2223 Lessley Ave, Castro Valley, California 94546, Castro Valley, 94546 - 2 bed, 1 bath
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2223 Lessley Ave
Castro Valley, California 94546
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,188Sq Ft
5,040Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$705,019
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $699,900—positioned well below the $705,019 Fair Market Value by 0.7%. This valuation gap offers $5,119 in Instant Equity for buyers. Featuring a Fair Condition Rating (4/10), the home requires modernization, yet offers a walkable Baywood location and a private backyard patio. While school ratings are modest, the property serves as a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Estimated Market Value
$705,019
Based on Realkey algorithm analyzing recent comparable sales in Castro Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2223 Lessley Ave Subject 2 bd · 1 ba · 1,188 sqft · $593 | $699,900* List Price | 2 | 1 | 1,188 | $593 | - |
A 2329 Vestal Ave Sold 2 bd · 1 ba · 1,192 sqft · $625 · 0.1 mi | $745,000 | 2 | 1 | 1,192 | $625 | 0.1 mi |
B 2293 Vestal Ave Sold 2 bd · 1 ba · 1,018 sqft · $737 · 0.1 mi | $749,888 | 2 | 1 | 1,018 | $737 | 0.1 mi |
C 2305 Star Ave Sold 3 bd · 2 ba · 1,586 sqft · $532 · 0.2 mi | $844,500 | 3 | 2 | 1,586 | $532 | 0.2 mi |
D 2220 Farley St Pending 2 bd · 1 ba · 1,188 sqft · $673 · 0.1 mi | $799,000 List Price | 2 | 1 | 1,188 | $673 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1948, this home is over 75 years old and retains dated systems, including a visible wall heater. While the interior features well-maintained hardwood floors and is neatly staged, the listing description explicitly states it is 'ready for your personal touch and updates,' and aerial images show a weathered roof and cracked driveway consistent with a property needing modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Walkability
Situated in the desirable Baywood neighborhood, this property offers exceptional walkability to Trader Joe’s and downtown Castro Valley, along with easy access to BART and major freeways for commuters.
- Classic Interior Appeal
The home features timeless hardwood floors and abundant natural light, providing a warm and inviting atmosphere that serves as a great foundation for personalized updates.
- Functional Outdoor Space
The property includes a well-sized backyard ideal for gardening and entertaining, complemented by a convenient 1-car garage for secure parking or additional storage.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned elementary and middle schools have low ratings (2/10 and 3/10 respectively), which may be a significant drawback for families with school-aged children.
- Limited Bathroom Count
With only one bathroom serving a three-bedroom layout, the home may present functional challenges for larger households or those who frequently host guests.
About 2223 Lessley Ave
Welcome to this delightful 2-bedroom, 1-bathroom home nestled on a peaceful, highly walkable street in Castro Valley’s desirable Baywood neighborhood. Filled with abundant natural light, the inviting interior features timeless hardwood floors and a versatile layout ready for your personal touch and updates. Step outside to a nice-sized backyard—ideal for relaxing, gardening, or weekend entertaining. Additional highlights include a convenient 1-car garage and a fantastic location within easy walking distance to Trader Joe’s and vibrant downtown Castro Valley. Commuters will love the effortless access to local freeways and BART. This is an opportunity you don't want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,040 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Castro Valley Unified Schools
Strobridge Elementary School
Grades K-6 • 0.5 mi
2/10
Bret Harte Middle School
Grades 7-8 • 1.1 mi
3/10
Hayward High School
Grades 9-12 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,188 | 1,782.99 |
| Lot Size | 5,040 | 7,378.72 |
| Price | $699.9K | $1.26M |
| Price per sq ft | $589 | $700 |
| Built year | 1948 | 1958 |
| HOA | $0 | $201 |
| Days on market | 8 | 39 |
Pricing History
Listed for Sale
Oct 16, 2026
$699,900
Initial Listing