
El Cerrito, California 94530
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $1,027,126 Fair Market Value by 12%. This valuation gap offers $128,126 in Instant Equity for buyers. While the home maintains a Condition Rating of 4, the functional 3/2 layout and prime commuter location near BART provide a solid foundation for modernization. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to build value through targeted cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7418 Stockton Avenue Subject | $799,000* List Price | 3 | 2 | 1,208 | $725 | - |
A 1505 Everett St Sold | $890,000 | 2 | 1 | 1,353 | $658 | 0.9 mi |
B 423 Norvell St Sold | $1,025,000 | 3 | 1 | 1,212 | $846 | 0.7 mi |
C 931 931 Elm St Sold | $902,000 | 4 | 5 | 1,500 | $601 | 0.4 mi |
D 229 Ramona Ave Active | $799,000 List Price | 2 | 1 | 1,024 | $780 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home has received a cosmetic refresh including fresh paint and newer stainless steel appliances. However, the kitchen retains original knotty pine cabinetry and the overall aesthetic remains dated (exceeding the 20-year threshold for modern updates). While functional and move-in ready, it requires modernization of core areas to meet current 'Good' or 'Excellent' standards.
Situated in the heart of El Cerrito, this property offers exceptional access to BART and major highways, making it a highly desirable location for Bay Area professionals.
Priced at $899,000, this home represents a rare and accessible entry point for a three-bedroom single-family residence in a high-demand East Bay neighborhood.
The three-bedroom, two-bathroom configuration provides a versatile and efficient floor plan that maximizes the utility of the 1,208 square foot living space for families or remote workers.
The property was recently sold within the past year on 2026-05-06. The sold price is $670,000.00.
As a 1955 build, the property may require significant capital investment to modernize original systems, such as electrical, plumbing, or insulation, to meet current standards.
With only 1,208 square feet of living space, the home may feel restrictive for buyers seeking expansive common areas or large primary suites common in newer constructions.
Exceptional opportunity in El Cerrito. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 1,208 | 1,580.973 |
| Lot Size | 4,950 | 5,412.622 |
| Price | $799.0K | $1.22M |
| Price per sq ft | $661 | $786 |
| Built year | 1955 | 1950 |
| HOA | $0 | $0 |
| Days on market | 46 | 33 |
Aug 5, 2026
$799,000
$899,000
-11% Price Drop
Initial Listing
Jul 25, 2026
$899,000
Initial Listing
May 6, 2026
$670,000
Public Record