
Chico, California 95926
This Dual-Residence Turnkey Property is a High-Potential Investment Opportunity, listed at $438,000—positioned well below the $508,320 Fair Market Value by 13%. This valuation gap offers $70,320 in Instant Equity for buyers. Both homes feature a Turnkey Condition Rating with quartz countertops, mahogany cabinetry, and a serene Creek View. Situated in the Chico Unified School District on a .32-acre lot, the property provides significant rental upside or multi-generational flexibility. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1242 Bidwell Avenue Subject | $438,000* List Price | 4 | 2 | 1,900 | $268 | - |
A 1429 Scottsdale Court Sold | $520,000 | 3 | 2 | 1,971 | $264 | 0.7 mi |
B 1528 Bidwell Drive Sold | $430,000 | 3 | 1 | 1,751 | $246 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1946, both the main house and the detached ADU have undergone extensive recent renovations, making the property fully turnkey. The interiors feature new laminate flooring and carpets, modern light fixtures, and updated kitchens with quartz countertops and stainless steel appliances. The bathrooms have been tastefully remodeled with contemporary tile work and walk-in showers. Additionally, the property boasts significant system upgrades including newer central HVAC, new attic insulation, and dual-pane windows throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1900.
The property features two separate, updated homes on a single lot, offering exceptional versatility for multi-generational living or significant rental income opportunities.
Both residences have been extensively renovated with high-end finishes including quartz countertops, mahogany cabinetry, newer central HVAC, and dual-pane windows, ensuring a move-in-ready experience.
Despite the modern cosmetic and system updates, the 1946 original construction may still present layout limitations or maintenance needs typical of older homes.
With two dwellings occupying the same parcel, residents may experience reduced outdoor privacy and shared utility access compared to a standard single-family residence.
TWO homes on one lot located on the highly sought after Bidwell Avenue. Do we need to say more?! These darling homes have been brought back to life with updates galore. As you enter the main home on the property, you are immediately greeted by new warm laminate flooring, a bright living room, and an expansive built-in for all of your books and trinkets. Into the kitchen, there is a cozy breakfast nook, stainless steel appliances, mahogany cabinetry, quartz counters, and tongue and groove paneling really bringing in the farmhouse feels. Through the kitchen is the spacious laundry room and pantry offering extra storage and access to the yard. Two of the bedrooms have new carpet, modern closet doors, and ceiling fans, while the third bedroom down the hall could be used as a flex room, office, or play area. The bathroom has been tastefully updated with a fun floor tile, walk-in shower, and new vanity. The detached ADU on this property is as cute as a button and the definition of Chico Charm. Inside, the space is functional, yet spacious enough for comfortable living. Featuring new laminate flooring, a big window for natural light, and an updated kitchen with quartz counters, a stylish backsplash, and white appliances. There is a built-in linen closet that leads you into the updated bathroom with another fun floor tile, walk-in shower, and updated fixtures. The bedroom is light and bright with a sliding glass door that leads to a screened in patio that is perfect for the upcoming Chico summer nights. Outside the expansive .32 acre lot that extends to the alley has plenty of room for gardening, outdoor activities or even a pool. Other notable features of this property include, newer central heat and air, new attic insulation, new paint, new light fixtures, and dual pane windows. This property has so much character and charm while being turnkey and has the possibility of multi-generational living, generating rental income, or simply being a place for you to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,900 | 1,700 | 71% |
| Lot Size | 13,939.2 | 8,712 | 84% |
| Price | $438.0K | $440.0K | 50% |
| Price per sq ft | $231 | $290 | 18% |
| Built year | 1946 | 1964 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 177 | 1% |
Apr 17, 2026
$438,000
Initial Listing