$455,000
SOLD MAY 1, 2025

516 1st St Rodeo, CA 94572

5 Beds
4 Baths
1,837 Sq Ft
5,938 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

1% Above List Price

25 Days on Market

About This Home

As of May 2025

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)

Last Agent to Sell the Property

Davide Pio, CCIM

Bcre License #01522969 Listed on: 03/15/2025

Last Buyer's Agent

Kristopher Mares

KW Advisors License #02188892

KW Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Laminate Flooring
  • 5,938 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 1,837 Sq Ft Building
  • Contra Costa Association

Listing and Financial Details

  • Assessor Parcel Number 3570410039

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Directions: GPS
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: None
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: See Remarks
  • Construction Type: Brick, Stucco
  • Exterior Features: No Yard, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Natural Gas
  • Utilities: All Public Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
  • Cooling: No Air Conditioning, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5938
  • Parcel Number: 3570410039
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Apr 28, 2025
Sold by
Aulakh Charitable Remainder Unitrust and Aulakh Manjit Singh
Bought by
Jaime Perez Living Trust and Perez
Seller's Agent
Davide Pio, CCIM
Bcre
Buyer's Agent
Kristopher Mares
KW Advisors
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Views
82
Current Estimated Value
$441,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,441
Avg. Annual Appreciation
-4.51%
Original Mortgage
$295,750
Outstanding Balance
$294,707
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$146,852

Purchase Details

Closed on
Feb 29, 2024
Sold by
Manjit And Ravinder Revocable Trust
Bought by
Aulakh Charitable Remainder Unitrust and Aulakh

Purchase Details

Closed on
Sep 2, 2022
Sold by
Aulakh Manjit Singh and Aulakh Ravinder Kaur
Bought by
Manjit And Ravinder Revocable Trust

Purchase Details

Closed on
Jun 22, 2015
Sold by
Dhillon Yadvindra Singh and Aulakh Manjit Singh
Bought by
Aulakh Manjit Singh and Aulakh Ravinder Kaur

Purchase Details

Closed on
Sep 8, 2005
Sold by
Bendix George W
Bought by
Dhillon Yadvindra Singh and Aulakh Manjit Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $455,000 Lawyers Title
Deed -- None Listed On Document
Quit Claim Deed -- --
Interfamily Deed Transfer $85,000 None Available
Grant Deed $220,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,750 New Conventional
Previous Owner $180,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Sold $455,000 -51.1% $248 / Sq Ft
05/01/2025 05/01/25 Sold $930,000 +95.8% $188 / Sq Ft View Prior Sale
04/09/2025 04/09/25 Pending -- -- --
03/16/2025 03/16/25 Price Changed $475,000 +2.7% $259 / Sq Ft
03/16/2025 03/16/25 Price Changed $462,500 +2.8% $252 / Sq Ft
03/15/2025 03/15/25 For Sale $450,000 -55.0% $245 / Sq Ft
02/04/2025 02/04/25 Off Market $1,000,000 -- --
10/24/2024 10/24/24 Price Changed $1,000,000 -13.0% $202 / Sq Ft
04/18/2024 04/18/24 For Sale $1,150,000 -- $233 / Sq Ft
Source: Contra Costa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,900 $249,464 $96,722 $152,742
2024 $4,900 $244,574 $94,826 $149,748
2023 $6,195 $239,779 $92,967 $146,812
2022 $5,925 $235,079 $91,145 $143,934
2021 $5,841 $230,470 $89,358 $141,112
2019 $5,716 $223,636 $86,708 $136,928
2018 $5,605 $219,252 $85,008 $134,244
2017 $5,510 $214,954 $83,342 $131,612
2016 $5,163 $210,740 $81,708 $129,032
2015 $5,610 $250,148 $90,961 $159,187
2014 $5,697 $245,249 $89,180 $156,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41089635

Contra Costa Association of REALTORS®

APN: 357-041-003-9