2082 Placer Drive, Castro Valley, California 94578, Castro Valley, 94578 - 3 bed, 2 bath
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Castro Valley, California 94578
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $749,950—positioned well below the $756,997 Fair Market Value by 0.93%. This valuation gap offers $7,047 in Instant Equity. Featuring a Condition Rating of 4, the property requires cosmetic updates, yet offers significant upside through its private master suite and scenic Bay views. While school ratings are mixed, the commuter-friendly location near transit hubs provides strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2082 Placer Drive Subject | $749,950* List Price | 3 | 2 | 1,404 | $539 | - |
A 14683 Midland Rd Sold | $728,000 | 3 | 1 | 1,446 | $503 | 0.1 mi |
B 963 Dillo St Sold | $827,500 | 3 | 2 | 1,366 | $606 | 0.8 mi |
C 13955 School St Pending | $725,000 List Price | 3 | 2 | 1,376 | $527 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is functional but significantly dated. The kitchen and bathrooms appear to have been last updated 30-40 years ago, featuring older wood cabinetry, laminate countertops, and vintage fixtures. While the listing notes it has been 'lovingly maintained,' the age of the finishes and the presence of older carpet and systems suggest it needs comprehensive cosmetic updates and likely utility modernizations to meet current standards.
The property offers impressive views of the Bay and city lights, including downtown vistas, which significantly enhances the home's aesthetic appeal and market value.
The expansive upstairs master suite serves as a private retreat, complete with a fireplace, large walk-in closet, and a dedicated attic space for extra storage.
Ideally situated near shopping, dining, and major transit hubs, this home offers excellent convenience for commuters and easy access to local amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1404, other record living area = 1248. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The assigned local schools, particularly the middle and elementary levels, have low performance ratings, which may be a concern for families prioritizing education.
With only a one-car garage for a three-bedroom residence, the property may lack sufficient covered parking and storage for modern multi-vehicle households.
Open Sun 1-4. Bay views from this lovely three bedroom, two bath home - lovingly maintained by long-time owners. The master suite upstairs is a show-stopper! Huge room with delightful master bath, big walk-in closet and fireplace - it's even got an oversized attic! They can frolic downstairs but you have adult privacy upstairs! Downstairs there are two bedrooms, one bath, kitchen, laundry room, living room, dining area and front entry. Loads of parking in front and storage in the one car garage and large attic space. This is one you'll want to show your first - time buyers! Convenient! Near all amenities, eateries, shopping and transit hubs! Views: Downtown
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,404 | 1,404 | 50% |
| Lot Size | 6,160 | 5,320 | 69% |
| Price | $750.0K | $755.0K | 46% |
| Price per sq ft | $534 | $588 | 33% |
| Built year | 1954 | 1948 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 128 | 3% |
May 19, 2026
$749,950
Initial Listing