
Chico, California 95926
This property presents a Strong Value Opportunity with a List Price of $299,000—positioned well below the $284,126 Fair Market Value by -5%. While the home requires modernization, its Fair Condition Rating and 6,534 sqft lot provide a solid foundation for value-add renovations. The versatile bonus room and central location near Chico State drive consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with significant long-term appreciation potential in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 637 W 6th Subject 0 bd · 0 ba · 752 sqft · $378 | $299,000* List Price | 0 | 0 | 752 | $378 | - |
A 146 W 7th Avenue Sold 2 bd · 1 ba · 876 sqft · $377 · 0.4 mi | $330,000 | 2 | 1 | 876 | $377 | 0.4 mi |
B 363 East 1st Avenue Sold 2 bd · 1 ba · 841 sqft · $356 · 0.9 mi | $299,000 | 2 | 1 | 841 | $356 | 0.9 mi |
C 30 Fairgate Sold 2 bd · 2 ba · 1,034 sqft · $319 · 0.9 mi | $330,000 | 2 | 2 | 1,034 | $319 | 0.9 mi |
D 170 Fairgate Active 2 bd · 2 ba · 1,034 sqft · $329 · 0.8 mi | $340,000 List Price | 2 | 2 | 1,034 | $329 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property shows some cosmetic updates like newer laminate flooring, but the kitchen and Jack-and-Jill bathroom are significantly dated and require modernization. The exterior deck and yard show signs of age, and while functional, the home needs minor repairs and updates to meet modern standards.
Situated near Downtown Chico and Chico State, this property offers exceptional accessibility to shopping, dining, and the university, making it a high-demand location for both owner-occupants and renters.
The generous 6,534 sqft lot features a covered back deck, garden boxes, and a storage shed, providing significant outdoor living and customization potential rarely found at this price point.
The inclusion of a flexible bonus room and a Jack-and-Jill bathroom maximizes the utility of the floor plan, offering dedicated space for a home office or hobby room.
At only 752 square feet, the compact living area may be a constraint for buyers seeking spacious rooms or those with larger households.
Built in 1947, the property may require modernization of its core systems and cosmetic updates to meet contemporary energy efficiency and aesthetic standards.
This 2-bedroom Chico home offers a functional layout and a convenient location close to Downtown Chico, Chico State, shopping, dining, and more. Inside, you’ll find a comfortable living area with charming arched doorways, a dining space, kitchen with additional storage, and two bedrooms connected by a Jack-and-Jill bathroom. A bonus room adds extra flexibility for an office, hobby space, or additional living area. Outside, the large backyard features a covered back deck, garden boxes, storage shed, and plenty of room to make the space your own, plus OWNED SOLAR! Off-street parking adds to the practicality of this centrally located Chico home. A solid option for a first-time buyer, investor, or anyone looking for a centrally located Chico home with room to make it their own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 752 | 1,720.576 |
| Lot Size | 6,534 | 7,994.042 |
| Price | $299.0K | $487.0K |
| Price per sq ft | $398 | $303 |
| Built year | 1947 | 1992 |
| HOA | $0 | $154 |
| Days on market | 25 | 56 |
Sep 29, 2026
$299,000
Initial Listing
Nov 14, 2011
$84,500
Public Record
Nov 9, 1999
$75,500
Public Record