2463 Thompson, Selma, California 93662, Selma, 93662 - 1 bed, 1 bath

2463 Thompson, Selma, California 93662 home-pic-0
ACTIVE$200,000
2463 Thompson, Selma, California 93662
1Bed
1Bath
1,771Sqft
6,300Lot
Year Built
1935
Close
-
List price
$200K
Original List price
$200K
Price/Sqft
$113
HOA
-
Days on market
-
Sold On
-
MLS number
FR25269861
Home ConditionPoor
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $200.0K(13th), sqft - 1771(75th), beds - 1(13th), baths - 1(13th).

Welcome to 2463 Thompson Avenue in Selma, California — a great opportunity for homeowners or investors with vision! This charming property offers 2 bedrooms and 1 bathroom with a functional layout that’s ready for your personal touch. The living room features a warm wood accent wall, creating an inviting atmosphere and a perfect backdrop for a cozy reading area or entertainment space. The kitchen provides a solid foundation for renovation or updates, complete with a wall-mounted chimney range hood and ample space for dining or entertaining. Outside, enjoy a fenced backyard and patio area, ideal for transforming into your own private outdoor retreat. Situated in an established neighborhood near schools, shopping, and dining, this home offers excellent investment potential and the opportunity to add value through updates and creativity. Don’t miss this affordable Selma home—schedule your showing today!

Price History

Date
Event
Price
12/03/25
Listing
$200,000
Condition Rating
Poor

Built in 1935, this property is in a highly dated condition, requiring substantial repairs and rehabilitation. The kitchen features old cabinets, worn laminate countertops, outdated appliances, and green patterned linoleum flooring. The bathroom is equally outdated with an old vanity, dated tile surround, and an old strip light fixture. Throughout the home, there is extensive wood paneling, drop ceilings, and worn carpet, indicating no significant renovations in many decades. Major systems like HVAC (only window units visible) and electrical are likely original or very old, necessitating extensive updates. The listing description itself highlights the need for 'renovation or updates' and 'creativity' to add value.
Pros & Cons

Pros

Strong Investment/Value-Add Potential: Explicitly marketed as a prime opportunity for homeowners or investors to add significant value through updates and creative renovations.
Affordable Price Point: Positioned as an 'affordable Selma home,' making it an attractive entry-level option for buyers or investors seeking a lower acquisition cost.
Desirable Location: Situated in an established neighborhood with convenient access to local schools, shopping, and dining amenities.
Private Outdoor Space: Includes a fenced backyard and patio area, offering a dedicated space for outdoor living and personalization.
Spacious Interior with Functional Layout: With 1771 sqft for 2 bedrooms and 1 bathroom, the property likely offers generous room sizes and a functional floor plan, providing a solid foundation for modernization.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6300, other record lot size in square feet = 63300. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1771, other record living area = 1110.
Extensive Renovation Required: The property is described as needing a 'personal touch' and 'renovation or updates,' indicating a substantial investment in time and capital for modernization.
Advanced Age of Property: Built in 1935, the home's age suggests potential for outdated systems (electrical, plumbing, HVAC) and structural components that may require costly repairs or replacements.
Limited Bathroom Count: Having only one bathroom for a two-bedroom home can be a functional limitation for occupants and may negatively impact market appeal and resale value.

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