2734 Balboa Dr, Tracy, CA 95376, Tracy, 95376 - 3 bed, 2 bath
2734 Balboa Dr
Tracy, CA 95376
Property Price
SUMMARY
Analysis of 2734 Balboa Dr, Tracy, CA 95376 reveals a Prime Investment Opportunity with a current list price of $525,000—significantly undercutting the $542,472 Fair Market Value by 3%. This valuation gap indicates a +$17,472 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tracy 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 |
|---|---|---|---|---|---|---|
★ 2734 Balboa Dr Subject | $525,000* List Price | 3 | 2 | 1,209 | $449 | - |
A 2770 Colony Drive Sold | $539,000 | 3 | 2 | 1,208 | $446 | 0.3 mi |
B 313 Portola Way Sold | $535,000 | 4 | 3 | 1,199 | $446 | 0.2 mi |
C 19 E 21st Street Sold | $560,000 | 3 | 1 | 1,216 | $461 | 0.4 mi |
D 239 E 20th Sold | $455,000 | 3 | 2 | 1,073 | $424 | 0.5 mi |
E 34 Pereira Avenue Sold | $530,000 | 3 | 1 | 1,085 | $488 | 0.5 mi |
F 2935 Holly Drive Active | $539,999 List Price | 3 | 2 | 1,104 | $489 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1965, the property has undergone an extensive top-to-bottom renovation within the last 5 years. The interior features a brand-new kitchen with modern cabinetry, updated bathrooms, new flooring, and a contemporary open-concept layout. The description and images indicate that all components are virtually new and meet current quality standards, making it a turnkey home with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovation
The property has been completely renovated from top to bottom, featuring a brand-new kitchen with modern cabinets and fresh paint, offering a move-in-ready experience.
- Modern Open Layout
The open-concept living space creates a bright and contemporary atmosphere that is highly desirable for modern lifestyles and entertaining, a significant upgrade for a 1960s home.
- Functional Outdoor Space
With a spacious 6,410 sq. ft. lot and a private backyard patio, the property provides excellent utility for outdoor gatherings and summer barbecues.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1965, the home's core systems and structural elements are nearly 60 years old, which may lead to higher long-term maintenance needs compared to newer constructions.
- Modest School Ratings
The local K-8 school carries a lower rating of 3, which could be a drawback for families prioritizing high-performing educational districts.
About 2734 Balboa Dr
Welcome to your dream home in Tracy! This stunning 3-bedroom, 2-bathroom single-story has been completely renovated from top to bottom. The brand-new kitchen features gorgeous new cabinets and fresh paint, creating a bright and modern feel. The open-concept living space is perfect for both relaxing and entertaining. Step outside to your private backyard patio, an ideal spot for summer barbecues and gatherings. With a 2-car garage and a spacious 6,410 sq. ft. lot, this home has it all. Don't miss out on this turnkey gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 6,410 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
Tracy Unified Schools
North Elementary School
Grades K-8 • 0.2 mi
Merrill F. West High School
Grades 9-12 • 1.6 mi
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 | 1,209 | 1,650 | 21% |
| Lot Size | 6,410 | 5,894 | 73% |
| Price | $525.0K | $595.0K | 24% |
| Price per sq ft | $434 | $367 | 78% |
| Built year | 1965 | 1989 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 183 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$525,000
Initial Listing
Sold
Jul 13, 2007
$350,000
Public Record