
El Sobrante, California 94803
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $999,000—positioned above the $840,851 Fair Market Value. While priced for its unique utility, the property features a Condition Rating of 3, offering significant Dual-Unit Income Potential and Subdivision Potential on a sprawling 13,504 sqft lot. Recent capital improvements, including new concrete flatwork and fresh paint, reduce immediate maintenance needs. This versatile property is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through onsite leasing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2024 Thompson Ln Subject | $999,000* List Price | 0 | 0 | 1,334 | $615 | - |
A 4661 Driftwood Ct Sold | $713,000 | 3 | 2 | 1,068 | $668 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1942 but features significant recent updates including fresh interior/exterior paint, new concrete flatwork, and updated laminate flooring. While some elements like the oak cabinetry and wall heaters are dated, the property is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 1334.
The property features two distinct homes on one lot with separate PG&E meters and private entrances, offering exceptional flexibility for rental income or multi-generational living.
The sprawling 13,504 sqft lot provides rare subdivision potential and ample space for outdoor living, gardening, or future property expansion in a quiet neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13504, other record lot size in square feet = 43920.
With 6 bedrooms and 4.5 bathrooms total across only 1,334 square feet, the individual room sizes are likely very compact, which may feel restrictive for some families.
Originally built in 1942, the property may require future investments in aging core systems such as plumbing and electrical that are typical of mid-century homes.
Discover an exceptional investment opportunity at 2024 Thompson Ln, where two distinct homes sit on a sprawling lot over a quarter acre, offering flexibility and income potential unlike traditional single-family properties. The main house features 4 spacious bedrooms and 3 and a half baths, providing comfortable living for a growing family or ready to welcome guests. The charming, detached unit in the rear includes a private driveway, separate entrance, water meter, and PG&E meter. Inside, the home offers 2 bedrooms and 1 bath with a living room, kitchen, and dedicated laundry room—perfectly designed for independent living or rental income potential. Recent updates enhance both properties significantly: the main house exterior has been recently repaired and freshly painted, presenting an impeccable curb appeal, while the second unit boasts refinished hardwood floors and a freshly painted interior that feels brand new. This unique setup welcomes multiple lifestyle scenarios—live in one home while renting the other or explore the possibility of lot subdivision for future development. The property features a U-shaped driveway providing convenient access and circulation, complemented by newly installed flat work including modern concrete walkways, a fresh driveway, and an inviting patio area. A thoughtfully designed fence section grants easy access to the rear of the main house, enhancing functionality and flow throughout the property. The expansive lot provides the canvas for this dual-home arrangement, with room to breathe and establish outdoor living spaces that feel private and serene. A dedicated maintenance shed on the premises offers practical storage and workspace. The mature landscaping includes a curated selection of citrus trees—Meyer Lemon and a variety of Pomegranate—providing fresh fruit and agricultural charm year-round. Nestled in a quiet, peaceful neighborhood that feels like a genuine retreat, this location also offers immediate proximity to shopping, diverse dining options, and major highway access (i-80, highway 4). Commuting is seamless, while weekend adventures are minutes away. Whether you're drawn to the dual-income potential, the rare opportunity to subdivide and develop, or simply the luxury of space and privacy, 2024 Thompson Ln presents a distinctive proposition. This is more than a property—it's a versatile investment and lifestyle solution. Welcome to 2024 Thompson Ln. Open House on Sat 8/29, 1230-230pm and Sun 8/30 from 1-3pm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.1 |
| Baths | 0.0 | 2.1 |
| Square foot | 1,334 | 1,622.607 |
| Lot Size | 13,504 | 9,057.143 |
| Price | $999.0K | $787.8K |
| Price per sq ft | $749 | $475 |
| Built year | 1942 | 1961 |
| HOA | $0 | $0 |
| Days on market | 35 | 49 |
Aug 5, 2026
$999,000
Initial Listing