775 W Lindo Avenue, Chico, California 95926, Chico, 95926 - 2 bed, 1 bath
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Chico, California 95926
Analysis of 775 W Lindo Avenue, Chico, California 95926 is currently available with a list price of $449,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1941 (>80 years old) with no evidence of significant renovations. Interior photos show outdated systems including a floor-standing gas heater and original-style cabinetry. The listing description explicitly focuses on the 1.71-acre land value and the potential for a 9-lot development, meeting the criteria for a tear-down where value is primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 74488, living area = 1066.
The 1.71-acre lot within city limits is a rare find, with a preliminary map suggesting the potential for a 9-lot cul-de-sac development, offering massive upside for investors.
Finding nearly two acres of land within Chico city limits provides a unique opportunity for a private estate or hobby farm while maintaining proximity to urban amenities.
With only 2 bedrooms, 1 bathroom, and 1,066 square feet, the existing residence is quite small and may require expansion to accommodate modern family needs.
Given the 1941 construction date, the property likely requires significant updates to its core systems and finishes to meet contemporary standards and efficiency.
Set on approximately 1.71 acres within city limits, this property offers a rare blend of space, character, and future potential. The property features a charming 2-bedroom, 1-bath home built in 1941, along with a detached garage, creating a warm and inviting setting with room to grow. Whether you're looking for a place to establish a small hobby farm, enjoy extra outdoor space, or explore long-term possibilities, this property opens the door to a variety of opportunities. For the developers out there, a preliminary map completed in 2013 suggested the potential for a 9-lot cul-de-sac development, offering insight into what could be achievable. Buyers are encouraged to complete their own due diligence regarding development options. Properties of this size within town are increasingly hard to find. This is a unique chance to invest in land, lifestyle, and future potential—all in one setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,066 | 1,597.5 | 13% |
| Lot Size | 74,488 | 7,841 | 99% |
| Price | $449.0K | $439.5K | 53% |
| Price per sq ft | $421 | $291 | 96% |
| Built year | 1941 | 1971 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 128 | 3% |
May 4, 2026
$449,000
Initial Listing
Oct 16, 2007
$325,000
Public Record