
Oroville, California 95966
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well below the $284,969 Fair Market Value by 3%. This valuation gap offers $9,969 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires modernization, yet the 18,295 sq. ft. lot provides significant upside for expansion or ADU development. This is a value-add acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4771 Ve Subject | $275,000* List Price | 3 | 1 | 1,014 | $281 | - |
A 197 Brookdale Court Active | $339,000 List Price | 3 | 2 | 1,093 | $310 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no evidence of major renovations. The kitchen features original-style cabinetry and dated appliances, while the living areas show an outdated wall heater and worn flooring. Visible maintenance issues, such as a closet door off its track and aged carpets, combined with the 'investor' focused description, indicate the home needs a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 1014.
The massive 18,295 sq. ft. lot provides rare flexibility for RV/boat parking, gardening, or constructing a detached shop or ADU, offering significant outdoor utility.
Ideally situated within minutes of elementary, middle, and high schools, making it a highly convenient and desirable location for families with children.
With three bedrooms but only one bathroom, the layout may pose functional challenges for larger households and could impact future resale appeal.
Built in 1964 and marketed as an opportunity to 'make it your own,' the home likely requires modernization and updates to meet contemporary aesthetic and efficiency standards.
Opportunity awaits with this charming 3-bedroom, 1-bath home situated on an expansive 18,295 sq. ft. lot in Oroville. Offering 1,014 sq. ft. of living space, this property combines comfortable living with exceptional outdoor potential.The lot provides plenty of room for gardening, entertaining, RV or boat parking, future shop space, or simply enjoying the privacy and open space. Whether you're a first-time homebuyer, investor, or someone looking for room to expand, this property offers endless possibilities.Conveniently located just minutes from local schools, shopping, dining, and everyday amenities, you'll appreciate the easy access to Las Plumas High School, Oakdale Heights Elementary, Ishi Hills Middle School, Las Plumas Plaza, and downtown Oroville. With its generous lot size, desirable location, and opportunity to make it your own, this property is one you won't want to miss!
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 | 1,014 | 1,446 |
| Lot Size | 18,295 | 10,890 |
| Price | $275.0K | $317.2K |
| Price per sq ft | $271 | $217 |
| Built year | 1964 | 1963 |
| HOA | $0 | $36 |
| Days on market | 16 | 68 |
Jul 6, 2026
$275,000
Initial Listing
Mar 24, 2008
$130,000
Public Record
May 6, 2004
$165,500
Public Record