
Castro Valley, California 94546
This Versatile Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $1,180,000—positioned well below the $1,238,826 Fair Market Value by 4%. This valuation gap offers $58,826 in Instant Equity. Featuring a remodeled kitchen, energy-efficient mini-split AC, and a 2-bedroom detached ADU, the home maintains a Condition Rating of 2. Located within walking distance to the 8-rated Chabot Elementary, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking income-producing potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3270 Keith Ave Subject 5 bd · 4 ba · 1,934 sqft · $610 | $1,080,000* List Price | 5 | 4 | 1,934 | $610 | - |
A 3781 Cottage Ct Sold 3 bd · 2 ba · 1,803 sqft · $624 · 0.4 mi | $1,125,000 | 3 | 2 | 1,803 | $624 | 0.4 mi |
B 17676 Garland Ct Sold 4 bd · 2 ba · 1,888 sqft · $646 · 0.6 mi | $1,220,000 | 4 | 2 | 1,888 | $646 | 0.6 mi |
C 18911 Sydney Cir Sold 4 bd · 3 ba · 1,914 sqft · $718 · 0.5 mi | $1,375,000 | 4 | 3 | 1,914 | $718 | 0.5 mi |
D 17888 Mayflower Dr Sold 4 bd · 2 ba · 1,900 sqft · $632 · 0.5 mi | $1,200,000 | 4 | 2 | 1,900 | $632 | 0.5 mi |
E 19574 Stanton Ave Sold 3 bd · 2 ba · 2,008 sqft · $548 · 0.5 mi | $1,100,000 | 3 | 2 | 2,008 | $548 | 0.5 mi |
F 2761 Stanton Heights Ct Sold 3 bd · 3 ba · 1,887 sqft · $636 · 0.4 mi | $1,200,000 | 3 | 3 | 1,887 | $636 | 0.4 mi |
G 3635 Northwood Dr Sold 3 bd · 2 ba · 1,858 sqft · $700 · 0.5 mi | $1,300,000 | 3 | 2 | 1,858 | $700 | 0.5 mi |
H 3439 Wyndale Dr Sold 3 bd · 3 ba · 1,812 sqft · $662 · 0.3 mi | $1,200,000 | 3 | 3 | 1,812 | $662 | 0.3 mi |
I 18490 Carlwyn Dr Pending 5 bd · 3 ba · 2,380 sqft · $541 · 0.3 mi | $1,288,000 List Price | 5 | 3 | 2,380 | $541 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1945, the property has undergone a comprehensive recent renovation (likely within the last 5 years) including a remodeled kitchen, updated bathrooms, and a modern 2-bedroom ADU conversion. The home features high-value system upgrades such as energy-efficient mini-split HVAC, a leased solar system, and dual-pane windows. The interior shows mint-condition finishes with new flooring and fresh paint throughout, requiring no immediate maintenance.
The detached garage conversion into a 2-bedroom, 1-bathroom unit provides a turnkey opportunity for rental income, guest accommodations, or multi-generational living.
Ideally situated within walking distance to the highly-rated Chabot Elementary School and close to Lake Chabot Regional Park, offering significant appeal for families and outdoor enthusiasts.
The property features extensive updates including a remodeled kitchen, updated bathrooms, energy-efficient mini-split AC, and dual-pane windows, ensuring modern comfort in a classic 1945 build.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1934, other record living area = 1454. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With five bedrooms and four bathrooms distributed across two structures on a 5,418 sqft lot, the remaining private outdoor space is relatively constrained for a property of this capacity.
The solar system is leased rather than owned, which requires the buyer to assume an ongoing financial contract and may be a deterrent for those seeking a debt-free utility setup.
Welcome to this beautifully updated single-story cottage offering comfort, flexibility, and excellent income potential. The main residence features 3 bedrooms and 3 full bathrooms, a remodeled kitchen, updated bathrooms, spacious living areas, energy-efficient mini-split Air Conditioning, and a leased solar system to help reduce energy costs. The detached garage has been converted into a 2 bedroom, 1 bath, providing an excellent opportunity for multi-generational living, guest accommodations, or rental income. Additional highlights include updated flooring, dual-pane windows, and tasteful finishes throughout. A long gated driveway provides ample off-street parking and leads to the detached garage, with space for RV or boat parking. Ideally situated within walking distance to Chabot Elementary School and conveniently close to shopping, restaurants, public transportation, community centers, and parks. Enjoy nearby Lake Chabot Regional Park, featuring scenic hiking and walking trails, fishing, picnic areas, and outdoor recreation. Whether you're looking for a spacious home for extended family or a property with income-producing potential, this home offers exceptional versatility in a convenient location. A wonderful opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 4.0 | 2.3 |
| Square foot | 1,934 | 1,782.99 |
| Lot Size | 5,418 | 7,378.72 |
| Price | $1.08M | $1.26M |
| Price per sq ft | $558 | $700 |
| Built year | 1945 | 1958 |
| HOA | $0 | $201 |
| Days on market | 30 | 39 |
Oct 21, 2026
$1,080,000
$1,180,000
-8% Price Drop
Initial Listing
Sep 24, 2026
$1,180,000
Initial Listing
Jan 25, 2023
$915,000
Public Record