
Richmond, California 94806
This Prime Investment Opportunity is a Turnkey Bungalow listed at $498,800, positioned well below the $514,834 Fair Market Value by 3%. This valuation gap provides $16,034 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent modern updates, the property offers immediate occupancy. While the local school district ratings are low, the home’s proximity to BART and major commuter routes ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the Bay Area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1402 25th St Subject | $478,888* List Price | 2 | 1 | 713 | $699 | - |
A 1706 14th St Sold | $500,000 | 3 | 1 | 732 | $683 | 0.7 mi |
B 2370 Pine Ave Active | $479,000 List Price | 2 | 1 | 713 | $672 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1943, the property is described as 'beautifully updated' with 'recent improvements' that provide modern comfort. The exterior shows new vinyl windows, fresh paint, and updated landscaping. As a move-in ready, fully renovated bungalow, it meets the criteria for a recent renovation (<5 years) in mint condition.
Listed under $500,000, this property represents a rare entry-level opportunity for first-time buyers or investors to enter the Bay Area market at an accessible price.
The home is strategically located near BART and major commuter arteries including I-80 and I-580, offering excellent connectivity for regional professionals.
Described as move-in ready with recent updates and modern improvements, the property allows for immediate occupancy without the need for significant initial capital expenditure.
The property was recently sold within the past year on 2025-09-15. The sold price is $480,000.00.
At just 713 square feet, the living space is quite compact for a two-bedroom residence, which may limit its appeal to larger households or those requiring a home office.
The assigned public schools carry low ratings (ranging from 1 to 3), which can be a significant drawback for families with children and may impact long-term appreciation.
Welcome home to this charming and move-in ready bungalow! This beautifully updated 2-bedroom, 1-bath home offers an open and inviting layout filled with natural light. Recent improvements provide modern comfort while maintaining the home's classic character. Enjoy a spacious backyard with endless possibilities for entertaining and gardening. Conveniently located near shopping, schools, parks, public transportation, BART, and major commuter routes including I-80 and I-580. An excellent opportunity for first-time buyers, downsizers, or investors! Open House 7/19 1pm -3pm.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 713 | 1,157 |
| Lot Size | 3,920 | 5,000 |
| Price | $478.9K | $681.0K |
| Price per sq ft | $672 | $503 |
| Built year | 1943 | 1943 |
| HOA | $0 | $125 |
| Days on market | 33 | 40 |
Jul 21, 2026
$478,888
$498,800
-4% Price Drop
Initial Listing
Jun 19, 2026
$498,800
Initial Listing
Sep 15, 2025
$480,000
Public Record
Apr 1, 2009
$85,000
Public Record