
Richmond, California 94805
Analysis of 1003-1011 Lassen St, Richmond, California 94805 is currently available with a list price of $750,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Richmond Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While built in 1952, the property has undergone significant recent renovations (likely <5 years for the vacant unit) including luxury vinyl plank flooring, updated tile in bathrooms, and a modern kitchen with solid-surface countertops and stainless steel appliances. The inclusion of 220V outlets in the garages for EV charging suggests updated electrical capacity, and the overall condition is move-in ready and well-maintained.
The property offers an ideal 'house-hacking' or investment scenario with one unit move-in ready and updated, while the other provides immediate rental income from an existing tenant.
Features rare 220V EV charging outlets in each garage and high-quality interior finishes including luxury vinyl plank flooring and upgraded kitchens with solid-surface countertops.
Each unit functions with the autonomy of a single-family home, boasting its own private entrance, dedicated garage, laundry area, and a large private backyard.
The property is zoned for several local schools with low performance ratings (ranging from 1 to 3), which may impact long-term appreciation and appeal to families.
With a total of 1,332 square feet for two units, each 2-bedroom residence is approximately 666 square feet, which may feel restrictive for tenants or owners with more furniture.
Exceptional duplex opportunity in Richmond offering the perfect blend of investment potential, owner-occupant flexibility, and long-term value. This well-maintained property features two separate 2-bedroom, 1-bathroom units, each with its own private entrance, garage, laundry area, and spacious backyard, creating a highly desirable living arrangement for both tenants and homeowners. One unit is currently tenant-occupied, providing immediate rental income, while the vacant unit has been tastefully updated and is move-in ready. Recent improvements include luxury vinyl plank flooring throughout most of the home, tile flooring in the bathroom, and an upgraded kitchen featuring solid-surface countertops, a gas cooktop, range hood, and refrigerator. Each garage is equipped with a 220V outlet, providing added convenience for electric vehicle charging, workshop equipment, or future needs. The practical duplex layout offers excellent separation between units, enhancing privacy and tenant appeal. Large private backyards provide abundant outdoor space for entertaining, gardening, pets or recreation. Whether you're an investor seeking strong rental demand or a buyer looking to live in one unit while generating income from the other, this property offers multiple paths to ownership success. Richmond continues to attract buyers and investors seeking value, accessibility, and growth potential throughout the Bay Area. Ideally located with quick access to I-80, Richmond Parkway, BART, ferry service, shopping centers, restaurants, parks, schools, and major commuter routes, this property offers convenient access to Berkeley, Oakland, San Francisco, Marin County, and beyond. With immediate income potential, desirable unit amenities, private outdoor spaces, dedicated garages, and a flexible owner-user or investment strategy, this duplex presents a rare opportunity to acquire a versatile income-producing property in one of Richmond's increasingly sought-after residential neighborhoods.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-8 • 1.0 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,332 | 1,332 | 50% |
| Lot Size | 4,800 | 4,800 | 50% |
| Price | $750.0K | $830.0K | 33% |
| Price per sq ft | $563 | $395 | 67% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 72 | 33% |
May 29, 2026
$750,000
Initial Listing
Mar 25, 2016
$455,000
Public Record
Jun 22, 2009
$145,000
Public Record
Jan 19, 2007
$550,000
Public Record