2835 San Verbena Way, Chico, California 95973, Chico, 95973 - 4 bed, 2 bath
Loading property details...
2835 San Verbena Way
Chico, California 95973
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,523Sq Ft
12,197Lot Size
Property Price
LIST PRICE$429,000
EST. MARKET VALUE
$432,031
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $429,000—positioned well below the $432,032 Fair Market Value by 0.7%. This valuation gap offers $3,032 in Instant Equity. Featuring a Fair Condition Rating, the home requires cosmetic updates to modernize its 1969 interior. The expansive 12,197 sq. ft. lot, RV access, and multiple outbuildings provide significant utility. Located near McManus Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$432,031
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2835 San Verbena Way Subject 4 bd · 2 ba · 1,523 sqft · $284 | $429,000* List Price | 4 | 2 | 1,523 | $284 | - |
A 58 Satinwood Way Sold 3 bd · 2 ba · 1,522 sqft · $319 · 0.5 mi | $485,000 | 3 | 2 | 1,522 | $319 | 0.5 mi |
B 10 Turnbridge Welles Sold 3 bd · 2 ba · 1,367 sqft · $307 · 0.2 mi | $419,000 | 3 | 2 | 1,367 | $307 | 0.2 mi |
C 2560 North Avenue Sold 2 bd · 1 ba · 1,214 sqft · $342 · 0.4 mi | $415,000 | 2 | 1 | 1,214 | $342 | 0.4 mi |
D 2530 Ceres Sold 3 bd · 2 ba · 1,152 sqft · $334 · 0.5 mi | $385,000 | 3 | 2 | 1,152 | $334 | 0.5 mi |
E 29 La Bella Court Sold 3 bd · 2 ba · 1,586 sqft · $258 · 0.7 mi | $409,000 | 3 | 2 | 1,586 | $258 | 0.7 mi |
F 588 El Reno Dr Sold 3 bd · 2 ba · 1,260 sqft · $333 · 0.7 mi | $420,000 | 3 | 2 | 1,260 | $333 | 0.7 mi |
G 2565 Mariposa Avenue Sold 3 bd · 2 ba · 1,596 sqft · $279 · 0.9 mi | $445,000 | 3 | 2 | 1,596 | $279 | 0.9 mi |
H 63 Glenbrook Court Active 4 bd · 2 ba · 2,051 sqft · $258 · 0.2 mi | $530,000 List Price | 4 | 2 | 2,051 | $258 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is over 50 years old but has received some maintenance including energy-efficient dual-pane windows and fresh interior paint. However, the interior remains dated with popcorn ceilings and older carpeting, requiring cosmetic updates to the kitchen and baths to meet modern standards.
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 = 12197, living area = 1523.
- Expansive Lot & RV Access
Situated on a large 12,197 sq. ft. corner lot, the property features a double gate for convenient RV or equipment parking, providing significant utility for outdoor enthusiasts.
- Versatile Outbuildings
The inclusion of a 12x20 wood Tuff shed, plus two additional storage sheds, offers exceptional space for a workshop, studio, or extensive storage needs.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is being sold in 'as-is' condition, which requires the buyer to assume all responsibility for potential repairs and necessary inspections.
- Modernization Needs
Built in 1969, the home requires cosmetic and functional updates to bring it up to contemporary standards and maximize its market value.
About 2835 San Verbena Way
The sounds of music may exude from the walls of this 1969 built 4 bedroom 2 bath home of good memories. Formally the home of a renown and well admired violin master teacher of Chico. Interior has been freshly painted. Energy efficient dual pane windows throughout. Refrigerator, washer and dryer included. In the living room, enjoy the beautiful brick gas fireplace, hearth and the woodbox for handy storage. Double access to backyard covered patio is through the kitchen dining area plus the master bedroom. Situated on a large corner lot, the fenced backyard offers a double gate access for RV or equipment parking. Need a man cave or she-shed? You got it with this 12X20 wood Tuff shed. There is also a Rubbermaid 8x8 shed, and a metal 10X10 shed for storage too. Walking distance to McManus Elementary School, Rotary Park on Ceres and 1 block to Chico City Transit Bus Stop. Property is being sold "AS IS, AS VIEWED". Buyer to conduct any and all inspections to satisfy self. Priced to sell with alittle updating to make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,523 | 1,720.576 |
| Lot Size | 12,197 | 7,994.042 |
| Price | $429.0K | $487.0K |
| Price per sq ft | $282 | $303 |
| Built year | 1969 | 1992 |
| HOA | $0 | $154 |
| Days on market | 5 | 56 |
Pricing History
Listed for Sale
Oct 20, 2026
$429,000
Initial Listing