100 12th St, Richmond, California 94801, Richmond, 94801 - 2 bed, 2 bath
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Richmond, California 94801
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well above the $509,087 Fair Market Value by 17%. While the property requires a full rehab given its Fair Condition Rating, the dual-APN configuration and two-unit layout provide significant Value-Add potential. With a proven rental history of $2,300 per unit, this asset offers strong cash-flow prospects for Buy-and-Hold Investors or Contractors capable of modernizing the aging infrastructure and maximizing the 2,800 sqft lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 100 12th St Subject | $599,000* List Price | 2 | 2 | 1,200 | $424 | - |
A 502 Pennsylvania Sold | $455,000 | 4 | 2 | 1,254 | $363 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945 (79 years old) with no evidence of recent renovations. The exterior shows signs of deferred maintenance on the roofline and trim, while the interior utility space shows significant wear and dated systems, indicating the property is a candidate for a full rehab.
The property includes two separate APN numbers sold together and features two units, providing excellent flexibility for rental income, multi-generational living, or future resale strategies.
With a reported rental history of $2,300 per month per unit, the property demonstrates strong cash-flow potential and a high cap rate relative to its list price.
Listed at $599,000 for a multi-unit configuration, this property represents an accessible entry point into the Bay Area real estate market for investors or first-time buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2800, other record lot size in square feet = 1400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Built in 1945, the property may require significant updates to its core systems, such as plumbing, electrical, and roofing, to meet modern building codes and efficiency standards.
The 2,800 square foot lot is quite compact for a multi-unit setup, which limits private outdoor space and may create challenges for tenant parking and storage.
Escrow open with Old Republic title Fairfield Kathy Gilginas offers email to michellemino@hotmail.com the property has 2 different apn numbers but sold together Both units were rented for $2300 per month
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,200 | 1,157 |
| Lot Size | 2,800 | 5,000 |
| Price | $599.0K | $681.0K |
| Price per sq ft | $499 | $503 |
| Built year | 1945 | 1943 |
| HOA | $0 | $125 |
| Days on market | 3 | 40 |
Jul 20, 2026
$599,000
Initial Listing
Jan 4, 2019
$403,000
Public Record
Dec 5, 2016
$275,000
Public Record
Jan 29, 2010
$105,000
Public Record