2261 Del Monte Dr, San Pablo, California 94806, San Pablo, 94806 - 4 bed, 2 bath
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San Pablo, California 94806
This property presents a Strong Value Opportunity with a List Price of $499,000—positioned well below the $544,210 Fair Market Value by 8%. This valuation gap offers $45,210 in Instant Equity for buyers. Featuring a Fair Condition Rating of 5, the home requires a full rehab, yet offers significant upside with its San Pablo Bay views and RV/Boat parking. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a coastal setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2261 Del Monte Dr Subject | $499,000* List Price | 4 | 2 | 1,441 | $378 | - |
A 2570 Brian Rd Sold | $560,000 | 3 | 2 | 1,372 | $408 | 0.8 mi |
B 1453 Lettia Road Sold | $410,000 | 3 | 2 | 1,051 | $390 | 1.0 mi |
C 2147 Murphy Dr Sold | $444,000 | 3 | 2 | 1,122 | $396 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1967 (57 years old) with no apparent renovations, this property is explicitly marketed as a 'fixer.' The kitchen and bathrooms are original to the era, and the interior photos show significant flooring damage and dated systems, requiring a full rehab to be brought to modern standards.
Situated just one block from the water, the property offers desirable San Pablo Bay views and immediate access to the San Francisco Bay Trailhead and shoreline coastal trails.
As a 4-bedroom fixer priced under $500,000, this property presents a prime opportunity for investors or builders to renovate and capture substantial instant equity in a coastal setting.
The 6,000-square-foot lot includes dedicated space for RV or boat parking, a rare and valuable feature for outdoor enthusiasts and homeowners with extra vehicles.
Explicitly listed as a fixer-upper, the home will require a significant capital investment for repairs and modernization to reach its full market potential.
The assigned middle school has a low rating of 2/10, which may be a concern for families prioritizing high-performing educational districts.
Incredible Potential and True Bay Front Living!! This fixer is located just 1 block in from the Water, and just a couple blocks from desirable San Francisco Bay Trailhead in the unincorporated San Pablo. Spacious 4 bed, 2 bath home offers endless potential. Wonderful 4 bedroom layout with spacious Primary Suite. Create your dream outdoor space over looking the peaceful San Pablo Bay waters. RV or Boat Parking. Ideal for investors, builders, or buyers ready to renovate or move-in and slowly upgrade, create instant equity. Located steps from shoreline coastal trails, shopping, dining, Richmond Parkway, and Hwy 80. Make this amazing opportunity to own a dream home with Bay Water Views yours!! ***Open House Sunday May 31, 1-4pm.***
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.3 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,441 | 1,184 | 66% |
| Lot Size | 6,000 | 5,457 | 59% |
| Price | $499.0K | $600.0K | 17% |
| Price per sq ft | $346 | $472 | 11% |
| Built year | 1967 | 1957 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 169 | 1% |
May 20, 2026
$499,000
Initial Listing
Mar 31, 1994
$162,000
Public Record