
1238 Frances Rd, San Pablo, CA 94806
1238 Frances Rd, San Pablo, CA 94806
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
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 4 active · 5 closed
San Pablo · Single Family Residence
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.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1512 15Th St | San Pablo | 1942 | 3 | 2 | 900 | 3,050 | $544 | $489,900 | 57 | 86 |
| 2190 Giant Rd | San Pablo | 1956 | 3 | 1 | 960 | 7,854 | $572 | $549,000 | 243 | 85 |
| 2909 21st | San Pablo | 1944 | 3 | 2 | 1,001 | 5,000 | $579 | $579,888 | 66 | 81 |
| 1875 18Th St | San Pablo | 1961 | 3 | 2 | 1,044 | 3,000 | $450 | $470,000 | 50 | 79 |
| Total: 4 · Average | 3.0 | 1.8 | 976.25 | 4,726 | $536.25 | $522,197 | 104 | |||
| Median | 1,001 | $549,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1075 Rachel Rd | San Pablo | 1953 | 10/01/2026 | 3 | 1 | 956 | 5,850 | $499,000 | $520,000 | $544 | 1.04 | 50 | 95 |
| 2854 16Th St | San Pablo | 1943 | 07/31/2026 | 3 | 1 | 920 | 2,500 | $375,000 | $455,000 | $495 | 1.21 | 69 | 89 |
| 1612 Emeric Ave | San Pablo | 1955 | 06/08/2026 | 3 | 1 | 963 | 4,935 | $499,000 | $560,000 | $582 | 1.12 | 62 | 88 |
| 2501 MacArthur Ave | San Pablo | 1943 | 08/10/2026 | 2 | 1 | 817 | 5,100 | $525,000 | $495,000 | $606 | 0.94 | 47 | 87 |
| 2636 17th STREET | San Pablo | 1944 | 05/12/2026 | 3 | 1 | 996 | 4,116 | $449,000 | $470,000 | $472 | 1.05 | 38 | 87 |
| Total: 5 · Average | 2.8 | 1.0 | 930.4 | 4,500.2 | $500,000 | $500,000 | $539.8 | — | 53.2 | ||||
| Median | 956 | $495,000 | $495,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.