
Pittsburg, California 94565
This property presents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $425,993 Fair Market Value by 3%. This valuation gap offers $15,993 in Instant Equity for buyers prepared to manage a comprehensive renovation. Featuring a Condition Rating of 5, the home requires a full gut rehabilitation, including structural repairs. The 8,000 sqft lot provides significant upside for future development. This is a major rehabilitation project ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Salisbury Dr Subject 5 bd · 3 ba · 1,710 sqft · $249 | $410,000* List Price | 5 | 3 | 1,710 | $249 | - |
A 164 Lorraine Ave Sold 3 bd · 2 ba · 1,664 sqft · $270 · 1.0 mi | $450,000 | 3 | 2 | 1,664 | $270 | 1.0 mi |
B 3076 Stevenson St Sold 3 bd · 1 ba · 1,306 sqft · $270 · 0.7 mi | $353,000 | 3 | 1 | 1,306 | $270 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 (51 years old) and described as a major fixer in shell-like condition with significant structural defects, including an opening in an exterior wall. While it has a newer roof, the interior and systems require a complete gut rehabilitation and extensive repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1710.
With a 5-bedroom, 3-bathroom configuration and over 1,700 square feet, this property offers a substantial footprint for investors to maximize resale value in the Garden Heights neighborhood.
The property features a newer roof reportedly installed following an insurance claim, providing a critical structural upgrade that reduces immediate capital expenditure for the next owner.
The home is in shell-like condition with significant damage, including an opening in an exterior wall, requiring a complete and costly rehabilitation rather than simple cosmetic updates.
Due to its severe condition and 'as-is' status, the property will likely not qualify for traditional financing, limiting the buyer pool to cash investors or those with specialized renovation loans.
INVESTOR SPECIAL – MAJOR FIXER OPPORTUNITY! Calling all investors, contractors, and experienced renovators! Bring your vision and creativity to 5 Salisbury Drive in Pittsburg. This property is in need of extensive repairs and renovation, offering an opportunity for those looking to take on a substantial project. The home is currently in shell-like condition and has a newer roof reportedly installed following an insurance claim. The property has significant existing damage, including an opening in an exterior wall, and will require substantial work to restore. This is not a cosmetic fixer-upper! Ideal for an experienced investor or contractor ready to take on a major rehabilitation project. Buyer to independently investigate property condition, permits, and feasibility of intended improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,710 | 1,612.066 |
| Lot Size | 8,000 | 5,693.571 |
| Price | $410.0K | $591.2K |
| Price per sq ft | $240 | $353 |
| Built year | 1973 | 1979 |
| HOA | $0 | $158 |
| Days on market | 9 | 47 |
Oct 15, 2026
$410,000
Initial Listing