
Chico, California 95928
This property presents a Strong Value Opportunity with a List Price of $299,000—positioned well below the $280,203 Fair Market Value by -6%. While the home maintains a Condition Rating of 4, recent cosmetic updates including new flooring and a modern mini-split HVAC system provide a functional foundation. Its prime location, just a 12-minute walk to CSU Chico, ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-convenience property in a vibrant university district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 603 W 9th Subject | $290,000* List Price | 2 | 1 | 792 | $358 | - |
A 329 W 12th Street Sold | $335,000 | 2 | 1 | 984 | $340 | 0.3 mi |
B 131 W 18th Street Sold | $302,000 | 2 | 1 | 864 | $350 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this property has undergone recent cosmetic refreshes including newer flooring, countertops, and the addition of a modern mini-split HVAC system. However, the kitchen cabinetry and overall structure remain dated (15-30y+ style), and the home requires further modernization to move beyond basic functional condition.
The property is ideally situated within a 12-minute walk to both California State University, Chico and the downtown core, offering exceptional convenience for students and professionals.
Featuring new carpeting in the living room and updated kitchen countertops, the interior provides a refreshed feel that reduces the need for immediate post-purchase renovations.
Given its proximity to the university and downtown amenities, this home serves as a strong candidate for a high-demand rental property or a low-maintenance starter home.
With only 792 square feet of living area and a single bathroom, the property's small footprint may be a limiting factor for families or those requiring more spacious accommodations.
Built in 1927, the home may require ongoing maintenance or future upgrades to its aging structural and mechanical systems typical of properties from this era.
Welcome to this charming 2-bedroom, 1-bath home conveniently located in Downtown Chico. Inside, you'll find new carpet in the living room, spacious bedrooms, newer kitchen countertops, and the convenience of an in-unit laundry area. An attached storage unit provides plenty of extra space for bikes, seasonal items, or outdoor gear. Enjoy an unbeatable location just a 12-minute walk to both California State University, Chico and the vibrant shops, restaurants, and entertainment of Downtown Chico. Whether you're looking for a primary residence, an investment property, or housing close to campus, this home offers comfort, convenience, and a prime location
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 792 | 1,721.208 |
| Lot Size | 3,872 | 8,138.524 |
| Price | $290.0K | $494.6K |
| Price per sq ft | $366 | $304 |
| Built year | 1927 | 1992 |
| HOA | $0 | $166 |
| Days on market | 40 | 54 |
Aug 27, 2026
$290,000
$299,000
-3% Price Drop
Initial Listing
Jul 31, 2026
$299,000
Initial Listing
Apr 24, 2024
$245,000
Public Record
Nov 22, 2004
$150,000
Public Record