716 Thermalito, Oroville, California 95965, Oroville, 95965 - 3 bed, 2 bath
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Oroville, California 95965
This property presents a High-Potential Investment Opportunity with a List Price of $175,000—positioned slightly above the $173,028 Fair Market Value. While the property requires significant interior and exterior rehabilitation due to its Condition Rating of 5, the large 7,405-square-foot lot and current tenant occupancy provide immediate revenue potential. This value-add asset is ideal for Buy-and-Hold Investors or Contractors seeking to leverage the Thermalito Union school district location to drive long-term appreciation through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 716 Thermalito Subject | $175,000* List Price | 3 | 2 | 1,080 | $160 | - |
A 1028 Nevada Avenue Sold | $125,000 | 2 | 1 | 700 | $179 | 0.4 mi |
B 1343 Feather Sold | $169,900 | 2 | 1 | 950 | $179 | 0.8 mi |
C 525 High Pending | $189,000 List Price | 2 | 1 | 960 | $197 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (74 years old) with no evidence of major renovations. The listing explicitly mentions the need for TLC and cleaning, and the exterior image shows significant neglect and debris, suggesting outdated systems and a requirement for a full interior and exterior rehab.
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 = 1080.
The property is currently occupied by tenants, providing an immediate revenue stream for investors seeking a cash-flowing asset from the start.
Priced at $175,000 for a 3-bedroom, 2-bathroom configuration, this home offers a highly competitive entry point into the California residential market.
The listing explicitly states the property requires TLC and cleaning both inside and out, indicating a need for immediate renovation and sweat equity.
Built in 1952, the home likely features older systems and finishes that may require modernization to meet current building standards and buyer expectations.
Welcome to this currently rented 3-bedroom, 2-bathroom house situated on a spacious lot in Thermalito. This cozy home offers a comfortable layout, a great location, and easy access to everything you need. Located close to shopping, dining, and everyday conveniences, the property is also within Thermalito Union school district, making it an excellent choice for families. The interior and exterior could use some TLC and cleaning, but the home offers plenty of potential and a large yard to enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 1,446 |
| Lot Size | 7,405 | 10,890 |
| Price | $175.0K | $317.2K |
| Price per sq ft | $162 | $217 |
| Built year | 1952 | 1963 |
| HOA | $0 | $36 |
| Days on market | 5 | 68 |
Jul 17, 2026
$175,000
Initial Listing
Jan 12, 2024
$135,000
Public Record
Jan 22, 2016
$40,500
Public Record
Feb 28, 2012
$29,500
Public Record
Aug 29, 2002
$329,000
Public Record
Apr 10, 2001
$35,000
Public Record