3250 Spencer Avenue, Oroville, California 95966, Oroville, 95966 - 3 bed, 1 bath
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Oroville, California 95966
This property presents a High-Potential Investment Opportunity with a List Price of $219,900—positioned well below the $208,837 Fair Market Value by -5%. While the home maintains a Condition Rating of 4, the 0.16-acre fully fenced lot and three-bedroom layout provide significant utility for the footprint. The structure requires system evaluations and cosmetic updates, offering a clear path for forced appreciation. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Oroville market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3250 Spencer Avenue Subject | $189,900* List Price | 3 | 1 | 864 | $217 | - |
A 2311 A Sold | $165,000 | 2 | 1 | 936 | $176 | 0.1 mi |
B 2730 Fay Way Sold | $230,000 | 3 | 1 | 1,053 | $218 | 0.6 mi |
C 2152 Greenville Active | $215,000 List Price | 2 | 1 | 912 | $236 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property shows signs of a cosmetic refresh (paint and flooring) but retains a dated kitchen with older cabinetry and laminate counters likely 15-25 years old. The use of a window AC unit suggests a lack of modern central HVAC, and the overall age of the structure indicates a need for system evaluations and modern updates.
Priced competitively at $219,900, this property offers an accessible entry point for first-time homebuyers or investors looking for a high-potential rental opportunity in the Oroville market.
The 0.16-acre lot is fully fenced, providing a secure and private outdoor space that is ideal for gardening, pets, or recreational activities, adding significant value to the residential experience.
Despite its compact footprint, the home features three bedrooms, providing more functional sleeping quarters and versatility than typically found in properties under 900 square feet.
With only 864 square feet of living space, the interior layout may feel cramped, particularly with a three-bedroom configuration that likely results in very small individual room sizes.
The single-bathroom setup for a three-bedroom home can be a significant inconvenience for families or multi-occupant households, potentially impacting the property's long-term resale appeal.
This 3-bedroom, 1-bathroom home sits on a spacious 0.16-acre lot in Oroville, offering comfortable living with serious outdoor potential and a full laundry room. The fully fenced yard is the standout feature - it offers plenty of room for gardening, pets, kids, or weekend get-togethers, along with the privacy and security a fence provides. Conveniently located with easy access to local amenities and the natural beauty Oroville offers, this home is a great fit for first-time buyers, growing families, or investors seeking a solid opportunity. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,446 |
| Lot Size | 6,969.6 | 10,890 |
| Price | $189.9K | $317.2K |
| Price per sq ft | $220 | $217 |
| Built year | 1940 | 1963 |
| HOA | $0 | $36 |
| Days on market | 35 | 68 |
Jul 1, 2026
$189,900
$219,900
-14% Price Drop
Initial Listing
Jun 17, 2026
$219,900
Initial Listing
Jun 14, 2004
$57,500
Public Record