1416 1416 Mariposa St, Richmond, California 94804, Richmond, 94804 - 3 bed, 3 bath
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Richmond, California 94804
This Value-Add Residential Asset is listed at $575,000, aligned with local market demand despite the $537,013 Fair Market Value. With a Condition Rating of 4, the home features recent cosmetic updates including luxury vinyl plank flooring and kitchen improvements, though it remains a "diamond in the rough" with an unpermitted bonus room and multiple decks. Its location offers excellent commuter access to BART and proximity to Fairmont Elementary and El Cerrito High. This property is a high-potential acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build equity through finishing touches.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1416 1416 Mariposa St Subject | $575,000* List Price | 3 | 3 | 1,225 | $438 | - |
A 5121 Burlingame Ave Sold | $560,000 | 3 | 1 | 942 | $594 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property has received recent cosmetic updates including luxury vinyl plank flooring, fresh paint, and kitchen improvements, making it functional. However, it is a 1970s build described as a 'diamond in the rough' that requires additional design finishes and contains unpermitted living space, indicating it is maintained but still shows signs of age and deferred completion.
Situated in the sought-after Richmond Annex, the property offers excellent proximity to BART, major freeways, and local amenities, making it ideal for Bay Area commuters.
The home features recent kitchen updates, a fresh coat of paint, and new luxury vinyl plank flooring throughout, providing a clean, contemporary foundation for new owners.
With multiple decks and an additional bonus room, the property offers versatile indoor-outdoor living options and extra square footage beyond the standard bedroom count.
The inclusion of an unpermitted bonus room may present challenges regarding future permitting, appraisal valuations, or financing requirements for certain lenders.
Described as a 'diamond in the rough,' the property requires additional design finishes and potential repairs to reach its full market potential and aesthetic value.
Welcome to 1416 Mariposa St, a 3 bedroom 2.5 bath with unpermitted bonus room and multiple decks. With recent updating in kitchen, fresh coat of paint, and luxury vinyl plank thru out entire home, this is a perfect home for family or investor to add their design finishes to bring this diamond in the rough back to glory. Situated in a quiet neighborhood with close proximity to BART, freeways, parks, eateries this is perfect house to make a homel.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,225 | 1,235 | 49% |
| Lot Size | 3,700 | 4,452 | 35% |
| Price | $575.0K | $615.0K | 39% |
| Price per sq ft | $469 | $491 | 41% |
| Built year | 1970 | 1948 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 149 | 10% |
Mar 4, 2026
$575,000
Initial Listing