
El Cerrito, California 94530
This property presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned well below the $1,178,491 Fair Market Value by 15%. This valuation gap offers $180,491 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet offers significant upside through its Panoramic Bay Views and a Flexible Lower-Level suitable for ADU conversion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2005 Harper St Subject | $998,000* List Price | 3 | 3 | 1,804 | $653 | - |
A 1505 Everett St Sold | $890,000 | 2 | 1 | 1,353 | $658 | 0.5 mi |
B 1731 Liberty St Sold | $850,000 | 5 | 2 | 1,963 | $433 | 0.3 mi |
C 1649 Julian Dr Sold | $1,208,000 | 4 | 3 | 1,830 | $660 | 0.6 mi |
D 2515 Alva Ave Sold | $960,000 | 2 | 2 | 1,449 | $663 | 0.5 mi |
E 2313 Edith St Active | $895,000 List Price | 3 | 2 | 1,825 | $490 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the home is functional and clean but significantly dated. The kitchen features older white appliances and cabinetry, the carpeting and fireplace are mid-century original or aged, and the exterior wood deck shows weathering. The listing explicitly notes the opportunity for the next owner to update to their style.
The property features rare and breathtaking views of the Golden Gate Bridge, Bay Bridge, and San Francisco skyline, providing a high-value aesthetic that is quintessential to premium El Cerrito real estate.
The expansive downstairs bonus level with a full bathroom and secondary living area offers exceptional versatility for multigenerational living, a home office, or a potential ADU conversion.
The home offers a desirable floor plan with three bedrooms on the main level and a seamless flow between the kitchen, dining, and living areas, all oriented to maximize natural light and the surrounding scenery.
The kitchen and interior finishes are noted as opportunities for personalization, suggesting that the 1962-built home requires additional capital investment to meet contemporary luxury standards.
The backyard and front yard are described as being 'ready for your vision,' indicating that they currently lack professional landscaping and will require effort and budget to become functional entertaining areas.
Welcome to this beautifully positioned El Cerrito home, where breathtaking panoramic views stretch across the rolling hills, the Bay Bridge, the Golden Gate Bridge, and the San Francisco skyline. Perched at an elevated vantage point, this property offers the opportunity to enjoy some of the Bay Area’s most iconic scenery from the comfort of your home. As you arrive, you’ll appreciate the peaceful street and the home’s inviting curb appeal. A spacious two-car garage provides ample parking, while the generous front yard offers endless possibilities. Create an outdoor lounge, gather around a fire pit, or simply relax with outdoor seating. Inside, you’re welcomed by a bright living room, dining area, and kitchen that flow seamlessly together before opening to a private balcony. Enjoy morning coffee, evening sunsets, or admire panoramic views of the hills, San Francisco, the Bay Bridge, the Golden Gate Bridge, and the sparkling bay. The kitchen is filled with natural light and offers a fantastic opportunity for the next owner to personalize and update to their style. On the main level, you’ll find three sized bedrooms and two full bathrooms, with large windows that fill the home with natural light. The primary suite features a walk-in closet and an ensuite bathroom with dual vanities and a tiled tub and shower combination. Downstairs, the home expands with an impressive bonus level. Just beyond the staircase is a large secondary living area offering flexibility for multigenerational living, a game room, home office, media room, or potential in-law quarters. This level also includes a full bathroom, washer and dryer hookups, an additional bonus room, and a large crawlspace for extra storage. Step outside to a spacious backyard ready for your vision. Whether you dream of creating an outdoor entertaining space, lush garden, play area, or private retreat, the possibilities are endless. Conveniently located near highly regarded schools, parks, shopping, dining, and everyday conveniences, this home also offers easy access to major commute routes while maintaining its peaceful hillside setting. With spectacular views, flexible living spaces, and endless potential, this is a rare opportunity to own an exceptional El Cerrito home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,804 | 1,580.973 |
| Lot Size | 4,900 | 5,412.622 |
| Price | $998.0K | $1.22M |
| Price per sq ft | $553 | $786 |
| Built year | 1962 | 1950 |
| HOA | $0 | $0 |
| Days on market | 33 | 33 |
Aug 7, 2026
$998,000
Initial Listing
Feb 1, 2005
$575,000
Public Record