164 Lorraine Ave, Pittsburg, California 94565, Pittsburg, 94565 - 3 bed, 2 bath
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Pittsburg, California 94565
This property presents a Prime Investment Opportunity with a List Price of $395,000—positioned well below the $403,120 Fair Market Value by 2%. This valuation gap offers $8,120 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes updated plumbing and dual-pane windows, though the unfinished rear addition requires further investment. Ideally located near Highway 4 and BART, this asset is a strategic choice for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 164 Lorraine Ave Subject | $395,000* List Price | 3 | 2 | 1,664 | $242 | - |
A 4150 4150 Brookside Dr Sold | $442,000 | 3 | 3 | 1,899 | $233 | 0.5 mi |
B 2203 2203 Glenmount Dr Sold | $435,000 | 5 | 3 | 2,128 | $204 | 1.0 mi |
C 3076 Stevenson St Pending | $398,000 List Price | 3 | 1 | 1,306 | $305 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the home is dated with kitchen cabinetry and bathrooms exceeding 20 years in age. While the main living areas are well-maintained with original hardwoods and newer stainless appliances, the unfinished rear addition and leaning exterior fencing indicate a need for minor repairs and modernization.
Priced at $395,000, this property represents an exceptional entry-level opportunity for a 3-bedroom, 2-bathroom home in the Bay Area market.
The home features significant functional upgrades, including updated plumbing and dual-pane windows, which reduce immediate maintenance concerns for the buyer.
The property is ideally situated near Highway 4 and BART, offering excellent accessibility for commuters while maintaining a quiet residential feel.
The unfinished rear addition presents potential challenges regarding permit compliance and requires additional capital to become fully functional living space.
Built in 1958, the home may require further cosmetic modernization and updates to its original systems to meet contemporary energy efficiency and aesthetic standards.
Well-maintained 3-bedroom, 2-bath home located on a quiet street where pride of ownership is evident throughout the main living areas. Features include original hardwood flooring, updated plumbing, dual-pane windows, a spacious living room, and a large kitchen with an adjoining dining area, complete with an updated stainless steel stove, oven, and refrigerator. An unfinished rear addition provides additional space for storage or future improvements. Buyers are encouraged to investigate the permit status and intended use of this area to their satisfaction. Conveniently located near Highway 4, BART, shopping, restaurants, schools, parks, and everyday amenities. A wonderful opportunity for buyers looking for a solid, well-cared-for home with the chance to make it their own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,664 | 1,634 |
| Lot Size | 4,940 | 6,021 |
| Price | $395.0K | $603.6K |
| Price per sq ft | $237 | $380 |
| Built year | 1958 | 1977 |
| HOA | $0 | $173 |
| Days on market | 3 | 41 |
Jul 20, 2026
$395,000
Initial Listing