1012 Contra Costa Dr, El Cerrito, California 94530, El Cerrito, 94530 - 5 bed, 3 bath
ACTIVE$1,099,888$2,396/sqft
Est. Value: $1,109,561
%
FairlyEstimate
1012 Contra Costa Dr, El Cerrito, California 94530
5Beds
3Baths
2,396Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($1,109,560.505) is $9,672.505 (0%) lower than the list price ($1,099,888). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Investment Upside: The property is presented as a 'value driven El Cerrito Hills opportunity with significant upside for the right buyer,' indicating strong potential for appreciation after renovation.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2396, other record living area = 2176. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$1.10M vs avg $1.20M ($-100,112)38%
Size:2,396 sqft vs avg 1,668 sqft81%
Price/sqft:$459 vs avg $7744%
More Insights
Built in 1951 (75 years old).
Condition: The property, built in 1951, is explicitly marketed as a 'fixer-upper with foundation repairs needed,' indicating significant structural defects. The kitchen features severely outdated wood cabinetry, bright blue tiled countertops, and older appliances, requiring a full renovation. Bathrooms are also very dated with original fixtures, vanities, and tile work. While some areas have newer laminate flooring and fresh paint, these cosmetic updates do not offset the major foundation issues and the extensive rehabilitation required for the property's systems and overall condition.
Year Built
1951
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
41119677
Home ConditionPoor
Features
Excellent View:
View-
About this home
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.
N
Nicholas Liesenfeld
Listing Agent
Condition Rating
Poor
The property, built in 1951, is explicitly marketed as a 'fixer-upper with foundation repairs needed,' indicating significant structural defects. The kitchen features severely outdated wood cabinetry, bright blue tiled countertops, and older appliances, requiring a full renovation. Bathrooms are also very dated with original fixtures, vanities, and tile work. While some areas have newer laminate flooring and fresh paint, these cosmetic updates do not offset the major foundation issues and the extensive rehabilitation required for the property's systems and overall condition.
Pros & Cons
Pros
Significant Investment Upside: The property is presented as a 'value driven El Cerrito Hills opportunity with significant upside for the right buyer,' indicating strong potential for appreciation after renovation.
Desirable Location & Bay Views: Situated in the 'desirable hills above El Cerrito' with 'great bay views,' offering a premium living experience.
Excellent Commuter Accessibility: Provides 'convenient access to Oakland, San Francisco, BART, and Interstate 80,' making it ideal for Bay Area commuters.
ADU Potential: A 'rare opportunity' with 'ADU potential,' offering flexibility for additional income or multi-generational living.
Conventional Financing Eligible: Despite being a fixer-upper, the property is eligible for 'Conventional financing,' broadening the pool of potential buyers.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2396, other record living area = 2176. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Major Foundation Repairs Required: Explicitly stated as a 'Fixer-upper with foundation repairs needed,' indicating a significant and costly structural issue.
Extensive Renovation Needed: The property is a 'Fixer-upper' requiring a 'contractor or weekend warriors,' implying substantial time and financial investment for modernization and repairs.
Age and Potential for Outdated Systems: Built in 1951, the property likely has outdated systems (electrical, plumbing, HVAC) and finishes, contributing to the overall renovation scope.