1012 Contra Costa Dr, El Cerrito, California 94530, El Cerrito, 94530 - 4 bed, 3 bath
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1012 Contra Costa Dr
El Cerrito, California 94530
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,396Sq Ft
7,841Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$1,058,985
15% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $1,058,985 Fair Market Value by 15%. This valuation gap offers $159,985 in Instant Equity for buyers capable of managing structural rehabilitation. Featuring a Condition Rating of 5, the home requires significant foundation repairs, yet offers great bay views and ADU potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in the desirable El Cerrito Hills.
Estimated Market Value
$1,058,985+$159,985 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cerrito.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 Contra Costa Dr Subject | $899,000* List Price | 4 | 3 | 2,396 | $442 | - |
A 7839 7839 Eureka Ave Sold | $660,000 | 2 | 2 | 1,518 | $435 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1951, this property is explicitly listed as a fixer-upper requiring significant foundation repairs. While the interior shows some recent cosmetic updates like laminate flooring and fresh paint, the aerial view reveals a roof in distressed condition, and the structural defects combined with the age of the home necessitate a major rehab of systems and the building envelope.
About 1012 Contra Costa Dr
Fixer-upper with foundation repairs needed. Looking for a contractor or weekend warriors. Conventional financing is ok! Value driven El Cerrito Hills opportunity with significant upside for the right buyer. Located in the desirable hills above El Cerrito, this multi level hillside property offers a flexible layout, great bay views. El Cerrito is known for its relative affordability compared to surrounding Bay Area markets while offering convenient access to Oakland, San Francisco, BART, and Interstate 80. The El Cerrito Hills provide proximity to open space, trails, and outdoor recreation while remaining close to town amenities and regional employment centers. A rare opportunity to acquire a hillside property with bay views and ADU potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,396 | 1,580.973 |
| Lot Size | 7,841 | 5,412.622 |
| Price | $899.0K | $1.22M |
| Price per sq ft | $375 | $786 |
| Built year | 1951 | 1950 |
| HOA | $0 | $0 |
| Days on market | 10 | 33 |
Pricing History
Listed for Sale
Aug 30, 2026
$899,000
Initial Listing