
Richmond, California 94804
This Strong Value Opportunity is listed at $599,000—positioned well below the $626,599 Fair Market Value by 4%. This valuation gap offers $27,599 in Instant Equity. Featuring an updated kitchen and a Condition Rating of 3, the home provides a functional, move-in ready space. The expansive 5,000 sq ft lot with a multipurpose sunroom offers significant expansion potential. Ideally located for commuters near I-80 and BART, this property is a balanced choice for Owner-Occupants or first-time buyers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1318 Mariposa St Subject 2 bd · 1 ba · 852 sqft · $735 | $599,000* List Price | 2 | 1 | 852 | $735 | - |
A 1331 Carlson Blvd Sold 2 bd · 1 ba · 998 sqft · $561 · 0.1 mi | $560,000 | 2 | 1 | 998 | $561 | 0.1 mi |
B 1427 Mariposa St Sold 3 bd · 1 ba · 1,010 sqft · $644 · 0.2 mi | $650,000 | 3 | 1 | 1,010 | $644 | 0.2 mi |
C 5437 Colusa Ave Sold 2 bd · 1 ba · 809 sqft · $785 · 0.5 mi | $635,000 | 2 | 1 | 809 | $785 | 0.5 mi |
D 5101 Tehama Ave Sold 3 bd · 1 ba · 1,050 sqft · $595 · 0.4 mi | $625,000 | 3 | 1 | 1,050 | $595 | 0.4 mi |
E 1934 Santa Clara St Sold 2 bd · 1 ba · 1,032 sqft · $712 · 0.7 mi | $735,000 | 2 | 1 | 1,032 | $712 | 0.7 mi |
F 5716 Fresno Ave Sold 2 bd · 1 ba · 841 sqft · $862 · 0.9 mi | $725,000 | 2 | 1 | 841 | $862 | 0.9 mi |
G 6124 Santa Cruz Ave Sold 2 bd · 1 ba · 868 sqft · $864 · 0.8 mi | $750,000 | 2 | 1 | 868 | $864 | 0.8 mi |
H 1333 Mariposa St Active 2 bd · 1 ba · 857 sqft · $676 · 0.0 mi | $579,000 List Price | 2 | 1 | 857 | $676 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1940, the home has been well-maintained and features a functional, updated kitchen with stone countertops and stainless steel appliances. The interior shows modern flooring and clean finishes, making it move-in ready and consistent with a 5-15 year old renovation profile.
The 5,000 sq ft lot features a unique multipurpose sunroom with vaulted ceilings and a terraced yard with fruit trees, offering significant potential for gardening, expansion, or an ADU.
The kitchen has been modernized with stone countertops and stainless steel appliances, providing a contemporary and functional space that complements the home's 1940s bungalow charm.
Centrally located in the Panhandle Annex, the property provides quick access to I-80, I-580, and BART, making it a highly convenient spot for Bay Area professionals.
At just 852 square feet, the living space is relatively compact, which may limit appeal for buyers seeking larger rooms or additional bathrooms.
The assigned elementary school, Stege Elementary, currently holds a low rating of 2, which may impact long-term resale value or deter families focused on public school performance.
Built in 1940, this sweet 2-bedroom, 1-bath bungalow is located in Richmond's Panhandle Annex. The home features an open living room/dining room combination with a small nook that could be used as an office/study area, reading corner, etc. The kitchen has been updated with stone countertops and stainless steel appliances and opens to the laundry room with a door to the backyard. Two light-filled bedrooms and a full bath round out the living space. The home offers 852 sq ft* on a 5,000 sq ft lot*, so there is plenty of space to create your dream garden, to expand, or to build.** The focal point of the terraced backyard is a beautiful, multipurpose sunroom with a vaulted ceiling and tall, sliding French doors. Multiple mature fruit trees grace the front and backyard, which also boast a wheeled storage shed and a fun, rustic outdoor bathtub! Centrally located just minutes from I-80, I-580, BART, and bus lines! *Per public record. **Buyer to verify.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 852 | 1,182.264 |
| Lot Size | 5,000 | 5,000 |
| Price | $599.0K | $667.7K |
| Price per sq ft | $703 | $537 |
| Built year | 1940 | 1947 |
| HOA | $0 | $152 |
| Days on market | 10 | 39 |
Oct 14, 2026
$599,000
Initial Listing
Apr 4, 2019
$560,000
Public Record