1205 Melville Sq 304, Richmond, California 94804, Richmond, 94804 - 1 bed, 1 bath
1205 Melville Sq 304
Richmond, California 94804
Property Price
SUMMARY
Analysis of 1205 Melville Sq 304, Richmond, California 94804 is currently available with a list price of $320,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1983, this condo is well-maintained and move-in ready but remains largely in its original or older updated state. The kitchen features dated white appliances and cabinetry, and the overall aesthetic reflects a property that has been cared for through regular upkeep rather than a recent comprehensive renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Bay Views
The property features stunning, unobstructed views of Marina Bay, providing a serene and high-value aesthetic that is a rare find at this price point.
- Prime Commuter Location
Excellent transit connectivity with easy access to major highways 580/80, BART, and the San Francisco ferry, making it an ideal hub for Bay Area professionals.
- Vibrant Lifestyle Amenities
Situated in the desirable Northshore Bayfront Community, residents enjoy immediate access to waterfront trails and a weekly farmers market located directly across the street.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $767 per month, the association fees are relatively high for a one-bedroom unit, which significantly impacts the overall monthly carrying costs and buyer affordability.
- Low School Ratings
The property is served by local schools with lower performance ratings (ranging from 2 to 4), which may deter families and potentially impact long-term resale value.
About 1205 Melville Sq 304
Splendid Bay View! This cozy 1-bedroom, 1-bathroom condo is located in the desirable Northshore Bayfront Community in Richmond Marina Bay. Featuring an open floor plan and stunning views of Marina Bay, this home offers a bright and inviting living space. The spacious primary suite includes a private bathroom for your comfort. The weekly farmers market is just across the street, offering fresh local produce and community charm. An excellent location for commuters with easy access to highways 580/80, BART stations, and the ferry to San Francisco—conveniently connecting you to San Francisco, Oakland, Berkeley, and Marin.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $767.0 / Month
Neighborhood Insights
Richmond Unified Schools
Washington Elementary School
Grades K-6 • 1.8 mi
Fred T. Korematsu Middle School
Grades 7-8 • 2.7 mi
Kennedy High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 734 | 915 | 10% |
| Lot Size | - | 2,124 | 23% |
| Price | $320.0K | $430.0K | 10% |
| Price per sq ft | $436 | $482 | 17% |
| Built year | 1983 | 1992 | 7% |
| HOA | $767.0 | $621 | 93% |
| Days on market | 241 | 165 | 80% |
Pricing History
Listed for Sale
Dec 16, 2025
$320,000
$340,000
-6% Price Drop
Initial Listing
Price Change
Oct 7, 2025
$340,000
$375,000
-9% Price Drop
Initial Listing
Price Change
Jul 9, 2025
$375,000
Initial Listing