
Richmond, California 94801
This Multigenerational Residential Asset is a High-Potential Investment Opportunity, listed at $615,000—positioned well below the $639,641 Fair Market Value by 3%. This valuation gap offers $24,641 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home includes a flexible dual-kitchen layout and a private side courtyard. While the property requires modernization, its 2,142 sqft footprint provides significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1419 Esmond Ave Subject | $615,000* List Price | 4 | 3 | 2,142 | $299 | - |
A 653 20th Sold | $775,000 | 5 | 2 | 2,217 | $350 | 0.4 mi |
B 640 11th St Sold | $605,000 | 5 | 2 | 2,241 | $270 | 0.4 mi |
C 1536 Garvin Ave Pending | $799,000 List Price | 6 | 4 | 2,290 | $349 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, the property is well-maintained but features kitchens and bathrooms that are significantly dated (exceeding 20 years) and require modernization. While recent cosmetic updates such as refinished hardwood floors, fresh interior paint, and a new vanity improve the immediate appeal, the primary functional areas and older systems place it firmly in the fair category.
The home features two kitchens and multiple living areas, providing exceptional flexibility for extended families, guests, or potential rental income opportunities.
Newly refinished hardwood floors, fresh interior paint, and updated lighting offer a clean, move-in-ready foundation for buyers while they plan future upgrades.
With 2,142 square feet of living space, this property offers a generous footprint and a competitive price-per-square-foot for the Richmond market.
The property requires modernization in the kitchens and bathrooms, which will necessitate additional capital investment to meet contemporary standards.
Given the 1942 construction date, the home may require ongoing maintenance or upgrades to aging mechanical, electrical, or plumbing systems not addressed in recent cosmetic updates.
Welcome to this well-cared-for 4-bedroom, 3-bath home offering a flexible layout and plenty of opportunity to make it your own. Recent improvements include newly refinished hardwood floors, fresh interior paint, select newer windows, updated lighting and door hardware, a new bathroom vanity, and new carpet in the rear hallway and bedroom. The current configuration features multiple living areas and two kitchens, providing an abundance of space and flexibility for today’s lifestyle. The layout offers a variety of possibilities for multigenerational living, extended family, guests, a home office, or simply having additional space while keeping the home connected as one residence. The home has been cleaned, maintained, and thoughtfully cared for, while still offering room for a new owner to bring their own vision to the kitchen, bathrooms, and other cosmetic areas. Whether you envision a light refresh or a more comprehensive modernization, the foundation is here to create a home that reflects your style and needs. Outside, enjoy a front yard, backyard, and private side courtyard that provides additional outdoor space and an additional exterior entrance. With its generous living space, flexible floor plan, recent improvements, and room to add your own personal touch, this home offers a compelling opportunity for buyers looking for space, versatility, and future potential. Come see the possibilities for yourself!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 1.5 |
| Square foot | 2,142 | 1,209.27 |
| Lot Size | 5,000 | 5,000 |
| Price | $615.0K | $682.4K |
| Price per sq ft | $287 | $516 |
| Built year | 1942 | 1949 |
| HOA | $0 | $144 |
| Days on market | 21 | 38 |
Aug 19, 2026
$615,000
Initial Listing