48 Hoover, Oroville, California 95966, Oroville, 95966 - 2 bed, 1 bath
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Oroville, California 95966
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48 Hoover Subject | $250,000* List Price | 2 | 1 | 1,050 | $246 | - |
A 5640 Farley Street Sold | $235,000 | 3 | 1 | 1,023 | $230 | 0.8 mi |
B 12 Rosita Sold | $240,000 | 3 | 2 | 1,060 | $226 | 0.6 mi |
C 2673 Forestview Sold | $235,000 | 2 | 1 | 954 | $246 | 0.6 mi |
D 5824 Vista Del Cerro Active | $279,500 List Price | 3 | 1 | 1,130 | $247 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
Built in 1957, the home likely requires modernization of its core systems and cosmetic updates to meet the expectations of contemporary buyers.
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.
Exceptional opportunity in Oroville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 1,050 | 1,476.5 | 18% |
| Lot Size | 7,405.2 | 14,375 | 25% |
| Price | $250.0K | $322.0K | 31% |
| Price per sq ft | $238 | $214 | 69% |
| Built year | 1957 | 1973 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 155 | 3% |
May 18, 2026
$250,000
Initial Listing
Jun 22, 2006
$50,000
Public Record