
El Cerrito, California 94530
This Versatile Multi-Level Residence is a High-Potential Investment Opportunity, listed at $1,299,000—positioned well below the $1,633,248 Fair Market Value by 20%. This valuation gap offers $334,248 in Instant Equity. Featuring a Mint Condition Rating, the home includes two remodeled kitchens, owned solar, and a flexible floor plan with a private-entry lower level. With sweeping panoramic views and a serene creek-side setting, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing lifestyle.
Stunning El Cerrito Hills home with panoramic views and income potential. 4bd/3ba, owned solar, and $334k in instant equity. Move-in ready, versatile floor plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 885 Shevlin Dr Subject 4 bd · 3 ba · 2,738 sqft · $597 | $1,299,000* List Price | 4 | 3 | 2,738 | $597 | - |
A 846 Arlington Blvd Active 4 bd · 4 ba · 2,716 sqft · $367 · 0.4 mi | $998,000 List Price | 4 | 4 | 2,716 | $367 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1955, the home has undergone extensive recent renovations. It features two fully remodeled modern kitchens with high-end stainless steel appliances, updated bathrooms, pristine hardwood flooring, and owned solar panels, putting it in mint, move-in-ready condition.
The dual-level layout with a private entrance and lockable interior staircase offers exceptional flexibility for multi-generational living, a home office, or potential rental income.
The property features sweeping views, a tranquil creek, and a lush backyard with mature fruit trees, providing a private and peaceful natural retreat.
The home includes a completely renovated lower level with a remodeled kitchen and owned solar panels, enhancing both the property's aesthetic appeal and energy efficiency.
The listing explicitly states that the square footage is not guaranteed, which may lead to discrepancies during the appraisal process or for buyers requiring precise measurements.
The presence of a creek and numerous mature fruit trees, while charming, requires specialized ongoing maintenance and could present potential drainage or landscaping challenges.
Perched in the El Cerrito Hills on a quiet, peaceful street, this light-filled home offers sweeping views, beautiful outdoor spaces, owned solar, and incredible flexibility for a variety of lifestyles. Tucked away from the hustle and bustle, the setting feels wonderfully private and serene, while still offering convenient access to everything El Cerrito has to offer. The main level features three bedrooms and two bathrooms, a galley kitchen, beautiful hardwood floors, abundant natural light, and expansive windows that showcase the surrounding views. Step onto the deck off the primary bedroom and take in the breathtaking outlook with your morning coffee. Downstairs, a spacious and completely renovated one-bedroom, one-bath living space offers a fresh, modern aesthetic, including a beautifully remodeled kitchen. With its own private exterior entrance, the lower level can function independently from the main home. At approximately 1,300 square feet*, there is plenty of room and flexibility for additional bedrooms, bathrooms, a home office, gym, or other uses. An interior staircase connects the two levels and can be locked, allowing the spaces to function together or separately. Outside, the beautiful backyard offers multiple areas for relaxing, entertaining, gardening, and enjoying the peaceful natural setting. Mature plum, pear, apple, persimmon, and kiwi trees add to the garden-like atmosphere, while a tranquil creek running through the backyard creates an unexpected sense of serenity. Live as one expansive single-family residence or enjoy the flexibility of two separate living spaces. Create a comfortable multi-generational arrangement, live on one level while renting the other, or utilize the property as an income-producing rental. With so many possibilities, this versatile floor plan offers the rare ability to evolve along with your needs. *Square footage not guaranteed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,738 | 1,645.308 |
| Lot Size | 5,750 | 5,293.596 |
| Price | $1.30M | $1.27M |
| Price per sq ft | $474 | $803 |
| Built year | 1955 | 1949 |
| HOA | $0 | $0 |
| Days on market | 36 | 33 |
Sep 18, 2026
$1,299,000
Initial Listing