140 W Chanslor Ave, Richmond, California 94801, Richmond, 94801 - 3 bed, 1 bath
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Richmond, California 94801
This 3-bedroom Atchison Village condominium represents a High-Potential Investment Opportunity, listed at $287,000—positioned well below the $274,838 Fair Market Value by -4%. While the property requires modernization, its Condition Rating of 4 and inclusive HOA—covering water, garbage, taxes, and insurance—provide a stable foundation for value-add projects. The rare 3-bedroom layout offers significant utility in a high-cost region. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Bay Area market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 W Chanslor Ave Subject | $287,000* List Price | 3 | 1 | 865 | $318 | - |
A 130 130 Garrard Active | $215,000 List Price | 2 | 1 | 781 | $275 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this property is well beyond the 20-year threshold for original systems. While the bathroom shows signs of a mid-range renovation (subway tile and newer vanity likely 10-15 years old), the overall structure and exterior remain dated. It appears functional and move-in ready for the price point, but requires modernization of systems and cosmetic updates to meet current market standards.
Priced under $300,000, this property offers a rare opportunity to own a home in the Bay Area at a fraction of the regional median price.
As a 3-bedroom unit in Atchison Village, this home is a rare market find, providing extra utility for families or remote work needs compared to standard smaller units.
The monthly association fee is highly inclusive, covering property taxes, insurance, water, and garbage, which simplifies budgeting and reduces out-of-pocket ownership costs.
At only 865 square feet for a three-bedroom layout, the interior proportions are quite tight, which may challenge buyers looking for spacious common areas.
The property is served by local schools with low ratings (ranging from 2 to 4), which could impact long-term appreciation and appeal to education-focused families.
Atchison village one of the remaining affordable places in bay area to live in, HOA will cover: Water, Garbage, Tax, Insurance. 3 bedroom is a rare property to come to market. It is corner house with decent size of lot. No solar .
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 4.1 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 865 | 1,330 |
| Lot Size | 54,232,200 | 1,322 |
| Price | $287.0K | $464.5K |
| Price per sq ft | $332 | $484 |
| Built year | 1942 | 1996 |
| HOA | $654.0 | $490 |
| Days on market | 79 | 67 |
Jul 16, 2026
$287,000
Initial Listing
May 5, 2026
$299,000
Initial Listing