144 S 5th St, Richmond, California 94804, Richmond, 94804 - 2 bed, 2 bath
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Richmond, California 94804
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $411,715 Fair Market Value by 2%. This valuation gap offers $11,715 in Instant Equity for buyers. Featuring a Granite Kitchen and a Condition Rating of 4, the home offers immediate utility with room for cosmetic upgrades. Its strategic location near BART and the Richmond Ferry provides strong rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 144 S 5th St Subject | $400,000* List Price | 2 | 2 | 980 | $420 | - |
A 812 812 Maine Ave Sold | $430,000 | 2 | 1 | 1,120 | $384 | 0.2 mi |
B 249 S 13th St Sold | $416,000 | 2 | 1 | 811 | $513 | 0.4 mi |
C 247 S 5th St Active | $430,000 List Price | 3 | 2 | 1,340 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1916, the property features a kitchen renovation with granite countertops and oak cabinetry that appears to be 15-20 years old. While the listing notes a newer roof and dual-pane windows, the interior finishes are dated and the 'as-is' condition suggests a need for minor repairs and cosmetic updates.
Despite the 980 sqft footprint, the inclusion of three dens and a Florida room provides exceptional flexibility for home offices, storage, or guest accommodations.
The home boasts significant upgrades including an updated eat-in kitchen with granite countertops, dual-pane windows, and a newer roof, reducing immediate capital expenditure.
Situated with convenient access to BART, the Richmond Ferry, and major freeways, this property is ideally positioned for Bay Area professionals seeking an easy commute.
The property is sold as-is and is currently occupied, which limits showing availability to qualified buyers and suggests potential for deferred maintenance.
The assigned public schools have very low ratings (ranging from 1 to 3), which may deter families and impact long-term appreciation potential.
Investor and first-time home buyer opportunity. This home features 2 bedrooms, 3 dens, 1.5 bathrooms, a laundry room, and a Florida room. The updated eat-in kitchen includes granite countertops, a gas stove, exhaust fan, and ample cabinet space. Hardwood floors, dual-pane windows, a newer roof, and abundant storage space throughout the home. Extended off-street driveway for parking. Property is being sold in its present AS-IS condition. Convenient location near shopping, schools, BART, freeways, and the Richmond Ferry. Occupied property. Do not disturb occupants. Showings by appointment only for qualified buyers.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 980 | 1,157 |
| Lot Size | 4,294 | 5,000 |
| Price | $400.0K | $681.0K |
| Price per sq ft | $408 | $503 |
| Built year | 1916 | 1943 |
| HOA | $0 | $125 |
| Days on market | 7 | 40 |
Jul 16, 2026
$400,000
Initial Listing
Apr 22, 2014
$132,000
Public Record
Nov 3, 2008
$69,000
Public Record
Nov 1, 2006
$400,000
Public Record
Jun 9, 2005
$262,000
Public Record