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1238 Frances Rd, San Pablo, CA 94806

$545K3bd · 1ba · 855 sqft
Lot 5,500 sqft•Single Family Residence•
Active
•54d on market•MLS# 01-41145838

Property Description

Investment Opportunity in San Pablo! This tenant-occupied 3-bedroom, 1-bath home offers an attractive opportunity for investors looking to add a property with an established rental arrangement to their portfolio. The current tenants would like to continue renting, providing a potential transition with minimal vacancy concerns. The approximately 855 sq. ft. home sits on a generous 5,500 sq. ft. lot and features laminate wood flooring throughout the main living areas, an updated kitchen with granite countertops and recently updated cabinetry, and a refreshed bathroom with tile finishes. The light-filled living and dining areas feature vaulted, beamed ceilings and an open-concept feel. New sliding glass doors provide the rear bedrooms with additional natural light and convenient access to the backyard. The expansive backyard is one of the property's standout features, offering plenty of space for outdoor enjoyment and a potential opportunity to explore the addition of an ADU for future rental income. Conveniently located within walking distance of Hilltop Mall, Walmart, Montalvin Elementary School and Making Waves Academy, with easy access to shopping, public transportation, Point Pinole Regional Shoreline, In-N-Out and more. Quick access to Richmond Parkway, I-80 and I-580 makes commuting throughout the East Bay and to San Francisco convenient. A property with current rental income, a large lot and potential for future value-add opportunities deserves a closer look.

Features & Amenities

FeeBuilt 1953

Property Details

Land Type
Fee
Year Built
1953
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace
Flooring
Laminate, Tile
City
San Pablo
Zip Code
94806
County
Contra Costa
Listed bySecurity Pacific Real Estate, Sergio Sosa

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,755.82
Principal & Interest
Loan Amount
$436,000
Total Interest
$556,094
Total Payment Over 30 Years
$992,094
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 4 active · 5 closed

1238 Frances Rd, San Pablo, CA 94806

San Pablo · Single Family Residence

$545K
Affordable Tier
Beds
3
Baths
1
Sqft
855
Lot
5,500 sqft
Year
1953
$/Sqft
$637
Pool: No✓

Listed 10.1% above the median closed sale of $495,000. Price per sqft ($637) is a 18% premium to closed comps ($540). Closed comps sold at 107% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $545K· $637/sqft
Total list price
Closed comps
vs closed median $495K
+$50K (+10.1%)
Active comps
vs active median $549K
−$4K (−0.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $536
+$101 (+18.8%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1512 15Th StSan Pablo1942329003,050$544$489,9005786
2190 Giant RdSan Pablo1956319607,854$572$549,00024385
2909 21stSan Pablo1944321,0015,000$579$579,8886681
1875 18Th StSan Pablo1961321,0443,000$450$470,0005079
Total: 4 · Average3.01.8976.254,726$536.25$522,197104
Median1,001$549,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1075 Rachel RdSan Pablo195310/01/2026319565,850$499,000$520,000$5441.045095
2854 16Th StSan Pablo194307/31/2026319202,500$375,000$455,000$4951.216989
1612 Emeric AveSan Pablo195506/08/2026319634,935$499,000$560,000$5821.126288
2501 MacArthur AveSan Pablo194308/10/2026218175,100$525,000$495,000$6060.944787
2636 17th STREETSan Pablo194405/12/2026319964,116$449,000$470,000$4721.053887
Total: 5 · Average2.81.0930.44,500.2$500,000$500,000$539.8—53.2
Median956$495,000$495,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.