232 Loma Verde Dr, San Lorenzo, California 94580, San Lorenzo, 94580 - 2 bed, 2 bath
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San Lorenzo, California 94580
This Townhouse Style Condo is a Prime Investment Opportunity, listed at $479,000—positioned well below the $499,150 Fair Market Value by 4%. This valuation gap offers $20,150 in Instant Equity for buyers. The property holds a Fair Condition Rating, featuring a private patio with deck, a detached one-car garage, and an updated furnace. Located in the San Lorenzo district near local schools, it provides a functional layout ready for cosmetic personalization. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 232 Loma Verde Dr Subject | $479,000* List Price | 2 | 2 | 1,056 | $473 | - |
A 33 Paseo Grande D Sold | $510,000 | 2 | 2 | 1,056 | $483 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is functional but dated, fitting the 'Fair' criteria for homes >20 years old. While it features an updated furnace, newer electric range, and a bathroom surface update, the kitchen cabinets, linoleum flooring, and popcorn ceilings are original or aged. The listing explicitly notes the need for minor cosmetic updates.
The unit includes both a dedicated parking space directly in front and a detached, finished one-car garage, providing exceptional convenience and storage rarely found in condo living.
A large, private patio featuring a deck offers a significant outdoor extension of the living space, perfect for entertaining and barbecues.
Priced below market value to account for minor cosmetic needs, this property presents an excellent opportunity for buyers to build immediate sweat equity in a gated community.
The property requires minor cosmetic improvements, which may necessitate an additional upfront budget for paint, flooring, or other aesthetic finishes.
While the property is conveniently located near several schools, the assigned elementary and middle schools currently hold lower performance ratings, which may be a consideration for families.
Welcome home to this 2 story Townhouse Style Condo. Gated access to this well located 2 bedroom, 1.5 bath unit with its own dedicated parking space directly in front of unit. A detached, finished 1 car garage too. Large, Private patio with deck is ideal for entertaining and barbecues. The functional kitchen features ample cabinet and counter space, newer 5 burner electric range and a double door refrigerator. Adjacent to the kitchen is an inside laundry area with a washer/dryer. The main bath located between 2 spacious bedrooms has been updated with a solid surface surround. There is an updated furnace. The under market list price reflects the need for minor cosmetic updates.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,056 | 50% |
| Lot Size | 40,464 | 40,464 | 50% |
| Price | $479.0K | $510.0K | 33% |
| Price per sq ft | $454 | $483 | 33% |
| Built year | 1984 | 1985 | 33% |
| HOA | $315.0 | $315 | 50% |
| Days on market | 7 | 141 | 33% |
Apr 15, 2026
$479,000
Initial Listing
Aug 21, 1998
$134,000
Public Record