FAT Deal

4BR/3BA 2396sqft — 1012 Contra Costa Dr, EL CERRITO

1012 Contra Costa Dr, EL CERRITO, CA

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4BR/3BA 2396sqft — 1012 Contra Costa Dr, EL CERRITOFix & FlipActive
4 bd 3 ba 2,396 sf
Leaflet © Google

1012 Contra Costa Dr, EL CERRITO, CA

Listing Agent

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8/30/2026

Listed

94530

ZIP

0

Offers

Analyze

Investment Snapshot

Asking

$899,000

Est. ARV

$1,550,000

Rehab

$275,000

Est. Profit

$221,000

Est. ROI

18.8%

Deal Verdict

Marginal Deal

• Moderate ROI of 18.8% — meets the minimum 15% threshold for a viable flip.

• Profit margin of 14.3% is workable but leaves little room for cost overruns.

• Verify rehab estimates carefully — thin margins can erode quickly with unexpected repairs.

Asking Price: $899,000

The current listed purchase price. This is what you pay to acquire the property before any renovation work begins.

Est. ARV (After-Repair Value): $1,550,000

The projected market value of the property once all renovations are complete. Based on comparable sales of similar renovated properties in the area.

Rehab Budget: $275,000

The estimated cost to renovate the property to a standard that achieves the ARV. Includes materials, labor, permits, and contractor overhead.

Est. Profit: $221,000

The projected net profit after subtracting the asking price, rehab budget, holding costs, and selling costs from the ARV. This is your estimated take-home after a successful flip.

How Est. Profit Was Calculated

After-Repair Value (ARV)+ $1,550,000
Asking Price− $899,000
Rehab Budget− $275,000
Est. Profit= $221,000

How Est. ROI Was Calculated

Est. Profit$221,000
Total Investment (Asking + Rehab)÷ $1,174,000
× 100× 100
Est. ROI= 18.8%

These are estimates based on comparable sales and market data. Actual costs and returns vary based on scope of work, market conditions, financing terms, and timeline. Always verify with a licensed contractor and real estate professional before investing.

Condition: Fixer needing structural & foundation repair
Motivation: Distressed sale / Quick close preferred
Active10 DOM
Suggested Max Offer

$810,000

Based on the 70% rule: ARV × 70% − Rehab ($1,550,000 × 0.70 − $275,000). This is the most you should pay to keep the flip profitable. The offer form opens pre-filled with this amount.

$89,000 below asking — negotiate down to protect your margin.

A guideline, not a guarantee. Adjust for financing, holding and closing costs before submitting.

Property Details

Suggested Max Offer

$810,000

Based on the 70% rule: ARV × 70% − Rehab ($1,550,000 × 0.70 − $275,000). This is the most you should pay to keep the flip profitable. The offer form opens pre-filled with this amount.

$89,000 below asking — negotiate down to protect your margin.

A guideline, not a guarantee. Adjust for financing, holding and closing costs before submitting.

Lot Size

7,841 sqft

Days on Market

10

Monthly HOA

None

Disclaimer: FAT connects buyers, sellers and investors. Offers and LOIs are expressions of interest — not binding contracts. Verify all property details, title and financials with qualified professionals before transacting.