
Chico, California 95926
This Single Family Residence is a Strong Value Opportunity, listed at $415,000—positioned well below the $417,267 Fair Market Value by 0.54%. This valuation gap offers $2,267 in Instant Equity. The property maintains a Condition Rating of 3, featuring a well-kept interior and an expansive 8,712 sqft lot. Its prime location across from a hospital and park ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, centrally located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 W 6th Ave Subject | $415,000* List Price | 2 | 2 | 1,272 | $328 | - |
A 432 W 6th Sold | $392,000 | 2 | 1 | 1,256 | $312 | 0.2 mi |
B 1609 Citrus Sold | $399,000 | 3 | 2 | 1,322 | $302 | 0.1 mi |
C 1617 Arcadian Sold | $350,000 | 2 | 2 | 1,234 | $284 | 0.1 mi |
D 243 W 3rd Avenue Sold | $380,000 | 3 | 2 | 1,261 | $301 | 0.3 mi |
E 1421 Hobart Street Sold | $360,000 | 3 | 2 | 1,248 | $288 | 0.3 mi |
F 1224 Spruce Sold | $475,000 | 3 | 2 | 1,431 | $332 | 0.6 mi |
G 2321 Eugene Avenue Sold | $427,500 | 3 | 2 | 1,378 | $310 | 0.8 mi |
H 1516 Arbutus Pending | $350,000 List Price | 2 | 1 | 1,223 | $286 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1961, the property appears well-maintained and move-in ready. Interior photos show updated paint, clean flooring, and a refreshed bathroom vanity, suggesting a renovation or significant maintenance within the last 5-15 years. The exterior and landscaping are tidy, indicating consistent upkeep.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1272.
Situated directly across from a hospital and park, and within walking distance to downtown and the local college, this property offers unparalleled convenience for professionals and students.
The generous 8,712 square foot lot provides ample space for outdoor entertaining, gardening, or potential future expansions, which is a significant asset in a central urban setting.
Built in 1961, the property may require updates to its core systems or interior finishes to meet modern energy efficiency and aesthetic standards.
Featuring only two bedrooms, the home may have limited appeal for larger families or buyers seeking dedicated home office spaces without sacrificing guest accommodations.
Location, location, location! Ideally situated just across the street from the hospital and a neighborhood park with a playground, this home places convenience at your doorstep. Enjoy quick access to the local college, vibrant downtown shops and restaurants, schools, and everyday amenities. Whether you're looking for an investment opportunity or a place to call home in the future, you'll appreciate the ease and accessibility this central location provides. * Home is tenant occupied and subject to an active lease * NOTE- All photos have been virtually staged to protect current tenant(s) privacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,272 | 1,721.208 |
| Lot Size | 8,712 | 8,138.524 |
| Price | $415.0K | $494.6K |
| Price per sq ft | $326 | $304 |
| Built year | 1961 | 1992 |
| HOA | $0 | $166 |
| Days on market | 45 | 54 |
Jul 26, 2026
$415,000
Initial Listing