2828 Cabrillo Dr, Tracy, CA 95376, Tracy, 95376 - 3 bed, 2 bath
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2828 Cabrillo Dr
Tracy, CA 95376
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,343Sq Ft
6,199Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$512,985
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $512,985 Fair Market Value by 3%. This valuation gap offers $17,985 in Instant Equity for buyers willing to address the Fair Condition Rating through targeted modernization. While the home features updated LVP flooring and a functional open-concept layout, the dated kitchen and HVAC system require capital investment. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through sweat equity.
Estimated Market Value
$512,985+$17,985 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tracy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2828 Cabrillo Dr Subject 3 bd · 2 ba · 1,343 sqft · $382 | $495,000* List Price | 3 | 2 | 1,343 | $382 | - |
A 221 Granada Way Sold 3 bd · 2 ba · 1,408 sqft · $384 · 0.1 mi | $540,000 | 3 | 2 | 1,408 | $384 | 0.1 mi |
B 309 Portola Way Sold 3 bd · 2 ba · 1,232 sqft · $326 · 0.2 mi | $402,000 | 3 | 2 | 1,232 | $326 | 0.2 mi |
C 735 Scarlett Place Sold 3 bd · 2 ba · 1,220 sqft · $434 · 1.0 mi | $530,000 | 3 | 2 | 1,220 | $434 | 1.0 mi |
D 475 Gordon Avenue Sold 3 bd · 2 ba · 1,152 sqft · $395 · 0.7 mi | $455,000 | 3 | 2 | 1,152 | $395 | 0.7 mi |
E 3285 Ernest Dr Sold 3 bd · 2 ba · 1,345 sqft · $416 · 0.2 mi | $560,000 | 3 | 2 | 1,345 | $416 | 0.2 mi |
F 350 E 22nd Street Sold 3 bd · 2 ba · 1,025 sqft · $454 · 0.4 mi | $465,000 | 3 | 2 | 1,025 | $454 | 0.4 mi |
G 213 Granada Way Pending 3 bd · 2 ba · 1,408 sqft · $354 · 0.2 mi | $499,000 List Price | 3 | 2 | 1,408 | $354 | 0.2 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 1965, this property has received recent cosmetic updates including new LVP flooring, carpet, and fresh paint. However, the kitchen remains dated with older appliances and tile countertops, and the listing agent explicitly notes the need for 'TLC' to reach full potential. The roof-mounted HVAC system appears aged, and the bathrooms likely require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Flooring Updates
The home features recently updated LVP flooring and new carpeting throughout, providing a fresh foundation for the interior and reducing immediate move-in costs.
- Strategic Location
Situated with easy freeway access and minutes from major shopping on Grant Line, the property offers excellent convenience for commuters and shoppers.
- Versatile Living Spaces
The open-concept layout with a brick fireplace, complemented by covered front and rear patios, creates a functional environment for both indoor and outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Required Improvements
The listing explicitly mentions the need for 'TLC' and a buyer's vision, indicating that the property requires additional capital investment for repairs and modernization.
- Modest School Ratings
The assigned K-8 school, North Elementary, currently holds a lower rating of 3, which may impact the property's appeal to families prioritizing high-performing school districts.
About 2828 Cabrillo Dr
Welcome to 2828 Cabrillo Dr in Tracy, CA, a 1,343-square-foot home with 3 bedrooms and 2 bathrooms. Home has updated LVP flooring and carpet throughout. The open concept allows for creative use of the space - one large living room or create a cozy nook in front of the brick fireplace. Enjoy the covered front porch or covered back patio area. Cabrillo is looking for someone to bring their vision and a little TLC to help bring it to its full potential. Easy access to freeway and close proximity to neighborhood parks and restaurants. Minutes from major shopping on Grant Line.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 6,199 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 • 0.4 mi
3/10
Merrill F. West High School
Grades 9-12 • 1.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,343 | 1,959.508 |
| Lot Size | 6,199 | 6,446.905 |
| Price | $495.0K | $690.0K |
| Price per sq ft | $369 | $355 |
| Built year | 1965 | 1996 |
| HOA | $0 | $286 |
| Days on market | 9 | 57 |
Pricing History
Listed for Sale
Oct 15, 2026
$495,000
Initial Listing