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Sold for $455,000 on 05/01/25
  • $455,000

    516 1st St, Rodeo, CA 94572

    --beds
    --baths
    1,837sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $908,100 Zestimate®
    $248/sqft
    $2,425 Estimated rent

    Home value

    $908,100

    $817,000 - $1.01M

    $2,425/mo

    Zestimate® history
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    What's special

    Four (4) apartment units from an originally converted commercial space. Can be sold with neighboring property (MLS 41056680). Seller financing available w 40%+ down Does *NOT* qualify for typical 4 unit financing. Cap Rate - 7.97% (Current) | GRM - 6.71 (Current) vs Cap Rate - 8.35% (Proforma) | GRM - 6.54 (Proforma)

    Zillow last checked: 8 hours ago

    Listing updated: May 01, 2025 at 10:33am

    Listed by:

    Davide Pio DRE #01522969 510-815-2000,

    Bcre

    Bought with:

    Kristopher Mares, DRE #02188892

    Kw Advisors

    Source: CCAR,MLS#: 41089635MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas
    Cooling
    • No Air Conditioning, Other
    Features
    • Flooring: Laminate
    Interior area
    • Total structure area: 1,837
    • Total interior livable area: 1,837 sqft

    Property

    Parking
    • Parking features: Off Street
    Lot
    • Size: 6,098 sqft
    • Features: See Remarks, No Yard
    Details
    • Parcel number: 3570410039
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Stucco
    • Roof: Composition
    Condition
    • Year built: 1949

    Utilities & green energy

    • Utilities for property: Natural Gas Connected, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Rodeo

    HOA & financial

    Other financial information
    • Total actual rent: 1600

    Price history

    DateEventPrice
    5/1/2025Sold$455,000-4.2%$248/sqft
    Source: CCAR #41089635
    4/10/2025Pending sale$475,000$259/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41089635
    3/16/2025Listed for sale$475,000-36.6%$259/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41089635
    8/4/2023Listing removed--
    Source: Zillow Rentals
    7/7/2023Price change$1,900-5%$1/sqft
    Source: Zillow Rentals

    Public tax history

    Tax history is unavailable.

    Neighborhood: 94572

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $908,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $908,100