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8530 Terrace Dr, El Cerrito, California 94530, El Cerrito, 94530 - 2 bed, 2 bath

8530 Terrace Dr, El Cerrito, California 94530 home-pic-0
ACTIVE$795,000$1,767/sqft
Est. Value: $814,865
2%
FairlyEstimate
8530 Terrace Dr, El Cerrito, California 94530
2Beds
2Baths
1,767Sqft
5,400Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $795,000.

Key pros and cons

Top Pros:
Exceptional Panoramic Views: Offers breathtaking panoramic views of the SF Bay, San Francisco skyline, downtown Oakland, Mount Tamalpais, and coveted Golden Gate views from the backyard.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1767, other record living area = 1218. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.

Compared to the nearby listings

Price:$795.0K vs avg $1.20M ($-405,000)10%
Size:1,767 sqft vs avg 1,668 sqft56%
Price/sqft:$450 vs avg $7744%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952 and explicitly described as a 'fixer-upper,' this property requires substantial rehabilitation despite some recent cosmetic updates. The kitchen features very dated cabinets, countertops, flooring, and appliances, necessitating a full renovation. The main bathroom is also significantly outdated with 1950s-era tile and fixtures. While some areas have new luxury vinyl plank flooring and fresh paint, and a new roof and sewer lateral are scheduled, the core functional spaces are far from modern and require significant investment to meet current standards. The property's age suggests other major systems may also be outdated.
Year Built
1952
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
41120804
Home ConditionPoor
Features
Excellent View:
Patio
View-

About this home

Perched in the sought-after El Cerrito Hills, this fixer-upper offers breathtaking panoramic views of the SF Bay, San Francisco skyline, downtown Oakland, and Mount Tamalpais, with coveted Golden Gate views enjoyed from the backyard. It presents an excellent opportunity for buyers seeking to customize & add value in a premier location. The freshly painted interior provides a bright, inviting backdrop, complemented by refinished oak hardwood floors on the main level. The lower-level features new luxury vinyl plank flooring for a clean, modern look and added durability. A third bedroom was converted years ago into a rumpus room, offering flexible living or entertaining space; a bid is available to convert it back to a bedroom or additional living area if desired. Significant improvements are already in progress, with a new roof and sewer lateral scheduled for installation, helping to reduce future maintenance concerns. Outside, the spacious, level backyard enjoys full afternoon sun and offers outstanding potential for gardening, outdoor entertaining, or future enhancements—all while taking in iconic Bay Area views. With its exceptional location, dramatic vistas & strong upside potential, this property is a rare opportunity to create a custom home and invest in a true view setting.

D
Darrell Hoh
Listing Agent
Condition Rating
Poor
Built in 1952 and explicitly described as a 'fixer-upper,' this property requires substantial rehabilitation despite some recent cosmetic updates. The kitchen features very dated cabinets, countertops, flooring, and appliances, necessitating a full renovation. The main bathroom is also significantly outdated with 1950s-era tile and fixtures. While some areas have new luxury vinyl plank flooring and fresh paint, and a new roof and sewer lateral are scheduled, the core functional spaces are far from modern and require significant investment to meet current standards. The property's age suggests other major systems may also be outdated.
Pros & Cons

Pros

Exceptional Panoramic Views: Offers breathtaking panoramic views of the SF Bay, San Francisco skyline, downtown Oakland, Mount Tamalpais, and coveted Golden Gate views from the backyard.
Prime El Cerrito Hills Location: Situated in the highly sought-after El Cerrito Hills, providing a desirable address and strong investment potential.
Significant Value-Add Opportunity: Presents an excellent chance for buyers to customize and add substantial value in a premier view setting.
Major System Upgrades Underway: New roof and sewer lateral are scheduled for installation, proactively addressing significant maintenance concerns for the buyer.
Recent Interior Cosmetic Updates: Features a freshly painted interior, refinished oak hardwood floors on the main level, and new luxury vinyl plank flooring downstairs, providing a bright and modern foundation.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1767, other record living area = 1218. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
Fixer-Upper Status: The property is explicitly described as a 'fixer-upper,' indicating it requires substantial renovation and investment to realize its full potential and meet modern living standards.
Converted Bedroom Layout: A third bedroom has been converted into a rumpus room, which may necessitate additional costs and effort for buyers desiring a traditional three-bedroom configuration.
Potential for Outdated Systems (Age): Built in 1952, the property's age suggests that while some cosmetic updates are present, other core systems (e.g., electrical, plumbing, HVAC) may be original or outdated and could require future upgrades.
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