
Chico, California 95926
This Condominium presents a High-Potential Investment Opportunity with a List Price of $208,000—positioned well above the $184,463 Fair Market Value by -12%. While the property features a Condition Rating of 4 with recent interior paint and flooring, the dated kitchen and bathrooms offer a clear path for value-add renovations. Amenities like the private courtyard, community pool, and 2-car carport enhance its appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, well-located asset in the Chico Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1154 Neal Dow Avenue Subject | $208,000* List Price | 2 | 2 | 1,152 | $160 | - |
A 1125 Sheridan Avenue 62 Active | $177,000 List Price | 2 | 2 | 1,009 | $175 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property has received cosmetic updates including newer flooring and interior paint, but the kitchen and bathrooms remain dated with older tile countertops and white appliances. While functional and move-in ready, the core systems and finishes are over 20 years old and require modernization.
The condo features newer flooring and interior paint, providing a fresh, move-in-ready aesthetic that reduces immediate renovation costs for first-time buyers or investors.
The property offers exceptional storage for its size, including walk-in closets in both bedrooms, a kitchen pantry, and a 2-car carport with an integrated storage unit.
A private courtyard between the unit and the carport provides a secluded outdoor space, a rare and highly desirable feature for condominium living.
The association fee of $460 per month is relatively high compared to the listing price, which may impact buyer affordability and overall monthly carrying costs.
Built in 1976, the property may require more frequent maintenance or future capital improvements typical of older multi-family developments.
Welcome to this charming 2 bedroom, 1.5 bathroom condo in a convenient location close to shopping, schools, dining, and everyday amenities. The main level offers a comfortable living space with newer flooring, newer interior paint, a half bathroom downstairs, and a functional kitchen with a pantry, laundry room, and mini fridge. Just off the dining room area, a sliding glass door leads to a private courtyard between the unit and the 2 car carport, which also includes storage. Upstairs, both bedrooms feature ceiling fans and walk-in closets, offering great storage and comfortable living spaces. The full bathroom includes a jetted tub, adding a nice touch of relaxation. The community pool is close by, making it easy to enjoy during the warmer months. With its practical layout, convenient amenities, and great location, this condo is a wonderful opportunity for a first-time buyer, investor, or anyone looking for low-maintenance living. Don’t miss this rare opportunity to own a condo in one of the area’s most desirable complexes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 960 | 85% |
| Lot Size | 871 | 871 | 50% |
| Price | $208.0K | $226.0K | 31% |
| Price per sq ft | $181 | $224 | 8% |
| Built year | 1976 | 1976 | 50% |
| HOA | $460.0 | $465 | 46% |
| Days on market | 4 | 142 | 8% |
Jun 2, 2026
$208,000
Initial Listing
Aug 12, 2015
$121,000
Public Record
Jan 16, 2009
$134,000
Public Record
Feb 27, 2004
$143,000
Public Record
Apr 30, 1999
$55,500
Public Record