716 Gelston Pl, El Cerrito, California 94530, El Cerrito, 94530 - 4 bed, 4 bath
716 Gelston Pl
El Cerrito, California 94530
Property Price
SUMMARY
Analysis of 716 Gelston Pl, El Cerrito, California 94530 reveals a Prime Investment Opportunity with a current list price of $2,149,000—significantly undercutting the $2,219,572 Fair Market Value by 3%. This valuation gap indicates a +$70,572 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the El Cerrito Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 716 Gelston Pl Subject | $2,149,000* List Price | 4 | 4 | 4,064 | $546 | - |
A 857 857 Balra Dr Active | $1,698,000 List Price | 4 | 4 | 2,823 | $601 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is exceptionally well-maintained by the original owner and is move-in ready. While the 1965 architecture and certain interior finishes like the ornate drapery and wall-to-wall carpeting reflect a dated aesthetic, the main kitchen has been modernly renovated with a large island and stone countertops. The inclusion of high-value functional upgrades such as an electric vehicle charger and a 5000-volt backup generator indicates that the major systems are well-maintained and updated beyond the home's original era.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Panoramic Views
The property boasts spectacular, unobstructed views of the San Francisco Bay, bridges, and city lights from nearly every room, including a dedicated top-floor observation lounge.
- Multi-Generational Living Potential
A lower-level suite featuring a full kitchen and half-bath provides an ideal setup for an in-law unit, guest quarters, or potential rental income.
- Modern Infrastructure Upgrades
The home is forward-thinking with the inclusion of an electric vehicle charging station and a 5,000-volt backup generator for power reliability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4064, other record living area = 2682.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4950, living area = 4064.
- Limited Outdoor Space
With a large 4,064 square foot structure on a 4,950 square foot lot, there is very little flat yard space for traditional outdoor recreation or gardening.
About 716 Gelston Pl
Spectacular panoramic views of SF Bay and beyond from almost every room. 3rd floor is a large recreation/family room with views to die for, with fully enclosed sitting room attached for enjoying the view. Original owner has maintained and updated the home extremely well. Stunning views from living room, each bedroom and the large rec room on the top floor. There is a potential in-law suite on lower floor with a full kitchen and half-bath downstairs. Main (2nd floor) kitchen has been updated and features a large island. 2nd floor also features a large formal dining room as well as a breakfast nook. 2nd floor hall bath is equiped with a walk-in Safe-Step jetted tub. Primary bedroom/bathroom is also on the 2nd floor and features a large walk through closet, sauna and, of course, a panoramic view. This property is also equiped with an electric car charger and a 5000 volt generator for backup power. All this just a short drive from the city and also close to shops, dining, transportation and more. Most of the custom made furniture on the property can be included in the sale, if desired. Open House 2-4pm Sunday 3/8.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 4,950 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 4,064 | 1,591 | 99% |
| Lot Size | 4,950 | 5,000 | 34% |
| Price | $2.15M | $1.19M | 99% |
| Price per sq ft | $529 | $769 | 7% |
| Built year | 1965 | 1948 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 150 | 3% |
Pricing History
Listed for Sale
Jan 29, 2026
$2,149,000
Initial Listing