40 Las Moradas Cir, San Pablo, California 94806, San Pablo, 94806 - 2 bed, 2 bath
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San Pablo, California 94806
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $253,051 Fair Market Value by -18%. While the unit is in Fair Condition Rating (4/10), it offers a functional layout with a rare bonus office and in-unit laundry. The community provides excellent amenities, including a pool and tennis courts. Despite the high HOA fees and lower-rated local schools, the property’s walkability and flexible floor plan make it a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking entry-level housing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Las Moradas Cir Subject | $299,000* List Price | 2 | 2 | 1,049 | $241 | - |
A 2011 Market Ave 317 Sold | $253,000 | 2 | 1 | 949 | $267 | 0.8 mi |
B 2581 2581 El Portal Dr C Active | $388,000 List Price | 2 | 3 | 1,250 | $310 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is functional and move-in ready but clearly dated. The presence of popcorn ceilings, older kitchen cabinetry, and dated linoleum/carpet flooring indicates that while the unit is well-maintained, it has not undergone a comprehensive modern renovation within the last 15 years.
As a top-floor end unit, this property offers superior privacy and abundant natural light, further enhanced by a rare bonus office room that provides flexible living space.
The unit includes highly desirable features such as in-unit laundry and two parking spaces (one garage and one designated), plus access to a clubhouse, pool, and tennis courts.
The property is ideally situated within walking distance to the San Pablo Dam Shopping Center, hospitals, and public transit, offering excellent convenience for residents.
The $625 monthly association fee is relatively high compared to the list price, which may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned public schools have low performance ratings (ranging from 1 to 3), which may deter families and potentially limit long-term capital appreciation.
Top Floor & End Unit. Full of sunlights. 2 bed 2 bath and one extra office room. In-unit Laundry. One Car garage and one designated parking space. Safe and Convenient. HOA includes water & garbage. Community has club house, tennis field and swimming pool. Walk to San Pablo Dam Shopping Center, Hospital, Restaurantes and bus stations.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 57% |
| Square foot | 1,049 | 1,005 | 57% |
| Lot Size | - | - | 50% |
| Price | $299.0K | $299.0K | 50% |
| Price per sq ft | $285 | $285 | 50% |
| Built year | 1981 | 1986 | 29% |
| HOA | $625.0 | $604 | 57% |
| Days on market | 25 | 200 | 14% |
May 20, 2026
$299,000
Initial Listing
Oct 21, 2021
$380,000
Public Record
Aug 29, 2014
$189,000
Public Record
Dec 16, 2003
$215,500
Public Record