1530 Oleander Avenue, Chico, California 95926, Chico, 95926 - 5 bed, 2 bath
Loading property details...
1530 Oleander Avenue
Chico, California 95926
ACTIVE
CONDITION: POOR
5Beds
2Baths
2,686Sq Ft
30,492Lot Size
Property Price
LIST PRICE$449,000
SUMMARY
Analysis of 1530 Oleander Avenue, Chico, California 95926 is currently available with a list price of $449,000. 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1914 with no evidence of recent renovations, this property exhibits severe structural and safety defects. Interior images show collapsing ceiling plaster and missing floorboards, while the listing explicitly describes it as a 'major fixer-upper' and 'development project' requiring substantial rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30492, living area = 2686.
- Significant Development Potential
The massive 0.7-acre lot with R1 zoning and alley access offers a rare 'clean canvas' for adding ADUs, a multi-unit layout, or a large-scale residential project.
- Active Utility Infrastructure
Unlike many development sites, all core utilities—including public sewer, water, electricity, and natural gas—are already active and on-site, saving significant time and cost.
CONSRISKS & DEFICIENCIES
- Extensive Rehabilitation Required
Sold strictly as-is as a major fixer-upper, the property requires a total overhaul, which will necessitate significant capital investment and construction expertise.
- Financing Constraints
Due to its 'major fixer' status and as-is condition, the property likely will not qualify for traditional financing, limiting the buyer pool primarily to cash or hard-money investors.
About 1530 Oleander Avenue
Investor Opportunity in the East Avenues! Being sold strictly As-Is as a major fixer-upper/development project. This expansive property features a massive 0.7-acre single parcel (APN ending in 19000) boasting highly desirable alley access. Recent professional tree work and complete lot debris removal have already been completed, leaving a clean, level canvas for development or substantial rehabilitation. The 1914 structures retain classic historic charm ready to be brought back to life. All core utilities are already on-site and active, including public sewer, public water, electricity, and natural gas connections. Zoned R1. Incredible potential for an ADU addition, multi-unit layout, or a passion project.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1914
- Lot Size
- 30,492 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,686 | 1,721.208 |
| Lot Size | 30,492 | 8,138.524 |
| Price | $449.0K | $494.6K |
| Price per sq ft | $167 | $304 |
| Built year | 1914 | 1992 |
| HOA | $0 | $166 |
| Days on market | 55 | 54 |
Pricing History
Listed for Sale
Jul 16, 2026
$449,000
Initial Listing
Sold
Feb 18, 2025
$405,000
Public Record