1518 Beau Rivage, San Pablo, California 94806, San Pablo, 94806 - 0 bed, 0 bath
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San Pablo, California 94806
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $512,589 Fair Market Value by 36%. While the current valuation reflects a premium, the asset features 2 homes on 1 lot plus a non-conforming unit, offering significant Multi-Unit Income Potential. With a Condition Rating of 5, the structures require extensive renovation. The hillside location provides Bay views, and the potential for subdivision offers a clear path to forced appreciation for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1518 Beau Rivage Subject | $699,000* List Price | 0 | 0 | 1,519 | $337 | - |
A 2810 Devon Way Sold | $495,000 | 3 | 1 | 1,338 | $370 | 0.7 mi |
B 5941 Harbor View Ave Active | $679,000 List Price | 3 | 2 | 1,371 | $495 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The primary residence dates back to 1938 and the listing explicitly states the homes 'need lots of work.' While currently occupied and 'livable,' the age of the structures (80+ years for the main house), the presence of a non-conforming unit, and the admitted need for significant repair align with the rehab requirements of the poor category.
The property features two separate homes plus a third non-conforming unit, providing immediate rental income with significant upside as current rents are below market value.
Situated high in the San Pablo Hills, the property offers desirable views of the Bay and surrounding hills, with close proximity to outdoor activities at Wild Cat Canyon.
There is substantial potential for equity growth through property subdivision into two parcels and modernization of the existing structures to maximize resale or rental value.
The homes require extensive work and repairs, which will necessitate a large upfront capital investment to bring the properties to their full potential.
The presence of a non-conforming unit and the uncertainty of subdivision feasibility require the buyer to perform extensive due diligence with county authorities.
2 HOMES on 1 lot! Plus a 3rd non conforming unit. High up in the San Pablo hills with Views of Bay and surrounding hills. Close to outdoor activity and Wild Cat Canyon. Main House is Bringing in$2695 and that includes the non conforming unit. Much potential upside on rents. 2nd home on Alpine is rented for $1450. 2nd house was built in mid 90s. Lots of Off street parking. Homes need lots of work but very livable and have great potential. Always occupied. Much room for increased rents. If you can subdivide these 2 homes on 2 parcels can be possible money maker. Buyer to ck with County on all possibilities.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-8 • 1.2 mi
Grades 7-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 1,519 | 1,190.5 | 69% |
| Lot Size | 6,300 | 5,436.5 | 67% |
| Price | $699.0K | $606.5K | 70% |
| Price per sq ft | $460 | $466 | 50% |
| Built year | 1938 | 1957 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 171 | 1% |
May 18, 2026
$699,000
Initial Listing