1617 Arcadian, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
This Value-Add Residential Asset is listed at $379,900, positioned accurately relative to its $373,577 Fair Market Value. With a Condition Rating of 4, the 1952 structure is functional but requires strategic modernization to unlock its full appreciation potential. Key features include a backyard pool, RV parking, and a bonus room, all located in the desirable "Avenues" neighborhood near Enloe Medical Center and Chico State University. This prime location within the Chico Unified district drives consistent tenant and buyer demand. It represents a solid acquisition for Buy-and-Hold Investors or Owner-Occupants looking to force appreciation through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 Arcadian Subject | $359,000* List Price | 3 | 2 | 1,234 | $291 | - |
A 1407 Sunset Avenue Sold | $398,000 | 3 | 2 | 1,344 | $296 | 0.9 mi |
B 236 West 1st Avenue Sold | $367,000 | 3 | 2 | 1,068 | $344 | 0.4 mi |
C 1627 Arcadian Avenue Sold | $405,000 | 3 | 2 | 1,226 | $330 | 0.0 mi |
D 14 Knotts Glen Court Sold | $450,000 | 3 | 2 | 1,494 | $301 | 0.7 mi |
E 1421 Hobart Street Active | $375,000 List Price | 3 | 2 | 1,248 | $300 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is functional and maintained but significantly outdated. The kitchen features older tile countertops and cabinetry, while the interior shows dated wood paneling, older light fixtures, and a mix of flooring that lacks modern cohesion. While the property includes desirable features like a pool, it requires cosmetic updates and modernization throughout to meet current quality standards.
Situated in the highly desirable 'Avenues' neighborhood, the property is steps from Enloe Medical Center and minutes from Chico State and downtown, offering exceptional convenience and high rental demand.
The home features a private backyard pool and dedicated space for RV or boat parking, which are rare and high-value additions for a property at this price point.
With three bedrooms plus a bonus room and a second-story balcony, the floor plan offers more flexibility and living options than typical 1950s bungalows.
Built in 1952 and marketed for its 'potential,' the home likely requires significant cosmetic or structural updates to meet modern standards, necessitating additional capital investment.
At 1,234 square feet, the inclusion of three bedrooms and a bonus room suggests that individual room sizes may feel small or constrained for some buyers.
Located in the desirable “Avenues” neighborhood, this home offers 3 bedrooms, 2 bathrooms, a bonus room, a second-story balcony, a backyard pool, and ample parking with room for an RV or boat. Next to Enloe Medical Center and just minutes from Chico State University, downtown Chico, and Citrus Elementary, this location is as convenient as it is desirable. Full of charm and potential, this property is ideal for buyers looking to invest, update, or create their vision in a prime Chico location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,234 | 1,663 | 24% |
| Lot Size | 6,534 | 8,712 | 29% |
| Price | $359.0K | $442.5K | 18% |
| Price per sq ft | $291 | $292 | 50% |
| Built year | 1952 | 1964 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 182 | 179 | 54% |
Apr 20, 2026
$359,000
$360,000
+0% Price Increase
Initial Listing
Mar 22, 2026
$360,000
$379,900
-5% Price Drop
Initial Listing
Mar 12, 2026
$379,900
Initial Listing
Oct 22, 2025
$400,000
Initial Listing