1207 Melville Sq 314b, Richmond, California 94804, Richmond, 94804 - 1 bed, 1 bath
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Richmond, California 94804
This Modern Waterfront Condominium is a Prime Investment Opportunity, listed at $349,000—positioned well below the $356,776 Fair Market Value by 2%. This valuation gap offers $7,776 in Instant Equity for incoming owners. Boasting a Condition Rating of 3, the residence features a renovated Art-Deco bathroom, new stainless appliances, and a rare dedicated EV charger. Despite the higher association fees, the proximity to the Richmond Ferry and Bay Trail ensures strong lifestyle appeal. This is an ideal match for first-time buyers or commuters seeking a turnkey coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 Melville Sq 314b Subject | $339,000* List Price | 1 | 1 | 734 | $472 | - |
A 113 Schooner Court Sold | $350,000 | 1 | 1 | 732 | $478 | 0.1 mi |
B 1207 Melville Sq 417 Sold | $440,000 | 2 | 2 | 1,022 | $431 | 0.0 mi |
C 71 Lakeshore Ct Sold | $420,000 | 2 | 1 | 869 | $483 | 0.5 mi |
D 20 Marina Lakes Dr Sold | $419,000 | 2 | 1 | 847 | $495 | 0.4 mi |
E 59 Marina Lakes Dr Sold | $410,000 | 2 | 1 | 847 | $484 | 0.5 mi |
F 93 Bayside Ct Sold | $410,000 | 1 | 1 | 771 | $532 | 0.6 mi |
G 1203 1203 Melville Sq 216 Active | $329,000 List Price | 1 | 1 | 734 | $448 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983, this unit is well-maintained and move-in ready. It features a recently renovated bathroom with modern vanity and Art-Deco tiling, new stainless steel kitchen appliances, and updated laundry units. While the kitchen cabinetry and countertops appear original and dated, the overall condition is functional with high-value additions like a dedicated EV charger.
Situated in the desirable Marina Bay community, this property offers exceptional lifestyle appeal with close proximity to the Richmond Ferry, waterfront parks, and popular local dining options.
The unit features a refreshed interior with new stainless steel appliances and an updated bathroom, plus the rare and valuable addition of a dedicated EV charger in a gated carport.
The condo is designed to maximize sunlight, featuring large windows in the bedroom and living areas that create a bright, airy atmosphere complemented by a private balcony.
The monthly HOA fee of $767 is relatively high for a one-bedroom unit, which significantly increases the total monthly carrying cost for a buyer.
The assigned public schools have low ratings (ranging from 2 to 4), which may deter certain buyer demographics and potentially limit long-term appreciation.
New Price Improvement! Up to $3,000 towards HOA dues for Buyer! Natural light flows into this one bed, one bath condo located in gorgeous Richmond Marina Bay. Kitchen has new stainless steel stove and dishwasher, with breakfast bar. Updated bath with Art-Deco style tiles with new laminate flooring and a beautiful modern vanity with plenty of storage. Ample closet space in hallway. Large bedroom lets in sunlight with large window and looks out over picnic area below. Carport is gated, has a dedicated EV Charger, and includes additional storage cabinet. Enjoy the day while resting on the balcony or take casual strolls around the lovely Marina Bay Park just minutes away from the unit. Gorgeous picnic areas throughout the community for entertaining and relaxation. Minutes walk to Lara's Fine Dining and Anh Restaurant and Bar for eating. Weekly Farmer's Market in Marina Bay Park. Close to transportation, freeway access, and Richmond Ferry.
No exterior & parking available.
Grades K-6 • 1.8 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 48% |
| Square foot | 734 | 959 | 9% |
| Lot Size | - | 2,124 | 21% |
| Price | $339.0K | $450.0K | 9% |
| Price per sq ft | $462 | $490 | 24% |
| Built year | 1983 | 1992 | 12% |
| HOA | $767.0 | $638 | 88% |
| Days on market | 54 | 139 | 9% |
May 7, 2026
$339,000
$349,000
-3% Price Drop
Initial Listing
Apr 22, 2026
$349,000
Initial Listing
Jul 30, 2024
$330,000
Public Record
Jan 29, 2004
$241,000
Public Record
Sep 26, 1997
$3,500
Public Record