423 Norvell St, El Cerrito, California 94530, El Cerrito, 94530 - 3 bed, 1 bath
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El Cerrito, California 94530
This 1927 Value-Add Residential Asset is listed at $978,000, positioned above the $839,478 Fair Market Value due to its exceptional location and expansion upside. Currently holding a Poor Condition Rating, the 1,212-square-foot structure requires a comprehensive interior renovation to reach its full potential. The property offers Significant Value-Add Potential through a partially finished basement and a spacious yard with room for expansion. Located steps from Top-Rated Schools and the El Cerrito BART Station, this project is a high-upside acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 423 Norvell St Subject | $978,000* List Price | 3 | 1 | 1,212 | $693 | - |
A 535 Norvell St Sold | $1,065,000 | 3 | 1 | 1,154 | $923 | 0.2 mi |
B 7029 Stockton Avenue Sold | $705,000 | 3 | 2 | 1,238 | $569 | 0.5 mi |
C 6727 Waldo Avenue Sold | $725,000 | 2 | 1 | 1,139 | $637 | 0.7 mi |
D 118 Ramona Ave Active | $798,000 List Price | 3 | 2 | 1,125 | $709 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927, this property is a classic fixer-upper requiring substantial rehabilitation to meet modern standards. While the listing notes newer heating and water systems, the visual evidence shows a kitchen and bathroom that are severely outdated and in poor condition; the bathroom floor specifically shows significant staining and wear. The interior features dated popcorn ceilings, old wallpaper, and mirrored walls. Although the hardwood floors and original architectural details provide a base for value-add, the home is currently in a state that necessitates a full gut renovation of the primary living spaces.
The property is ideally situated minutes from the El Cerrito BART station and El Cerrito Plaza, offering exceptional transit access to San Francisco and the greater Bay Area.
With a partially finished basement, side yard access, and expansion possibilities, this home provides a versatile canvas for investors or owners to build equity through modernization.
Located within walking distance (less than 0.3 miles) of both Harding Elementary and El Cerrito Senior High School, the property is highly attractive for families prioritizing education access.
The 3-bedroom residence features only one bathroom, which may be a significant drawback for modern families or those seeking a more functional layout.
While the home retains vintage charm, it requires updates and modernization to meet contemporary standards, implying immediate additional capital expenditure for the buyer.
Situated in desirable El Cerrito location & community. Great for owner occupant seeking to add value with upgrades & modernization or investor potential. Stylish home with 3 bedroom & 1 bath, hardwood floors, bright country kitchen & breakfast nook with built in cabinet and large formal dining room for family gatherings. Upgrades include newer central heating system & newer water heater. Partially finished basement & spacious yard area with room for for garden or play & possible expansion possibitities. Plenty of offstreet parking and side yard access. MINUTES to all conveniences, EL CERRITO BART STATION with access to San Francisco & greater Bay Area, El Cerrito Plaza for shopping, various local restaurants, recreation areas & walking trails. HURRY ON THIS ONE!!!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.5 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,212 | 1,532 | 34% |
| Lot Size | 4,800 | 5,000 | 28% |
| Price | $978.0K | $1.15M | 33% |
| Price per sq ft | $807 | $774 | 58% |
| Built year | 1927 | 1947 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 173 | 2% |
Apr 10, 2026
$978,000
Initial Listing