
Chico, California 95928
This Single Family Residence is a Prime Investment Opportunity, listed at $399,000—positioned well below the $408,254 Fair Market Value by 2%. This valuation gap offers $9,254 in Instant Equity. Featuring a new 2024 roof, energy-efficient windows, and a large cul-de-sac lot, the home maintains a Condition Rating of 3. Its proximity to CSUC and versatile layout make it a stable asset for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30 La Placita Subject | $399,000* List Price | 4 | 3 | 1,176 | $347 | - |
A 1625 Chico River Road Sold | $370,000 | 3 | 2 | 1,120 | $330 | 0.7 mi |
B 19 La Placita Pending | $380,000 List Price | 3 | 2 | 1,318 | $288 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1970, the property is well-maintained and move-in ready with significant recent capital improvements including a new roof (2024), new insulation, energy-efficient windows, and central HVAC. The interior features updated laminate flooring and crown moulding, though the kitchen and appliances appear functional but dated compared to a modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1176.
The property features significant high-value upgrades including a brand-new roof installed in 2024, new insulation, and energy-efficient windows, ensuring lower maintenance costs and improved utility efficiency.
Situated on a large cul-de-sac lot, the home boasts mature fruit trees, professional landscaping, a covered patio, and a pergola, providing an exceptional private retreat for outdoor living.
With four bedrooms and three bathrooms condensed into just 1,176 square feet, the individual room sizes and common areas may feel significantly cramped for larger households.
Despite modern updates, the home's 1970 construction may still harbor original architectural constraints or aging infrastructure typical of its era that could require future attention.
Welcome home to lush grounds, four bedrooms, finished attached garage, new roof in 2024, new insulation, all set on a coveted cul-de-sac location. Home is located close to CSUC in a quiet, west side setting of orchards and country roads. Home features laminate flooring, primary ensuite master, energy efficient windows, central heating and air, laundry area, crown moulding, and potential game room or office. The large lot features mature fruit trees of pomegranate, orange, dogwood, crepe myrtle, Chinese tallow, redwood and pine. Ornamental plants of jasmine, hydrangea, rose of Sharon, camelia, and roses complete the landscape and fenced garden area. Shady covered patio and pergola, and a convenient garden shed for your tools. To top it off the wide side yard can be configured for rv parking. Washer, dryer, and refrigerator all included in sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,176 | 1,656 | 23% |
| Lot Size | 8,276 | 6,970 | 64% |
| Price | $399.0K | $474.6K | 29% |
| Price per sq ft | $339 | $302 | 76% |
| Built year | 1970 | 1991 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 138 | 2% |
Jun 4, 2026
$399,000
Initial Listing
Jul 27, 2012
$160,000
Public Record