7316 7316 Rockway Ave, El Cerrito, California 94530, El Cerrito, 94530 - 3 bed, 2 bath

7316 7316 Rockway Ave, El Cerrito, California 94530 home-pic-0

7316 7316 Rockway Ave

El Cerrito, California 94530

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,442Sq Ft
4,000Lot Size

Property Price

LIST PRICE$849,000
EST. MARKET VALUE
$896,512
5% BelowMARKET VALUE

SUMMARY

Analysis of 7316 7316 Rockway Ave, El Cerrito, California 94530 reveals a Prime Investment Opportunity with a current list price of $849,000—significantly undercutting the $896,512 Fair Market Value by 5%. This valuation gap indicates a +$47,512 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$896,512 +$47,512 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cerrito.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
7316 7316 Rockway Ave
Subject
$849,000*
List Price
321,442$622-
A
619 Norvell St
Sold
$1,000,000321,546$6470.3 mi
B
5720 El Dorado Ave
Pending
$799,000
List Price
331,500$5330.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This 1940s home has undergone extensive recent renovations, featuring freshly refinished oak hardwood floors throughout and a fully updated kitchen with a modern sensibility. The primary bathroom has been refreshed, and the property shows no signs of deferred maintenance. With its seamless indoor-outdoor flow and high-quality contemporary updates, the home meets the criteria for a property renovated within the last five years.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location & Walkability

    Situated on a tree-lined street just minutes from BART, local cafes, and shops, this home offers exceptional convenience and is located less than a tenth of a mile from Harding Elementary School.

  • Seamless Indoor-Outdoor Flow

    The thoughtfully designed level-in layout provides direct access to the rear garden and patio from the kitchen, dining area, and primary bedroom, creating an ideal environment for entertaining and daily living.

  • Modernized Character

    This 1940s home features tasteful updates including a remodeled kitchen, refreshed bathrooms, and refinished oak floors, successfully blending original architectural charm with contemporary functionality.

CONSRISKS & DEFICIENCIES

  • Compact Lot Size

    At 4,000 square feet, the lot is relatively modest for the area, which may limit extensive outdoor recreational space or future footprint expansion possibilities.

  • Vintage Infrastructure Risks

    Given the home's 1940 construction date, buyers should anticipate potential maintenance or upgrade requirements for aging mechanical and structural systems typical of properties from this era.

About 7316 7316 Rockway Ave

Built in 1940, this thoughtfully updated home offers 1,442 square feet of single-level living on a 4,000 square foot lot.* The level-in floor plan includes three bedrooms and two bathrooms, with freshly finished oak floors throughout. An updated kitchen and refreshed primary bath bring a modern sensibility while honoring the home’s original character. A brick, wood-burning fireplace anchors the living space, adding warmth and architectural texture. The rear garden and patio are beautifully integrated into the home’s layout, with direct access from the primary bedroom, kitchen, and dining area, creating a natural indoor-outdoor flow for daily living and entertaining. An awning-covered front entry is paired with a brick patio at the front of the home, which offers an inviting place to sit and connect with the neighborhood. Set on a tree-lined street just minutes to shops, cafés, and BART, the location balances residential calm with everyday convenience.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
4,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

El Cerrito Unified Schools

Harding Elementary School

Grades K-6 • 0.1 mi

5/10

Fred T. Korematsu Middle School

Grades 7-8 • 0.9 mi

4/10

El Cerrito Senior High School

Grades 9-12 • 0.2 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,4421,546
48%
Lot Size4,0005,000
21%
Price$849.0K$1.18M
16%
Price per sq ft$589$769
18%
Built year19401948
25%
HOA$0$0
50%
Days on market8150
1%

Pricing History

Listed for Sale

Feb 27, 2026

$849,000

Initial Listing

Browse Properties by State Browse housing market trends by state