
San Pablo, California 94806
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $510,825 Fair Market Value by 2%. This valuation gap offers $11,825 in Instant Equity for buyers. Featuring a Fair Condition Rating (4/10), the home offers a value-add opportunity through cosmetic updates. With a generous 5,850 sqft lot and proximity to Montalvin Manor Elementary, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking entry-level Bay Area housing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1075 Rachel Rd Subject | $499,000* List Price | 3 | 1 | 956 | $534 | - |
A 318 Linda Dr Sold | $415,000 | 3 | 1 | 956 | $434 | 0.2 mi |
B 239 Jennifer Dr Sold | $550,000 | 3 | 1 | 892 | $617 | 0.2 mi |
C 162 Christine Dr Sold | $480,000 | 3 | 1 | 1,160 | $414 | 0.1 mi |
D 1453 Lettia Road Sold | $410,000 | 3 | 2 | 1,051 | $390 | 0.4 mi |
E 2709 Limerick Road Sold | $633,000 | 3 | 1 | 1,018 | $622 | 1.0 mi |
F 2518 Tara Hills Dr Active | $629,000 List Price | 3 | 1 | 1,044 | $602 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property is over 70 years old and features dated interior finishes, including Saltillo-style tile flooring and older kitchen cabinetry visible in photos. While the home appears functional and move-in ready, the aesthetic and systems likely stem from a renovation performed 20-30 years ago, necessitating cosmetic updates and potential maintenance.
Listed at $499,000, this property represents a highly accessible price point for a three-bedroom detached home in the Bay Area, making it an ideal opportunity for first-time buyers or investors.
The home is situated just 0.17 miles from Montalvin Manor Elementary School, offering exceptional convenience and walkability for families with young children.
The 5,850 square foot lot provides significant outdoor space relative to the home's footprint, offering ample room for gardening, outdoor entertaining, or potential future expansion.
With only 956 square feet of living area and a single bathroom, the interior layout is quite compact for a three-bedroom residence, which may limit appeal for growing families.
The assigned middle school carries a rating of 2/10, which could be a significant drawback for education-focused buyers and may impact future resale value.
Exceptional opportunity in San Pablo. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 956 | 1,190.824 |
| Lot Size | 5,850 | 6,024.412 |
| Price | $499.0K | $596.1K |
| Price per sq ft | $522 | $499 |
| Built year | 1953 | 1949 |
| HOA | $0 | $198 |
| Days on market | 28 | 45 |
Aug 12, 2026
$499,000
Initial Listing
Jul 18, 2012
$116,000
Public Record