
Castro Valley, California 94546
This Versatile Single Family Residence represents a Strong Value Opportunity, listed at $799,000—positioned well below the $812,674 Fair Market Value by 1.7%. This valuation gap offers $13,674 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Renovated Granite Kitchen and a Detached Bonus Room with a finished lower level, providing exceptional flexibility. While school ratings are modest, the property’s 7,500 sqft Lot and move-in readiness make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, well-maintained asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Crescent Ave Subject | $799,000* List Price | 2 | 2 | 1,122 | $724 | - |
A 2107 Lessley Ave Sold | $850,000 | 2 | 1 | 1,018 | $835 | 0.3 mi |
B 20911 Chester St Sold | $856,000 | 2 | 1 | 1,101 | $777 | 0.8 mi |
C 2329 Vestal Ave Sold | $745,000 | 2 | 1 | 1,192 | $625 | 0.3 mi |
D 22079 22079 Queen St Sold | $745,000 | 2 | 1 | 1,272 | $586 | 0.7 mi |
E 21146 Elm St Sold | $738,000 | 2 | 1 | 825 | $895 | 0.8 mi |
F 21330 21330 Tyee Street Sold | $910,000 | 3 | 2 | 1,185 | $768 | 0.6 mi |
G 2672 2672 Watson St Sold | $800,000 | 3 | 2 | 987 | $811 | 0.6 mi |
H 2226 Vegas Ave Sold | $768,000 | 3 | 1 | 871 | $882 | 0.5 mi |
I 2293 Vestal Ave Active | $749,888 List Price | 2 | 1 | 1,018 | $737 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1916 build date, the property is well-maintained and move-in ready. It features a renovated main kitchen with granite countertops and updated appliances, new carpeting, and refreshed interior paint. While the lower-level kitchenette and bathroom show older finishes, the overall structural utility and recent cosmetic updates align with a well-maintained 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1122.
The property features a detached bonus room and a finished lower level with a separate entrance and kitchenette, offering exceptional flexibility for a home office, guest suite, or potential rental income.
Situated on a 7,500-square-foot lot, the property provides significant outdoor space for gardening, entertaining, and potential expansion, which is a premium for the area.
The assigned elementary and middle schools have low performance ratings (2/10 and 3/10 respectively), which may impact long-term resale value for families prioritizing education.
With only two bedrooms and one bathroom in the main living area, the original footprint may feel restrictive for growing families or those seeking a traditional primary suite.
Welcome to 1540 Crescent Avenue, a charming Castro Valley home offering timeless character, comfortable living spaces, and flexible possibilities. The inviting main level is filled with natural light and features hardwood flooring, a spacious living room with new carpet, and a bright kitchen with granite countertops, abundant cabinetry, and updated appliances. Toward the rear of the property, a spacious detached bonus room features abundant natural light, large windows, and direct access to the outdoor area—an ideal flexible space for a home office, recreation room, gym, studio, or creative retreat. The property also features finished lower-level space with a separate entrance, kitchenette, bathroom, and additional living area, offering even more flexibility for a variety of uses. Private outdoor areas provide space to relax, garden, and entertain. Conveniently located near shopping, dining, Trader Joe’s, and everyday amenities, with easy access to I-580 and surrounding Bay Area destinations. A unique Castro Valley property combining classic bungalow charm with an abundance of versatile additional space.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,122 | 1,833.615 |
| Lot Size | 7,500 | 6,979.256 |
| Price | $799.0K | $1.25M |
| Price per sq ft | $712 | $704 |
| Built year | 1916 | 1959 |
| HOA | $0 | $226 |
| Days on market | 11 | 37 |
Aug 29, 2026
$799,000
Initial Listing