2102 Kennedy Avenue, Chico, California 95973, Chico, 95973 - 3 bed, 1 bath
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2102 Kennedy Avenue
Chico, California 95973
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
1Baths
1,030Sq Ft
9,148Lot Size
Property Price
LIST PRICE$289,000
EST. MARKET VALUE
$288,145
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned slightly above the $287,523 Fair Market Value. While the property requires a vision, its Fair Condition Rating is bolstered by essential infrastructure updates, including a newer HVAC system and dual-pane windows. The C2 Zoning and expansive 0.21-acre lot provide significant utility for commercial or residential development. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project with flexible land-use potential in Chico.
Estimated Market Value
$288,145
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 62 years old and described as needing a 'vision' and 'remodel,' placing it in the dated category. However, it maintains a 'fair' rather than 'poor' rating due to significant updates to major systems and components, including a newer HVAC system, dual-pane vinyl windows, and newer laminate flooring.
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 = 9148, living area = 1030.
- Versatile C2 Zoning
The property features C2 zoning in Butte County, offering unique flexibility for investors or business owners to explore commercial or mixed-use development potential beyond standard residential use.
- Essential Infrastructure Updates
Key high-cost components have already been addressed, including a newer HVAC system, dual-pane vinyl windows, and updated laminate wood flooring throughout much of the home.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may be restrictive for modern families and could impact its overall marketability and value.
- Renovation Required
The property is positioned as a fixer-opportunity requiring a 'vision,' suggesting that significant additional investment is needed to modernize the space and reach its full potential.
About 2102 Kennedy Avenue
Bring your vision to this 3-bedroom, 1-bath home situated on a spacious 0.21-acre in Butte County. Whether you're an investor, business owner, or buyer looking for a property with potential, this is an opportunity worth exploring. The home features several valuable updates already in place, including a newer HVAC system, dual-pane vinyl windows, and newer laminate wood flooring throughout much of the home. Outside, you'll find an attached 2-car garage, RV or boat parking, and a generously sized lot offering room to maximize its potential. Remodel the existing home, create the space you've been dreaming of, or explore the possibilities this zoning may offer. Buyers are encouraged to verify all zoning, permitted uses.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,030 | 1,721.208 |
| Lot Size | 9,148 | 8,138.524 |
| Price | $289.0K | $494.6K |
| Price per sq ft | $281 | $304 |
| Built year | 1962 | 1992 |
| HOA | $0 | $166 |
| Days on market | 42 | 54 |
Pricing History
Listed for Sale
Jul 29, 2026
$289,000
Initial Listing