1514 Olive Avenue, Richmond, California 94805, Richmond, 94805 - 1 bed, 1 bath
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Richmond, California 94805
Analysis of 1514 Olive Avenue, Richmond, California 94805 is currently available with a list price of $649,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Richmond Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1941, the property has undergone a comprehensive recent renovation (likely within the last 5 years). The kitchen and bathroom are refreshed with modern finishes, including shaker cabinets, butcher block countertops, and updated appliances. With new flooring, recessed lighting, and major system improvements already completed, the home is in mint, move-in condition.
Nestled in the desirable Richmond Hills, the property offers immediate proximity to hiking trails, parks, and convenient freeway access, making it ideal for outdoor enthusiasts and commuters alike.
The home features a refreshed kitchen and bathroom, updated flooring, and major structural improvements, providing a move-in-ready experience with modern aesthetic appeal.
The 3,500 sqft lot and existing layout present a rare opportunity to expand the living space or add an ADU, offering substantial upside for investors and growing households.
With only 590 square feet of living space and a single bedroom, the property's small footprint may restrict its appeal to a narrower demographic of buyers.
The list price of $649,000 for a 1-bedroom home results in a high price-per-square-foot ratio that may challenge appraisal valuations and budget-conscious buyers.
Set in the beautiful Richmond Hills near hiking trails, parks, freeway access, and public transportation, this well-maintained 1BD/1BA home combines comfort, and convenience. The interior features a refreshed kitchen and bathroom, updated flooring, abundant natural light, and major improvements already completed. The lot and layout offer an excellent opportunity to expand, create additional living space, or customize to fit your vision — ideal for homeowners, investors, or anyone looking for a property with upside in a sought-after location.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-8 • 0.2 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 590 | 1,332 | 2% |
| Lot Size | 3,500 | 5,000 | 14% |
| Price | $649.0K | $800.0K | 20% |
| Price per sq ft | $1.1K | $595 | 95% |
| Built year | 1941 | 1949 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 108 | 2% |
May 20, 2026
$649,000
Initial Listing
Jun 1, 2011
$180,000
Public Record