119 Macdonald, Chico, California 95926, Chico, 95926 - 3 bed, 1 bath
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Chico, California 95926
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $309,674 Fair Market Value by 3%. This valuation gap secures $9,674 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the 1952 structure offers classic character and a spacious 8,276 sqft lot with a private patio, providing significant room for forced appreciation through modernization. Located in the Chico Unified district, this is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-utilization lot in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 Macdonald Subject | $290,000* List Price | 3 | 1 | 960 | $318 | - |
A 2115 Algonkin Avenue Sold | $365,000 | 4 | 1 | 1,040 | $351 | 0.4 mi |
B 977 Sarah Sold | $270,000 | 2 | 2 | 1,188 | $227 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is well-maintained and habitable but shows significant signs of being outdated. While it features charming elements like crown moulding and a gas fireplace, the kitchen and single bathroom reflect older styling and the 960 sqft layout is cramped for a three-bedroom configuration. The property lacks recent major renovations, making it a candidate for cosmetic and functional updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 960.
Situated in the heart of Chico, this property offers exceptional convenience and accessibility to local amenities, making it highly desirable for those seeking a central lifestyle.
With over 8,200 square feet of land, the spacious backyard provides ample room for gardening, entertaining, or potential future expansions, which is a significant asset for a home of this size.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At only 960 square feet for a three-bedroom layout, the interior may feel cramped, and the single-bathroom configuration could be a challenge for families or multiple occupants.
Built in 1952 and marketed as an opportunity to 'make it your own,' the property likely requires significant cosmetic or functional updates to meet modern buyer expectations.
Welcome to this 3-bedroom, 1-bath home located in the heart of Chico. With 960 square feet of comfortable living space, this home offers a functional layout and everyday practicality in a location that’s hard to beat. Inside, you’ll find crown moulding, ceiling fans throughout, and a gas fireplace that adds warmth to the living area. The three bedrooms provide flexibility for guests, a home office, or additional storage needs. Step outside to a spacious backyard with plenty of room to garden, entertain, or simply enjoy Chico evenings. The attached garage adds convenience and extra storage space. Centrally located and easy to maintain, this Chico home offers comfort, convenience, and the opportunity to make it your own over time.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 960 | 1,663 | 5% |
| Lot Size | 8,276 | 8,712 | 46% |
| Price | $290.0K | $442.5K | 5% |
| Price per sq ft | $302 | $293 | 59% |
| Built year | 1952 | 1964 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 177 | 5% |
Mar 24, 2026
$290,000
$300,000
-3% Price Drop
Initial Listing
Mar 12, 2026
$300,000
Initial Listing
Feb 21, 2026
$315,000
Initial Listing