
Richmond, California 94801
Analysis of 1319 Kelsey St, Richmond, California 94801 is currently available with a list price of $499,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
While originally built in 1916, the property has undergone a comprehensive recent renovation (appearing to be within the last 5 years). The interior features modern laminate flooring, updated dual-pane vinyl windows, fresh paint, and recessed lighting. The description confirms updated kitchens and bathrooms in both the main house and the rear cottage, and the exterior shows a modern electrical panel and well-maintained roofing, making it move-in ready with no immediate maintenance needed.
The property features two separate homes on a single lot, offering a rare opportunity for rental income or a multi-generational living arrangement in a commuter-friendly location.
The seller is offering incentives for closing costs or a mortgage rate buy-down, providing significant financial relief and improved affordability for the buyer.
The front home has been updated with a modern galley kitchen and includes the convenience of interior washer/dryer hookups, making it move-in ready.
With a reported total of only 518 square feet for two separate residences, the living spaces are exceptionally small and may feel cramped for many occupants.
The assigned public schools have very low performance ratings (ranging from 1 to 3), which may deter families and impact long-term resale value.
HUGE PRICE REDUCTION OF $36,000, TURNKEY "INCOME PRODUCING PROPERTY, 2-HOMES/1-LOT" Live in one and rent the other, or rent both and have full rental potential of $34,800+/yr. Fantastic investment opportunity. Two homes on one lot, with spacious yard. Charming front house features updated two-bedroom and one-bathroom. Galley Kitchen that opens to the dining and family room. This modest home has everything you need including inside washer/dryer hook-ups for a full-sized washer and dryer. Between the main house and the rear cottage sits a quiet courtyard separating the main home from the rental property. The rear cottage has its own entrance and also features, two-bedrooms and one-bathroom, kitchen and sitting area. In addition, behind the rear cottage is a large rear yard with artificial lawn, perfect for family gatherings. The rear cottage is currently being rented for $1,450/mo. Rental income starts immediately to supplement your mortgage payment. Close to schools & Shopping. A commuter's dream, walking distance to Shields-Reid Park. You won't want to miss this gem! Originally Listed at $535,000. Call, Sheyna Dumas at (925) 864-0167 to schedule a showing!!!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 2.0 | 3% |
| Square foot | 518 | 1,259.5 | 3% |
| Lot Size | 2,500 | 3,998 | 16% |
| Price | $499.0K | $560.0K | 34% |
| Price per sq ft | $963 | $421 | 97% |
| Built year | 1916 | 1942 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 132 | 3% |
Jun 4, 2026
$499,000
$535,000
-7% Price Drop
Initial Listing
May 9, 2026
$535,000
Initial Listing
Dec 22, 2021
$190,000
Public Record
Jan 4, 2021
$180,000
Public Record
Jun 5, 2018
$290,000
Public Record