2135 2135 173rd Avenue, Castro Valley, California 94546, Castro Valley, 94546 - 3 bed, 2 bath
2135 2135 173rd Avenue
Castro Valley, California 94546
Property Price
SUMMARY
Analysis of 2135 2135 173rd Avenue, Castro Valley, California 94546 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $764,001 Fair Market Value by 8%. This valuation gap indicates a +$65,001 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Castro Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2135 2135 173rd Avenue Subject | $699,000* List Price | 3 | 2 | 1,245 | $614 | - |
A 17356 Rolando Ave Sold | $860,000 | 3 | 2 | 1,232 | $698 | 0.1 mi |
B 2633 Somerset Sold | $775,000 | 3 | 2 | 1,423 | $545 | 0.5 mi |
C 21284 Tyee St Sold | $725,000 | 2 | 1 | 1,048 | $692 | 0.8 mi |
D 21259 Hobert St Pending | $788,888 List Price | 3 | 2 | 1,293 | $610 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This 1954 custom-built home is well-maintained and structurally solid but remains largely in its original state. While it features charming original oak floors and a brick fireplace, the kitchen and bathrooms are significantly outdated with mid-century fixtures and appliances. It meets the 'fair' criteria as an aged property that has been kept up through regular care but requires modernization of its major systems and interior finishes to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Bay Views
Nestled in the west-facing Castro Valley hills, the property offers picturesque views of the Bay and evening sunsets directly from the living room.
- Enhanced Functional Space
Beyond the listed square footage, the home includes a ground-level bonus room and an unusually large garage, providing significant extra utility and storage.
- Custom Build Quality
This 1954 custom-built home features original oak floors and a solid structure, reflecting a level of craftsmanship and durability often missing in modern builds.
CONSRISKS & DEFICIENCIES
- Need for Modernization
As a long-held family property from 1954, the interior likely requires cosmetic updates and system modernizations to align with current market trends.
- Hillside Lot Limitations
The hillside topography and unique lot shape may restrict usable flat outdoor space for gardening or recreation compared to traditional level lots.
About 2135 2135 173rd Avenue
Pretty home nestled into the west facing Castro Valley hills. From the living room, with old oak floors and a brick fireplace, you can watch time slip away as the sky over the Bay changes from day to night. This is a unique property: from the shape of the lot to its custom build in 1954, and still solid. Like other hillside properties in the area, this one has a ground level bonus room but this has, adjacent, an unusually large garage. The house feels and really is bigger than the listed 1,254 sf. Interestingly, the original builder's family will pass the keys to the next owner who will undoubtedly add to the home's charm and longevity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 4,081 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,245 | 1,538.5 | 26% |
| Lot Size | 4,081 | 6,175 | 3% |
| Price | $699.0K | $1.08M | 2% |
| Price per sq ft | $561 | $685 | 22% |
| Built year | 1954 | 1955 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 171 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$699,000
Initial Listing