
Richmond, California 94801
This 2026 New Construction Single-Family Residence is a High-Potential Investment Opportunity, listed at $780,000—positioned well above the $692,825 Fair Market Value by -12%. Featuring a Detached ADU and a Mint Condition Rating, this property offers immediate rental income potential to offset mortgage costs. While the lot density is high, the modern energy efficiency and turnkey infrastructure provide a low-maintenance lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, income-generating asset in a revitalizing Richmond neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 York St Subject 3 bd · 3 ba · 1,400 sqft · $493 | $780,000* List Price | 3 | 3 | 1,400 | $493 | - |
A 128 Malcolm Dr Sold 4 bd · 3 ba · 1,537 sqft · $433 · 0.3 mi | $665,000 | 4 | 3 | 1,537 | $433 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. It features a modern kitchen with new stainless steel appliances, updated flooring, and brand-new systems (HVAC/Electric). As a new build with a detached ADU, it requires zero maintenance and meets all criteria for the highest rating.
The inclusion of a detached 500 sqft ADU provides a turnkey opportunity for passive rental income or multi-generational living, significantly offsetting mortgage costs.
As a 2026 build, the property offers modern energy efficiency, contemporary design, and the low-maintenance lifestyle associated with brand-new infrastructure.
The recent price reduction to $780,000 for two separate dwellings represents a strong value proposition for new construction within a 30-minute commute of San Francisco.
With two separate residential units situated on a 3,750 sqft lot, private outdoor space and yard area are notably limited for the occupants.
The property has remained active for 34 days and already required a price adjustment, suggesting initial resistance to the location or original valuation.
Welcome to 1232 York St | Modern Living Meets Smart Investment Discover the modern blueprint for Richmond living. This brand-new construction single-family home paired with a private Accessory Dwelling Unit (ADU) delivers style, comfort, and passive income potential—all in one smart package. Reverse commute to the City. 30 minute drive. This home qualifies for Community Lending Program. The Main Residence Layout: 2-Story | 3 Bedrooms | 2.5 Bathrooms | 1,400 Sq. Ft. Main Level: Designed for seamless living and entertaining, featuring a light-filled living room, dedicated dining space, modern kitchen, and a convenient half bath. Upper Level: A thoughtful retreat featuring a primary suite with its own private ensuite bathroom, plus two additional bedrooms sharing a stylish full bath. The Detached ADU | 500 Sq.ft Layout: 1 Bedroom | 1 Bathroom Features: Fully equipped with its own kitchen and open living space—ideal for rental income, multi-generational living, or a private home office. Why 1232 York St? Set the Trend. Secure Your Future. Be part of North Richmond's exciting revitalization. Properties like this offer a forward-thinking answer to California’s housing demand—combining sustainable, inclusive community growth with immediate financial opportunity for you. Whether you're looking to offset your mortgage with passive rental income or need flexible space for extended family, this property is built for your future. Come tour the vision for new construction in Richmond today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,400 | 1,182.264 |
| Lot Size | 3,750 | 5,000 |
| Price | $780.0K | $667.7K |
| Price per sq ft | $557 | $537 |
| Built year | 2026 | 1947 |
| HOA | $0 | $152 |
| Days on market | 101 | 39 |
Aug 18, 2026
$780,000
$825,000
-5% Price Drop
Initial Listing
Jul 15, 2026
$825,000
Initial Listing