48 Hoover, Oroville, California 95966, Oroville, 95966 - 2 bed, 1 bath
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48 Hoover
Oroville, California 95966
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,000Sq Ft
9,147.6Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$250,000
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $250,000—positioned well below the $258,581 Fair Market Value by 3%. This valuation gap offers $8,581 in Instant Equity. Featuring a Condition Rating of 3, the home includes a renovated kitchen and a large deck, though it retains vintage elements. With a generous lot size, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Oroville Union district.
Estimated Market Value
$250,000
Based on Realkey algorithm analyzing recent comparable sales in Oroville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48 Hoover Subject | $250,000* List Price | 2 | 1 | 1,000 | $250 | - |
A 38 Regent Sold | $295,000 | 3 | 1 | 925 | $319 | 0.4 mi |
B 5259 Farley Street Sold | $302,000 | 3 | 2 | 1,066 | $283 | 0.6 mi |
C 5640 Farley Street Sold | $235,000 | 3 | 1 | 1,023 | $230 | 0.8 mi |
D 2335 Via Canela Sold | $310,000 | 3 | 1 | 954 | $325 | 0.6 mi |
E 2330 Las Plumas Sold | $285,000 | 3 | 2 | 1,170 | $244 | 0.4 mi |
F 12 Rosita Sold | $240,000 | 3 | 2 | 1,060 | $226 | 0.6 mi |
G 5342 Becky Sold | $278,500 | 2 | 1 | 888 | $314 | 0.5 mi |
H 5824 Vista Del Cerro Active | $265,000 List Price | 3 | 1 | 1,130 | $235 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1957, the property has undergone significant interior updates including a renovated kitchen with oak cabinetry and stainless steel appliances (approx. 10-15 years old). The home features updated laminate flooring and is in move-in ready condition, though some dated elements like acoustic ceiling tiles and wall paneling remain.
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 = 7405, living area = 1050.
- Affordable Entry Point
Priced at $250,000, this property represents a highly accessible entry point into the California residential market, making it an attractive option for first-time buyers or investors.
- Generous Lot Size
The 7,405-square-foot lot provides a substantial amount of outdoor space relative to the home's footprint, offering potential for landscaping, gardening, or future property improvements.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 9147. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1050, other record living area = 768. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Vintage Infrastructure
Built in 1957, the home likely requires modernization of its core systems and cosmetic updates to meet the expectations of contemporary buyers.
- Limited Living Configuration
With only two bedrooms and a single bathroom, the 1,050-square-foot layout may be restrictive for growing families or those requiring a dedicated home office space.
About 48 Hoover
Welcome to a charming retreat in Oroville where comfort meets convenience in this two-bedroom, one-bath home. Spanning approx. 1,000 square feet, this residence has been thoughtfully refreshed and is ready to welcome its next owner. Recently painted interior, new range, water heater and newer carpet and dual pane windows. The fully fenced backyard offers a covered patio and a large shed for yard tools and storage. Close to shopping, schools and park
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 9,147.6 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,000 | 1,406.567 |
| Lot Size | 9,147.6 | 11,782.067 |
| Price | $250.0K | $328.3K |
| Price per sq ft | $250 | $227 |
| Built year | 1957 | 1972 |
| HOA | $0 | $36 |
| Days on market | 114 | 69 |
Pricing History
Listed for Sale
May 18, 2026
$250,000
Initial Listing
Sold
Jun 22, 2006
$50,000
Public Record