
Chico, California 95926
Analysis of 1471 Hawthorne Avenue, Chico, California 95926 is currently available with a list price of $239,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is currently uninhabitable and in a shell state, having been stripped down to the studs for redevelopment. Built in 1935, it lacks a kitchen, bathrooms, flooring, and finished electrical or HVAC systems. While the structure is being preserved for rehabilitation rather than total demolition, it requires a complete interior build-out and substantial capital investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 880.
The .43-acre lot includes structures for a main home, guest unit, and workshop, offering a rare opportunity to create a multi-unit compound or high-value investment property.
Situated in a highly desirable Chico neighborhood near Bidwell Park and InMotion Fitness, the property’s location ensures strong long-term equity and market appeal.
Due to its current uninhabitable state, the property is limited to cash or hard money financing, which excludes traditional buyers and limits the pool of potential offers.
As a complete redevelopment project, it requires a substantial investment of time and capital to bring the structures to a finished, livable condition.
Bring your contractor and your vision - this property has already been taken down to the studs and is ready for redevelopment. Situated on a .43-acre lot in a prime Chico location near InMotion Fitness and Bidwell Park, this opportunity presents structures for a main home, guest unit, workshop, and various other outbuildings. The seller has submitted blueprints to the city (available upon request), and has a passing septic. Additionally, there are two well-built underground bunkers that add unique flexibility. This property will require cash or hard money financing. Ideal for investors, builders, or experienced buyers ready to take a project to completion.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 880 | 1,663 | 5% |
| Lot Size | 18,295 | 8,712 | 89% |
| Price | $239.0K | $442.5K | 4% |
| Price per sq ft | $272 | $292 | 40% |
| Built year | 1935 | 1964 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 177 | 5% |
Feb 25, 2026
$239,000
Initial Listing
Nov 27, 2024
$225,000
Public Record