66 Ambrose Ave, Bay Point, California 94565, Bay Point, 94565 - bed, bath
ACTIVE$749,900/sqft
66 Ambrose Ave, Bay Point, California 94565
0Bed
0Bath
Sqft
19,254Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Dual Dwelling Opportunity: The property features two separate homes on one expansive lot, providing exceptional flexibility for rental income, multi-generational living, or owner-occupancy with an additional income stream.
Top Cons:
As-Is Sale Condition: The property is being sold 'AS-IS,' indicating the seller will not undertake repairs, which could necessitate substantial immediate investment from the buyer for renovations, deferred maintenance, or system upgrades.
Compared to the nearby listings
Price:$749.9K vs avg $669.5K (+$80,450)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1930 (96 years old).
Condition: Built in 1930, this property is nearly a century old and is being sold 'AS-IS.' The MLS description explicitly notes the 'Advanced Age of Structures' and 'Potential for Significant Renovation Costs,' suggesting outdated infrastructure (plumbing, electrical, roofing) and a need for substantial modernization. The exterior images show a dated appearance, unkempt surroundings, and no evidence of recent updates. While described as having a 'functional layout,' the property likely requires extensive repairs and rehabilitation to meet current standards and provide comfortable living, aligning with the 'Poor' condition criteria.
Year Built
1930
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41120937
Home ConditionPoor
Features
View-
About this home
Two Homes on One Lot – 19,000 Sq Ft Parcel in Bay Point Rare opportunity to purchase two separate houses on one expansive 19,000 sq ft lot in Bay Point. House #1 features 3 bedrooms and 1 bathroom, offering a functional layout with strong rental or owner-occupant potential. House #2 includes 1 bedroom and 2 bathrooms, providing flexibility for extended family, rental income, or additional use. The oversized lot presents excellent upside potential for investors, multi-generational living, or those seeking additional outdoor space. Property is being sold AS-IS. Opportunities like this are hard to find—get it while it lasts.
L
Lennart Persson
Listing Agent
Nearby schools
3/10
Bel Air Elementary School
Public,•K-5•0.9mi
4/10
Rio Vista Elementary School
Public,•K-5•1.3mi
3/10
Riverview Middle School
Public,•6-8•0.9mi
3/10
Mt. Diablo High School
Public,•9-12•5.4mi
Price History
Date
Event
Price
07/30/21
Sold
$505,000
06/13/17
Sold
$325,000
05/13/16
Sold
$200,000
Condition Rating
Poor
Built in 1930, this property is nearly a century old and is being sold 'AS-IS.' The MLS description explicitly notes the 'Advanced Age of Structures' and 'Potential for Significant Renovation Costs,' suggesting outdated infrastructure (plumbing, electrical, roofing) and a need for substantial modernization. The exterior images show a dated appearance, unkempt surroundings, and no evidence of recent updates. While described as having a 'functional layout,' the property likely requires extensive repairs and rehabilitation to meet current standards and provide comfortable living, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Dual Dwelling Opportunity: The property features two separate homes on one expansive lot, providing exceptional flexibility for rental income, multi-generational living, or owner-occupancy with an additional income stream.
Expansive Lot Size: A substantial 19,000 sq ft parcel offers rare outdoor space, potential for expansion, gardening, or future development, subject to local zoning regulations.
Income Generating Potential: Classified as 'Residential Income' and 'Duplex,' the property is inherently designed for generating rental revenue from one or both units, appealing to investors.
Versatile Use Cases: This unique offering caters to a wide range of buyers, including investors seeking cash flow, families needing space for extended relatives, or owner-occupants looking to offset mortgage costs.
Unique Investment Opportunity: Properties with two distinct homes on a single large parcel are uncommon in the market, presenting a rare and potentially high-value investment opportunity in Bay Point.
Cons
As-Is Sale Condition: The property is being sold 'AS-IS,' indicating the seller will not undertake repairs, which could necessitate substantial immediate investment from the buyer for renovations, deferred maintenance, or system upgrades.
Advanced Age of Structures: Built in 1930, both homes are nearly a century old, suggesting potential for outdated infrastructure (plumbing, electrical, roofing), higher ongoing maintenance costs, and a likely need for significant modernization to meet contemporary standards.
Potential for Significant Renovation Costs: Given the age and 'as-is' status, buyers should anticipate considerable expenses for updating and improving the properties to maximize their rental potential or inhabitability, which could impact immediate return on investment.