
Chico, California 95928
This Strong Value Opportunity is listed at $389,000, positioned well below the $426,767 Fair Market Value by 8%. This valuation gap offers $37,767 in Instant Equity. Featuring a Condition Rating of 2 with a remodeled kitchen and newer roof, the property includes a detached studio for rental income. The creekside lot provides a unique natural setting with no rear neighbors. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 969 Humboldt Avenue Subject | $370,000* List Price | 4 | 2 | 1,400 | $278 | - |
A 1163 E 8th Sold | $405,000 | 3 | 2 | 1,450 | $279 | 0.3 mi |
B 1731 Salem Sold | $439,000 | 3 | 2 | 1,484 | $296 | 0.7 mi |
C 573 E 19th Sold | $328,000 | 3 | 2 | 1,063 | $309 | 0.5 mi |
D 1764 Elm Street Sold | $340,651 | 2 | 2 | 1,006 | $339 | 0.4 mi |
E 1761 Elm Street Sold | $370,000 | 3 | 2 | 1,667 | $222 | 0.4 mi |
F 1077 E 8th Sold | $329,000 | 2 | 2 | 1,003 | $328 | 0.2 mi |
G 782 E 8th Sold | $360,725 | 2 | 1 | 1,080 | $334 | 0.3 mi |
H 1805 Hemlock Street Sold | $474,575 | 3 | 3 | 1,522 | $312 | 0.5 mi |
I 667 E 8th Street Pending | $425,000 List Price | 2 | 1 | 1,261 | $337 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1940 build date, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a remodeled kitchen with modern cabinetry and subway tile, luxury vinyl plank flooring, a newer roof, and updated mini-split HVAC systems in both the main home and detached studio.
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 = 1400.
The property features a detached 400 sqft studio with a full kitchen and bathroom, providing an excellent opportunity for rental income, a guest suite, or a private home office.
The home is move-in ready with a newer roof, remodeled kitchen, luxury vinyl plank flooring, and energy-efficient mini-split heating and cooling systems in both units.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1028. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
The main residence offers three bedrooms but only one bathroom, which may be a significant drawback for families or shared living situations.
Built in 1940, the main home’s 1,028 sqft footprint may feel restrictive for buyers seeking modern open-concept layouts or larger primary suites.
This adorable creekside home offers charm, flexibility, and a great location! Sitting on a spacious lot backing to Little Chico Creek, this unique property features a 3-bedroom, 1-bath main home with approximately 1,028 square feet, plus a separate studio with a full kitchen and bathroom offering approximately 400 additional square feet. The main home is bright, open, and move-in ready, with beautiful luxury vinyl plank flooring throughout the living spaces and comfortable carpeting in the bedrooms. The remodeled kitchen features updated cabinetry, countertops, a classic subway tile backsplash, and newer appliances. Mini-split systems provide efficient heating and cooling in both homes. The detached studio offers a spacious open layout, an updated kitchen and bathroom, and tile flooring, making it ideal for guests, extended family, a home office, or rental income. Additional highlights include a newer roof, updated interior and exterior paint, fixtures, and more! You'll also find a large covered front porch, fully fenced front and back yards, and plenty of off-street parking. Enjoy the privacy of having no rear neighbors as the property backs directly to Little Chico Creek, creating a beautiful natural setting right outside your door. Conveniently located near Downtown Chico, Chico State, Bidwell Park, shopping, dining, and everyday amenities, this property offers endless possibilities. Live in one home and rent the other, create a private space for family or guests, or add a versatile property to your investment portfolio!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,721.208 |
| Lot Size | 7,405 | 8,138.524 |
| Price | $370.0K | $494.6K |
| Price per sq ft | $264 | $304 |
| Built year | 1940 | 1992 |
| HOA | $0 | $166 |
| Days on market | 35 | 54 |
Aug 20, 2026
$370,000
$389,000
-5% Price Drop
Initial Listing
Aug 5, 2026
$389,000
Initial Listing
Feb 22, 2022
$277,500
Public Record
Oct 9, 2020
$290,000
Public Record
Feb 4, 2019
$269,000
Public Record
Feb 7, 2007
$156,000
Public Record
Jun 30, 2006
$190,000
Public Record