857 857 Balra Dr, El Cerrito, California 94530, El Cerrito, 94530 - 4 bed, 4 bath

857 857 Balra Dr, El Cerrito, California 94530 home-pic-0

857 857 Balra Dr

El Cerrito, California 94530

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,823Sq Ft
4,600Lot Size

Property Price

LIST PRICE$1,698,000
EST. MARKET VALUE
$1,819,715
6% BelowMARKET VALUE

SUMMARY

Analysis of 857 857 Balra Dr, El Cerrito, California 94530 reveals a Prime Investment Opportunity with a current list price of $1,698,000—significantly undercutting the $1,819,715 Fair Market Value by 6%. This valuation gap indicates a +$121,715 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

$1,819,715 +$121,715 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
857 857 Balra Dr
Subject
$1,698,000*
List Price
442,823$645-
A
1009 Richmond St
Sold
$1,325,000422,400$5520.4 mi
B
8170 Terrace Dr
Sold
$1,550,000332,156$7190.5 mi
C
1000 Navellier St
Sold
$1,560,000332,091$7460.2 mi
D
713 Midcrest Way
Sold
$1,515,000452,537$5970.4 mi
E
1328 Scott Street
Sold
$1,530,000432,004$7630.6 mi
F
1009 1009 Everett St
Active
$1,650,000
List Price
542,200$7500.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone a comprehensive recent renovation, transforming the 1949 structure into a modern residence. The kitchen and bathrooms feature contemporary finishes, high-quality craftsmanship, and updated appliances. With an open-concept layout, new flooring, modern light fixtures, and the addition of skylights, all major components appear new or virtually new, meeting the highest quality standards with no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Expansive Hillside Views

    The property offers unobstructed, sweeping views from multiple levels, providing a serene, retreat-like atmosphere that is highly coveted in the El Cerrito Hills.

  • Modernized Interior

    Recently renovated with high-quality craftsmanship, the home features an open-concept layout, updated kitchen and bathrooms, and contemporary finishes throughout.

  • Flexible Living Space

    With 2,823 square feet and multiple bonus rooms, the floor plan provides exceptional versatility for a home office, gym, or guest accommodations.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2823, other record living area = 1632.

  • Limited Usable Lot

    The 4,600 square foot lot is relatively small for a home of this size, likely resulting in minimal flat outdoor yard space due to the steep hillside topography.

  • Multi-Level Navigation

    The vertical design across multiple levels may present accessibility challenges and requires frequent stair usage to navigate between the primary living areas.

About 857 857 Balra Dr

Newly renovated hillside home offering expansive, unobstructed views from multiple levels. This 4-bedroom, 4-bathroom residence combines modern updates with a flexible and functional floor plan designed for comfortable living. The home is filled with abundant natural light, enhanced by skylights on the top level that brighten the interior throughout the day. Large windows frame sweeping views that create a serene setting rarely found in everyday living. The main level features an open-concept layout with seamless flow between living, dining, and kitchen areas. The updated kitchen and bathrooms showcase contemporary finishes and quality craftsmanship. Multiple bonus rooms provide versatile space ideal for a home office, gym, media room, or guest accommodations. Each level offers its own scenic outlook, delivering a peaceful hillside atmosphere that feels like a retreat. Situated in a desirable El Cerrito location, this property presents a unique opportunity to own a thoughtfully renovated home with expansive views and flexible living space.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1949
Lot Size
4,600 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
78%
Baths4.02.0
94%
Square foot2,8231,591
94%
Lot Size4,6005,000
27%
Price$1.70M$1.19M
96%
Price per sq ft$601$769
22%
Built year19491948
51%
HOA$0$0
50%
Days on market3150
1%

Pricing History

Listed for Sale

Mar 4, 2026

$1,698,000

Initial Listing

Sold

Nov 16, 2023

$889,000

Public Record

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