1006 Lake St, San Pablo, California 94806, San Pablo, 94806 - 3 bed, 1 bath
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San Pablo, California 94806
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well above the $554,363 Fair Market Value by 3%. While the home requires modernization due to its Condition Rating of 4, the 5,000 square foot lot provides significant upside for an ADU addition. The functional layout and two-car garage offer a solid foundation for value-add renovations. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic improvements in an established San Pablo neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1006 Lake St Subject | $575,000* List Price | 3 | 1 | 973 | $570 | - |
A 2636 17th Street Sold | $470,000 | 3 | 1 | 996 | $472 | 0.3 mi |
B 1945 21st St Sold | $565,000 | 3 | 2 | 1,056 | $535 | 0.9 mi |
C 4217 Jenkins Way Active | $514,000 List Price | 2 | 1 | 1,132 | $454 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the home shows a kitchen renovation likely performed 15-20 years ago with dated mosaic tile and stone counters. While it has newer laminate flooring, the presence of an original-style wall heater and older cabinetry indicates the systems and finishes are dated and require modernization.
The 5,000 square foot lot offers significant outdoor potential for landscaping, entertaining, or the possible addition of an Accessory Dwelling Unit (ADU) to increase property value.
The inclusion of a two-car garage provides secure parking and valuable extra storage, a highly sought-after feature for a home in this price segment.
Situated in an established neighborhood near schools and transportation, this property represents an excellent entry-level opportunity for first-time buyers or investors to build equity in a desirable area.
At only 973 square feet for a three-bedroom configuration, the individual room sizes are likely quite small, which may limit furniture options and feel restrictive for larger families.
The presence of only one bathroom for a three-bedroom home can be a significant daily inconvenience for households and may negatively impact the property's resale appeal compared to homes with a second bath.
Welcome to this charming and spacious home located in a quiet and established neighborhood of San Pablo. This inviting residence offers 3 bedrooms, 1 bathroom, approximately 933 square feet of comfortable living space, and sits on a generous 5,000 square foot lot with plenty of outdoor potential. The home features a practical layout, a two-car garage, and the perfect combination of comfort, convenience, and opportunity. Whether you are a first-time homebuyer, looking to build equity, or searching for a great investment, this property offers exceptional value in today’s market. Located in a desirable area of San Pablo with access to nearby amenities, parks, shopping, transportation, and quality local schools, this home provides an excellent opportunity to become part of a welcoming community. With its spacious lot, functional floor plan, and great location, this property represents one of the best buying opportunities currently available in San Pablo.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 973 | 1,188 |
| Lot Size | 5,000 | 7,500 |
| Price | $575.0K | $589.0K |
| Price per sq ft | $591 | $508 |
| Built year | 1975 | 1955 |
| HOA | $0 | $0 |
| Days on market | 2 | 53 |
Jul 20, 2026
$575,000
Initial Listing
Feb 16, 2023
$525,000
Public Record
Jan 7, 2020
$63,500
Public Record
Jun 15, 2018
$62,000
Public Record
May 5, 2009
$145,000
Public Record
Nov 22, 2005
$406,000
Public Record