1516 1516 Oscar St, Richmond, California 94804, Richmond, 94804 - 3 bed, 2 bath
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Richmond, California 94804
This Fully Remodeled Turnkey Residence is a Prime Investment Opportunity listed at $729,000—positioned well below the $761,710 Fair Market Value by 4%. This valuation gap provides $32,710 in Instant Equity. Boasting a Condition Rating of 2, the home features a Gourmet Kitchen with Quartz Counters, a Master Suite with Fireplace, and an Oversized 5,000 sqft Lot with ADU Potential and a Covered Patio. Located near El Cerrito High, this sanctuary offers modern luxury and future expansion. It is the perfect fit for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1516 1516 Oscar St Subject | $729,000* List Price | 3 | 2 | 1,936 | $401 | - |
A 5355 Bayview Ave Sold | $800,000 | 3 | 2 | 1,848 | $433 | 0.4 mi |
B 1551 Merced St Sold | $861,000 | 3 | 2 | 1,914 | $450 | 0.2 mi |
C 5429 Van Fleet Sold | $720,000 | 3 | 2 | 1,543 | $467 | 0.7 mi |
D 5212 Creely Ave Pending | $719,000 List Price | 3 | 3 | 1,659 | $433 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation within the last year, making it effectively new. It features a modern open-concept layout, a gourmet kitchen with quartz countertops and new stainless steel appliances, fully updated bathrooms with contemporary tiling and fixtures, new flooring, and LED recessed lighting throughout. It is in turnkey condition with no deferred maintenance.
The property is fully remodeled and move-in ready, featuring a gourmet kitchen with quartz countertops, new stainless steel appliances, and updated bathrooms, eliminating the need for immediate renovation.
The oversized 5,000 sqft level lot includes a large gated backyard and covered patio, providing ample space for outdoor entertaining and the potential to add an Accessory Dwelling Unit (ADU).
The home features a brand-new master bedroom complete with a fireplace and a contemporary bathroom with a tiled walk-in shower, offering a luxury retreat rarely found in homes of this era.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-10-02. The sold price is $499,000.00. The property was recently sold within the past year on 2025-10-01. The sold price is $430,000.00.
The assigned elementary school has a rating of 2/10, which may be a concern for families with young children and could impact long-term appreciation compared to areas with higher-rated schools.
BEAUTIFULLY renovated 3-bedroom, 2-bath home in the Richmond Annex! oversized level lot, which is just what you've been looking for. Dining room opens to gourmet kitchen with quartz counters and stainless steel appliances, including a new gas stove, dishwasher, and refrigerator. The significant upgrades include new flooring, a new kitchen with a quartz countertop, new bathrooms, and LED recessed lights throughout the house. Brand new master bedroom with fireplace, a bathroom with tiled walk-in shower, a newly remodeled large hall bathroom with a new vanity, and an enclosed shower/tub. This home offers convenience and outdoor enjoyment. The extra-large gated backyard with covered patio has lots of room, not only providing outdoor space for entertaining or gardening or simply relaxing outdoors.Proximity to parks, freeways, and El Cerrito Schools. Dreaming of an ADU? This gem is truly a MUST-SEE and will go fast!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,936 | 1,235 | 91% |
| Lot Size | 5,000 | 4,500 | 57% |
| Price | $729.0K | $627.2K | 71% |
| Price per sq ft | $377 | $492 | 6% |
| Built year | 1943 | 1947 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 148 | 10% |
Mar 4, 2026
$729,000
Initial Listing
Oct 2, 2025
$499,000
Public Record
Oct 1, 2025
$430,000
Public Record