16 Pereira Ave, Tracy, CA 95376, Tracy, 95376 - 4 bed, 3 bath
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16 Pereira Ave
Tracy, CA 95376
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,224Sq Ft
6,033Lot Size
Property Price
LIST PRICE$599,995
EST. MARKET VALUE
$577,381
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $599,995—positioned well above the $577,381 Fair Market Value by -3%. While the home requires cosmetic updates, its Fair Condition Rating is offset by a Versatile Floor Plan featuring a main-floor bedroom and updated HVAC. The central location near the ACE train and I-580 provides strong rental demand for commuters. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a growing employment hub.
Estimated Market Value
$577,381
Based on Realkey algorithm analyzing recent comparable sales in Tracy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Pereira Ave Subject 4 bd · 3 ba · 2,224 sqft · $260 | $599,995* List Price | 4 | 3 | 2,224 | $260 | - |
A 124 E Lowell Avenue Sold 3 bd · 2 ba · 1,880 sqft · $289 · 0.2 mi | $543,000 | 3 | 2 | 1,880 | $289 | 0.2 mi |
B 1320 Holly Drive Sold 2 bd · 2 ba · 1,488 sqft · $316 · 0.6 mi | $470,000 | 2 | 2 | 1,488 | $316 | 0.6 mi |
C 1428 Coolidge Avenue Sold 3 bd · 3 ba · 1,784 sqft · $314 · 0.8 mi | $560,000 | 3 | 3 | 1,784 | $314 | 0.8 mi |
D 505 W 9Th St Sold 3 bd · 2 ba · 1,528 sqft · $278 · 1.0 mi | $425,000 | 3 | 2 | 1,528 | $278 | 1.0 mi |
E 3241 Arnaudo Ln Active 3 bd · 3 ba · 2,078 sqft · $288 · 0.8 mi | $598,888 List Price | 3 | 3 | 2,078 | $288 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1960, the home shows a mix of ages. While it features an updated HVAC system and some newer laminate flooring, the interior remains dated with older blue carpeting, wallpaper, and visible wall patches/damage in bedrooms. The exterior concrete driveway is heavily cracked, and the kitchen/baths appear to have had only partial updates over 20 years ago, placing it in the fair category requiring cosmetic and minor structural repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Situated in a central hub with immediate access to I-5, I-580, Hwy 205, and the ACE train, this property is ideally positioned for Bay Area commuters and employees of nearby industrial centers.
- Versatile Floor Plan
The 2,224 sqft layout features a rare main-floor bedroom and full bathroom, offering excellent flexibility for multi-generational living, guest accommodations, or a dedicated home office.
- Modernized Key Features
The home includes a contemporary central island kitchen and an updated HVAC system, providing immediate functional value and reducing the need for near-term capital improvements.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Originally built in 1960, the property may require ongoing maintenance or further cosmetic updates to align with the standards of newer residential developments in the Tracy area.
- High Building-to-Lot Ratio
With a substantial 2,224 sqft interior on a 6,011 sqft lot, the outdoor yard space is relatively modest, which may limit options for significant landscaping or outdoor expansions.
About 16 Pereira Ave
Welcome to 16 Pereira Ave, located in Central Tracy, a premier Bay Area commuter hub and growing employment center. This 4-bedroom, 3-bathroom home features 2,224 square feet of space on a 6,011-square-foot lot. Perfect for commuters, you're just minutes from I-5, I-580, Hwy 205, and the ACE train station, as well as major employers like the nearby Amazon fulfillment facilities and industrial parks. Inside, you'll find a main-floor bedroom and full bath that works great for guests or an office, along with a central island kitchen that opens directly into the main living spaces. Complete with an updated HVAC system, a 2-car garage, a large backyard, and quick access to historic downtown dining, neighborhood parks, and schools, this property keeps you connected to everything the area has to offer. Come see and fall in love with Tracy, CA!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,033 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 | 3.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,224 | 1,959.508 |
| Lot Size | 6,033 | 6,446.905 |
| Price | $600.0K | $690.0K |
| Price per sq ft | $270 | $355 |
| Built year | 1960 | 1996 |
| HOA | $0 | $286 |
| Days on market | 24 | 57 |
Pricing History
Listed for Sale
Sep 30, 2026
$599,995
Initial Listing
Sold
Dec 20, 2016
$390,000
Public Record