Sold for $455,000

$455,000

516 1st St, Rodeo, CA 94572

5beds

4baths

1,837sqft

Multi Family

Built in 1949

-- sqft lot

$909,100 Zestimate^®

$248/sqft

$2,254 Estimated rent

Home value

$909,100

$818,000 - $1.02M

$2,254/mo

Zestimate^® history

Owner options

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$2,254/mo

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$2,254/mo

Rent Zestimate^®

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$2,904/mo

Est. payment

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$2,904/mo

Est. payment

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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)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

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 Square Feet
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

Community & HOA

Community

Features: None

HOA

Has HOA: No

Location

Region: Rodeo

Financial & listing details

Price per square foot: $248/sqft
Date on market: 3/15/2025
Total actual rent: 1600

Price history

Date	Event	Price
5/1/2025	Sold	$455,000-4.2%$248/sqft
Source: CCAR #41089635 Report a problem
4/10/2025	Pending sale	$475,000$259/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41089635 Report a problem
3/16/2025	Listed for sale	$475,000-36.6%$259/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41089635 Report a problem
8/4/2023	Listing removed	--
Source: Zillow Rentals Report a problem
7/7/2023	Price change	$1,900-5%$1/sqft
Source: Zillow Rentals Report a problem
6/15/2023	Listed for rent	$2,000$1/sqft
Source: Zillow Rentals Report a problem
8/11/2022	Listing removed	--
Source: bridgeMLS/CCAR/Bay East AOR #40986087 Report a problem
5/18/2022	Price change	$749,000-6.4%$408/sqft
Source: bridgeMLS/CCAR/Bay East AOR #40986087 Report a problem
3/24/2022	Listed for sale	$800,000+88.2%$435/sqft
Source: bridgeMLS/CCAR/Bay East AOR #40986087 Report a problem
9/3/2016	Listing removed	$425,000$231/sqft
Source: TRI Investment Services, Inc. #442768 Report a problem
6/21/2016	Price change	$425,000-10.5%$231/sqft
Source: TRI Investment Services, Inc. #442768 Report a problem
3/3/2016	Listed for sale	$475,000$259/sqft
Source: TRI Investment Services, Inc. #21604250 Report a problem