20 Gonda Street, Royal Oaks, California 95076, Royal Oaks, 95076 - 0 bed, 0 bath
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Royal Oaks, California 95076
This property presents a Prime Investment Opportunity with a List Price of $789,000—positioned well below the $806,857 Fair Market Value by 2%. This valuation gap offers $17,857 in Instant Equity for the buyer. Featuring a 3-unit configuration and a Condition Rating of 3, the asset provides a proven history of 0% vacancy. With modern kitchen updates and mature avocado trees, this is a stable, income-generating asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20 Gonda Street Subject | $789,000* List Price | 0 | 0 | 1,645 | $490 | - |
A 114 2nd Street Active | $788,000 List Price | 0 | 0 | 1,710 | $461 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1926, the property has been updated with a renovation likely within the 10-15 year range. The kitchen features stainless steel appliances, recessed lighting, and modern cabinetry, while the living areas have updated tile flooring and crown molding, making it functional and move-in ready.
The property features a versatile three-unit configuration consisting of a 3-bedroom home and two studios, offering multiple revenue sources and a proven history of consistent occupancy.
The lot provides high-value features including gated yards for privacy, ample off-street parking, and mature avocado trees, which enhance tenant retention and property appeal.
Situated on a quiet street in the heart of Pajaro, this property offers a stable investment environment in a vibrant community with a 'steady investment' track record.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 5280. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1645, other record living area = 684.
Built in 1926, the nearly century-old structures may necessitate significant capital expenditures for maintenance, repairs, or modernizing aging utility systems.
Managing three separate units on a 5,227 square foot lot creates a high-density environment that may limit private outdoor space and future development potential.
Own a steady investment property in the heart of Pajaro on a quiet street. Your tenants will enjoy mature avocado trees, privacy, and gated yards with ample parking. The separate units include a 3bed/1bath home in front and the building plus garage/storage in the back. One unit is newer and shows nicely. The has been 0% Vacancy for many years. Don't miss this opportunity in a vibrant community where the soil is rich but your assets grow richer! Please do not disturb tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,645 | 1,322.5 | 50% |
| Lot Size | 5,227 | 7,405 | 50% |
| Price | $789.0K | $844.5K | 50% |
| Price per sq ft | $480 | $690 | 50% |
| Built year | 1926 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 85 | 50% |
May 11, 2026
$789,000
$829,000
-5% Price Drop
Initial Listing
Apr 6, 2026
$829,000
Initial Listing
Jun 30, 2004
$513,000
Public Record
Jul 18, 1997
$80,000
Public Record