university/downtown & Chico high school. There is a small and clean park near by for dogs and a pretty good elementary school. An fancy Chinese restaurant and Omelette/Dining house is in a walking distance. Massage and spa near. But most of your entertainment needs will be downtown or on the east side of town which is still only a 10 min drive away or 15-20 biking (such as movie theaters). Not many college students live around here and the ones that do are pretty peaceful. The train is nearby but it is never bothersome and esplanade street can get crowded during 8am (work and highschool/univesity) and off hours 5pm. However, Chico "traffic" means it takes you 15 minutes instead of 10 mins to get across town. Which is honestly still pretty good compared to other cities."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

162 pet-friendly rentals in Chico, CA

Explore by feature - Garage

68 rentals with a garage in Chico, CA

Explore by feature - Air Conditioning

229 rentals with air conditioning in Chico, CA

Explore by feature - Pool

75 rentals with a pool in Chico, CA

Explore by feature - Washer/dryer

257 rentals with a washer/dryer in Chico, CA

Explore by feature - Outdoor Space

63 rentals with an outdoor space in Chico, CA

Homes for sale near 8 Lorayne Ct

Skip to last item
Skip to first item

Off Market Homes Near 8 Lorayne Ct

Skip to last item
Skip to first item
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