
Richmond, California 94801
This Duplex Investment is a Strong Value Opportunity, listed at $1,200,000—positioned slightly above the $1,194,396 Fair Market Value. While the price reflects current market stability, the property’s Good Condition Rating and recent upgrades, including fresh paint and new flooring, ensure immediate rental readiness. With two spacious 4-bedroom units, this asset offers significant appeal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack near BART and Marina Bay. Its modern 2007 construction provides a distinct advantage over older local inventory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1317 Garvin Ave Subject | $1,200,000* List Price | 0 | 0 | 3,594 | $332 | - |
A 219 Barrett Avenue Active | $899,900 List Price | 0 | 0 | 3,288 | $274 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), this duplex falls within the 10-20 year age bracket for a Good rating. The property is well-maintained and move-in ready, featuring recent upgrades including fresh interior and exterior paint, new flooring throughout, and a newly installed shower in one unit.
Built in 2007, this duplex is significantly newer than much of the local housing stock and features two large 4-bedroom units, offering rare scale and modern building standards for an income property.
Unit 1315 has been recently enhanced with fresh interior and exterior paint, new upgraded flooring, and a new shower installation, allowing for immediate occupancy or premium rental rates.
The property is conveniently located near BART, major freeway access, and Marina Bay, making it highly desirable for tenants or owners commuting to San Francisco or Oakland.
Each 4-bedroom unit is served by only a single-car garage, which may be inadequate for large households with multiple vehicles, potentially leading to street parking challenges.
At a $1.2 million valuation, the property is positioned at the higher end of the Richmond duplex market, which may require a larger down payment and impact the initial capitalization rate for investors.
Great Duplex Investment! Occupy one unit and rent out the other unit. The first unit (1315) is 4 bedroom/3 bathroom. The second unit (1317) is 4 bedrooms & 2.5 bathrooms. Unit (1315) was freshly painted interior/exterior, in the lower-level bathroom a new shower was installed and new upgraded flooring throughout. Duplex built 2007 and each unit is 1,797 sq ft +/- with a single car garage. Property located driving distance to Bart station, freeway, and Marina Bay.
No exterior & parking available.
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 | 3,594 | - | 86% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $1.20M | $690.0K | 71% |
| Price per sq ft | $334 | $0 | 57% |
| Built year | 2007 | 1939 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 229 | 14% |
May 15, 2026
$1,200,000
Initial Listing
Feb 13, 2015
$550,000
Public Record
Nov 27, 2013
$405,000
Public Record
Oct 11, 2000
$57,000
Public Record