
Chico, California 95926
This Value-Add Residential Asset represents a strategic entry point into the Chico Unified market. Offered at a List Price of $319,000 with a current Fair Market Value of $232,122, the property requires a vision-driven renovation to unlock its Equity Building Potential. The home carries a Condition Rating of 5, yet benefits from high-value infrastructure including a newer roof, solar panels, and a spacious patio. With 4 bedrooms and 1,619 square feet of living space, this is a high-potential project for Fix-and-Flip Investors or Contractors ready to capitalize on forced appreciation.
Property is extensive renovation needed.
Built in 1989 and described as needing significant TLC, this property requires substantial rehabilitation to be move-in ready. While the newer roof and solar panels are structural assets, the interior is characterized as a blank canvas requiring extensive updates to the kitchen, bathrooms, and flooring, which may limit traditional financing options.
The property includes solar panels and a newer roof, providing a significant head start on major infrastructure improvements and offering long-term utility savings.
Positioned as a prime fixer-upper, this home offers investors or sweat-equity buyers the opportunity to add substantial value through strategic renovations in a well-established neighborhood.
With 4 bedrooms and over 1,600 square feet of living space, the property provides a functional and desirable footprint that is well-suited for growing families or rental purposes.
The home is in need of significant TLC and cosmetic updates, which will necessitate a substantial upfront investment of time and capital to bring it to modern standards.
Due to the property's current condition, it may face challenges qualifying for traditional financing, potentially limiting the buyer pool to cash investors or those using specialized renovation loans.
Opportunity Awaits! This 4-bedroom, 2-bath home is your chance to create something truly special in a well-established neighborhood. While the property is in need of significant TLC, it offers a solid foundation and endless potential for the right buyer with vision and creativity. Perfect for investors, flippers, or first-time buyers looking to build instant equity, this home is a blank canvas ready for transformation. Imagine redesigning the layout, updating the finishes, and turning this space into a modern, comfortable retreat tailored to your style. Adding even more value, the home features solar panels and a newer roof, giving you a strong head start on major upgrades and long-term energy savings. With generous living space and a desirable location, this property is ideal for those who see beyond the current condition and recognize the opportunity it presents. Bring your tools, ideas, and imagination—this diamond in the rough is ready to shine!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,619 | 1,663 | 46% |
| Lot Size | 6,534 | 8,712 | 29% |
| Price | $319.0K | $442.5K | 8% |
| Price per sq ft | $197 | $292 | 7% |
| Built year | 1989 | 1964 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 177 | 8% |
Feb 19, 2026
$319,000
Initial Listing