1043 Thermalito, Oroville, California 95965, Oroville, 95965 - 2 bed, 1 bath
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Oroville, California 95965
Analysis of 1043 Thermalito, Oroville, California 95965 is currently available with a list price of $283,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oroville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is well-maintained but reflects its 1951 construction with outdated styles. The kitchen features older tile countertops and painted cabinetry, while the interior has dated linoleum and carpet flooring. While functional and move-in ready, the home lacks modern renovations and contemporary finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 493360576, living area = 1140.
The inclusion of a separate ADU provides exceptional versatility for rental income, a home office, or multigenerational living arrangements, significantly increasing the property's investment value.
Ideally situated near Highway 70 and 99, this property offers convenient access to downtown Oroville, local schools, and outdoor recreation at Lake Oroville.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =493360576, other record lot size in square feet = 11325.
Originally constructed in 1951, the property may require modernization of its core systems or cosmetic updates to meet contemporary buyer expectations.
With only one bathroom in the main residence, the layout may present logistical challenges for larger households or when hosting guests.
Location, location! This charming 2-bedroom, 1-bath home sits on a generous .26 acre lot and includes possible extra living quarters, offering incredible flexibility for multigenerational living, rental income, or an owner-occupant investment opportunity. The main home features a spacious living room, a functional kitchen with ample storage, and comfortable bedrooms. The property also offers a fenced yard, covered carport, and abundant parking for vehicles, recreational toys, and guests. Ideally located near Hwy 70, Hwy 99, schools, downtown, and Lake Oroville, this property combines convenience, versatility, and potential in one great package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,140 | 1,280 | 32% |
| Lot Size | 493,360,576 | 10,019 | 98% |
| Price | $284.0K | $286.5K | 47% |
| Price per sq ft | $249 | $222 | 66% |
| Built year | 1951 | 1962 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 183 | 2% |
Apr 1, 2026
$283,999
Initial Listing