
Castro Valley, California 94546
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $799,950—positioned well below the $838,272 Fair Market Value by 4%. This valuation gap offers $38,322 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home provides a functional, move-in ready layout with hardwood floors and a private patio, while offering significant upside for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4516 Edwards Ln Subject | $799,950* List Price | 3 | 2 | 1,275 | $657 | - |
A 18758 Crane Ave Sold | $930,000 | 3 | 3 | 1,316 | $707 | 0.6 mi |
B 20048 Sapphire St Sold | $982,000 | 3 | 2 | 1,596 | $615 | 0.3 mi |
C 22079 22079 Queen St Sold | $745,000 | 2 | 1 | 1,272 | $586 | 1.0 mi |
D 4231 Somerset Ave Active | $999,950 List Price | 3 | 1 | 1,285 | $778 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is functional and move-in ready but dated. The kitchen features a previous renovation (likely 15-20 years old) with honey-oak cabinetry and white appliances. The interior retains original 1960s elements such as popcorn ceilings and a brick fireplace. While it has modern touches like LED lighting and leased solar, the overall condition requires cosmetic updates to meet current standards, fitting the 'Fair' criteria.
The home features freshly painted interiors and beautiful hardwood floors throughout, allowing buyers to move in immediately while planning future updates.
The desirable single-story floor plan includes a primary suite with a private bathroom, offering accessibility and a practical flow for various lifestyles.
With a competitive price point and 'great bones,' this property provides an excellent opportunity for investors or first-time buyers to build equity through cosmetic customization.
While functional, the home is marketed as a project for those looking to 'update and customize,' suggesting that some systems or finishes may be dated.
The property includes a leased solar system, which requires the buyer to assume an existing contract and may impact monthly debt-to-income ratios.
Wonderful opportunity to own this inviting single-level home with great bones and endless potential! Freshly painted inside and featuring beautiful hardwood floors throughout, this home is comfortable to move right into while you update and customize it to your own style over time. The updated kitchen offers an eat-in dining area, electric range and oven, ample cabinetry, and opens to the main living spaces. The floor plan includes a spacious living room, dining area, and a primary suite with its own private full bathroom. Additional features include LED lighting throughout, an attached two-car garage, leased solar, and a driveway that may be widened by removing the existing shrubs to create additional off-street parking. Whether you're a first-time buyer, investor, or someone looking to add your own personal touches, this home offers an outstanding opportunity to build equity in a desirable single-level floor plan. Bring your vision and make it shine!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,275 | 1,812 |
| Lot Size | 5,922 | 6,893 |
| Price | $800.0K | $1.25M |
| Price per sq ft | $627 | $710 |
| Built year | 1963 | 1956 |
| HOA | $0 | $273 |
| Days on market | 2 | 35 |
Jul 20, 2026
$799,950
Initial Listing
Mar 8, 2002
$375,000
Public Record