401 Colusa Ave, El Cerrito, California 94530, El Cerrito, 94530 - 4 bed, 3 bath
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El Cerrito, California 94530
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,090,000—positioned well below the $1,195,434 Fair Market Value by 8%. This valuation gap offers $105,434 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern kitchen updates and refinished hardwood floors. Located within 0.2 miles of top-rated schools and offering peekaboo Bay views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Colusa Ave Subject | $1,090,000* List Price | 4 | 3 | 1,814 | $659 | - |
A 305 Coronado St Sold | $1,135,000 | 3 | 2 | 1,613 | $704 | 0.4 mi |
B 931 931 Elm St Sold | $902,000 | 4 | 5 | 1,500 | $601 | 0.9 mi |
C 5720 El Dorado Ave Sold | $805,000 | 3 | 3 | 1,500 | $537 | 0.9 mi |
D 211 San Carlos Ave Pending | $949,000 List Price | 2 | 2 | 1,238 | $767 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1939, the property shows clear evidence of a high-quality renovation within the 5-15 year range. The kitchen is updated with stone countertops and modern cabinetry, the hardwood floors are refinished, and the exterior/windows have been modernized. While some systems like wall heaters appear older, the home is well-maintained and move-in ready.
Situated on a prominent corner lot in the Fairmount neighborhood, the property is just steps away from local favorites like FatApple's, cafes, and shops, offering an exceptionally convenient lifestyle.
The home is ideally located within 0.2 miles of both Harding Elementary and El Cerrito High School, providing rare and immediate access to highly-rated public education.
With 4 bedrooms, 3 bathrooms, and peekaboo Bay views from the upper level, this 1,814 sqft home offers a spacious and functional floor plan that is highly sought after in this market.
Built in 1939, the property may require significant updates to its aging systems, such as plumbing, electrical, or insulation, to meet modern efficiency and safety standards.
Despite being a corner lot, the 4,600 sqft size is relatively modest for the area, which may limit future expansion possibilities or the desire for a larger private yard.
401 Colusa Ave is on an expansive corner lot, offering timeless charm and exceptional livability. The upper-level bedroom enjoys beautiful peekaboo Bay views, while the inviting outdoor spaces—including a serene patio and private backyard—provide an ideal retreat for entertaining or unwinding. Located just moments from FatApple's, neighborhood cafés, shops, locally loved public schools and everyday conveniences, this home perfectly blends privacy, comfort, and an unbeatable location. A rare opportunity to own a truly special property.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,814 | 1,729.5 |
| Lot Size | 4,600 | 5,731.5 |
| Price | $1.09M | $1.20M |
| Price per sq ft | $601 | $769 |
| Built year | 1939 | 1950 |
| HOA | $0 | $0 |
| Days on market | 6 | 32 |
Jul 16, 2026
$1,090,000
Initial Listing
Apr 23, 1999
$285,000
Public Record