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1946 Palm Ave, Chico, CA 95926

List Price: $600,000On Market FlagOn market
Apr 14, 20251,008 sqft3 beds1 baths
Listed by: Brenda Banks
License #: 01211581
Phone #: 916-672-6130
MAE Capital Real Estate and Loan
Source:
CRMLS Logo
MLS #: SN25081796

Property Description

Property sold as land value for multi-units. This is .89 of an acre on a corner lot with access from E. 10 Ave and Palm Ave along with an alley way. This is an R-2 zoning. The City of Chico states that up to 14 units can be built on this property. There will have to be improvements made to build. Contact City of Chico to know improvements needed for the projected project. The house has a cemented basement. There are also 2 cement slabs that are from old buildings were torn down. The lot is lined by fully mature black walnut trees. Property is located near Enloe hospital, Downtown, Chico State University and across Mangrove to S & S Produce. Location and property are key to this property.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,611

TurboHome Estimated Value

$653,700

$649 sqft

High Valuation
$686,385
$681/sqft
Normal Valuation
$653,700
$649/sqft
Low Valuation
$621,015
$616/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$649/sqft$653,700

Neighborhood

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Comparative Value

$410K

$420K

$440K

$484K

$600K

1536 Spruce Ave, Chico, CA 95926

Sale Price: $410,000

Selected Comparable

1530 Citrus Ave, Chico, CA 95926

Sale Price: $420,000

Selected Comparable

1516 Downing Ave, Chico, CA 95926

Sale Price: $440,000

Selected Comparable

1408 Spruce Ave, Chico, CA 95926

Sale Price: $440,000

Selected Comparable

1630 Arcadian Ave, Chico, CA 95926

Sale Price: $484,000

Selected Comparable

1946 Palm Ave, Chico, CA 95926

List Price: $600,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1946 Palm Ave, Chico, CA 95926

1946 Palm Ave, Chico, CA 95926

List: $600,000

Listed: 4/14/2025

Area:1,008 sqft
Price/sqft:$595
Beds:3
Baths:1
Year Built:
Lot Size:38,768

Comparable Properties

COMPARABLE
Choose comps
1530 Citrus Ave, Chico, CA 95926

1530 Citrus Ave, Chico, CA 95926

Sale: $420,000

6/16/20250.76 mi

Area:940 sqft
Price/sqft:$447
Beds:3
Baths:2
Year Built:
Weight:22.3%
1536 Spruce Ave, Chico, CA 95926

1536 Spruce Ave, Chico, CA 95926

Sale: $410,000

11/15/20240.36 mi

Area:988 sqft
Price/sqft:$415
Beds:2
Baths:1
Year Built:
Weight:20.2%
1516 Downing Ave, Chico, CA 95926

1516 Downing Ave, Chico, CA 95926

Sale: $440,000

7/19/20250.70 mi

Area:1,275 sqft
Price/sqft:$345
Beds:3
Baths:2
Year Built:
Weight:19.4%
1408 Spruce Ave, Chico, CA 95926

1408 Spruce Ave, Chico, CA 95926

Sale: $440,000

1/7/20250.48 mi

Area:915 sqft
Price/sqft:$481
Beds:2
Baths:1
Year Built:
Weight:19.3%
1630 Arcadian Ave, Chico, CA 95926

1630 Arcadian Ave, Chico, CA 95926

Sale: $484,000

6/11/20250.61 mi

Area:1,283 sqft
Price/sqft:$377
Beds:3
Baths:2
Year Built:
Weight:18.7%

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