24 Mountain View Ave, Bay Point, California 94565, Bay Point, 94565 - bed, bath
ACTIVE$749,000
24 Mountain View Ave, Bay Point, California 94565
0Bed
0Bath
Sqft
8,850Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Transit Access: The property boasts an excellent location with close proximity to BART and bus services, offering convenient commuting options and enhancing its appeal for residents.
Top Cons:
Requires Significant Renovation/Sweat Equity: The description indicates a need for 'sweat equity,' implying the property requires substantial renovation, repairs, or upgrades to reach its full potential.
Compared to the nearby listings
Price:$749.0K vs avg $580.0K (+$169,000)85%
Size: sqft vs avg 1,497 sqft1%
Price/sqft:$0 vs avg $3761%
More Insights
Built in 1933 (92 years old).
Condition: This property, built in 1933, is nearly a century old. The listing explicitly states it requires 'sweat equity' and 'significant renovation,' indicating substantial repairs and rehabilitation are needed. The complete absence of interior images, particularly for the kitchen and bathrooms, strongly suggests these areas are in very outdated or poor condition and are not a selling point. The visible window AC unit in one exterior photo further points to outdated cooling systems. While the property is described as 'cash flowing,' implying habitability, its age and the stated need for extensive work place it firmly in the 'Poor' category, requiring major updates to meet modern standards and comfort.
Year Built
1933
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41103426
Home ConditionPoor
Features
Patio
View-
About this home
Location! Location! Location! BART and Buses close by in this Bay Point Area. Income! Income! Income! Take the money to the bank. Great set up for Investor willing to put in some sweat equity into this cash flowing property. Great Location for owner occupant wanting a lot of space with rents to help pay the mortgage. Room for possible ADU in back of lot. Tenants are willing to stay but are also cooperative to a possible move.
Condition Rating
Poor
This property, built in 1933, is nearly a century old. The listing explicitly states it requires 'sweat equity' and 'significant renovation,' indicating substantial repairs and rehabilitation are needed. The complete absence of interior images, particularly for the kitchen and bathrooms, strongly suggests these areas are in very outdated or poor condition and are not a selling point. The visible window AC unit in one exterior photo further points to outdated cooling systems. While the property is described as 'cash flowing,' implying habitability, its age and the stated need for extensive work place it firmly in the 'Poor' category, requiring major updates to meet modern standards and comfort.
Pros & Cons
Pros
Prime Location & Transit Access: The property boasts an excellent location with close proximity to BART and bus services, offering convenient commuting options and enhancing its appeal for residents.
Strong Income Potential: Explicitly marketed as a 'cash flowing property' with 'Income! Income! Income!', it presents a significant opportunity for investors seeking rental revenue.
ADU Development Potential: The large 8,850 sq ft lot offers 'Room for possible ADU in back of lot,' providing an avenue to increase property value and generate additional rental income.
Flexible Occupancy Options: Existing tenants are 'willing to stay but are also cooperative to a possible move,' offering flexibility for both investors (retaining tenants) and owner-occupants (vacant possession).
Investor/Owner-Occupant Appeal: The property is positioned as ideal for both investors looking for cash flow and owner-occupants seeking rental income to help offset mortgage payments.
Cons
Requires Significant Renovation/Sweat Equity: The description indicates a need for 'sweat equity,' implying the property requires substantial renovation, repairs, or upgrades to reach its full potential.
Advanced Age of Property: Built in 1933, the property is nearly a century old, suggesting potential for outdated systems, infrastructure, and general wear and tear that may require costly updates.
Limited Interior Details Provided: The listing description focuses heavily on location and income potential, lacking specific details about the interior condition, number of rooms, or square footage, which might suggest the interior is not a primary selling point in its current state.