2061 Rochester, Chico, California 95928, Chico, 95928 - 3 bed, 2 bath
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Chico, California 95928
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $357,878 Fair Market Value by -4%. While the home has a Fair Condition Rating, the inclusion of 35 solar panels and RV parking provides immediate utility-cost savings and functional versatility. Located near Little Chico Creek Elementary and Marsh Junior High, the home offers a strategic foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2061 Rochester Subject | $375,000* List Price | 3 | 2 | 1,320 | $284 | - |
A 15 Sir Andrew Court Sold | $350,000 | 3 | 2 | 1,184 | $296 | 0.5 mi |
B 1871 Auburn Oak Way Sold | $404,500 | 3 | 2 | 1,316 | $307 | 0.7 mi |
C 1809 Roth Sold | $435,000 | 3 | 2 | 1,472 | $296 | 0.9 mi |
D 18 Morning Rose Sold | $430,000 | 3 | 2 | 1,600 | $269 | 0.6 mi |
E 2185 Huntington Pending | $419,900 List Price | 3 | 2 | 1,186 | $354 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the home falls into the 'Fair' category as it is over 20 years old and shows signs of being dated. While the kitchen has stainless appliances, the bathrooms and laundry retain original oak cabinetry. Visual evidence of unfinished repairs (exposed framing/drywall around an interior door) and peeling paint on exterior eaves indicate a need for minor repairs and modernization, consistent with the listing's suggestion to 'build equity'.
The inclusion of 35 solar panels is a significant value-add that drastically reduces monthly utility costs, a major selling point for budget-conscious buyers.
Ideally situated near Little Chico Creek Elementary, Marsh Junior High, and the vibrant Meriam Park, offering excellent convenience for families and commuters.
The property features rare RV parking, additional gated parking, and a dedicated storage pad, providing exceptional utility for homeowners with multiple vehicles or outdoor gear.
At 4,792 sq ft, the lot is relatively small, which limits backyard space for gardening, play areas, or significant outdoor entertaining.
While the kitchen is updated, the listing's emphasis on 'building equity' and 'potential' suggests other areas of the home may require cosmetic or functional upgrades.
Opportunity meets location in this 3 bedroom, 2 bath home offering 1,320 sq ft of potential in a convenient Chico neighborhood close to Little Chico Creek Elementary School, Marsh Junior High School, and just a few blocks from Meriam Park. Inside, you’ll find a light and bright updated kitchen featuring stainless steel appliances, vaulted ceilings in the living room, a cozy gas fireplace, and laminate flooring throughout the home. Energy-conscious buyers will appreciate the benefit of 35 solar panels helping keep utility costs low. Outside, the low-maintenance yard offers easy upkeep, RV parking, potential for additional behind-the-gate parking, and a dedicated pad ready for a future storage shed. Conveniently located near shopping, restaurants, and everyday amenities, this property is ideal for buyers looking to build equity and make a home their own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,320 | 1,797 |
| Lot Size | 4,792 | 8,276 |
| Price | $375.0K | $496.1K |
| Price per sq ft | $284 | $301 |
| Built year | 2001 | 1992 |
| HOA | $0 | $196 |
| Days on market | 76 | 52 |
May 7, 2026
$375,000
Initial Listing
Jun 13, 2005
$320,000
Public Record
Jun 13, 2001
$146,500
Public Record