1532 Mariposa St, Richmond, California 94804, Richmond, 94804 - 0 bed, 0 bath
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Richmond, California 94804
This Classic Spanish Style Duplex is a Strong Value Opportunity, listed at $659,000—positioned well below the $700,228 Fair Market Value by 5%. This valuation gap offers $41,228 in Instant Equity. Delivered vacant in Good Condition, the property features updated kitchens with stainless appliances, dual-pane windows, and a private concrete patio. Its unique end-to-end layout with separate garages ensures maximum privacy near the El Cerrito border. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Property is move-in ready.
The property is in move-in ready condition with several significant updates including fresh interior and exterior paint, dual-pane windows, and recessed lighting. The kitchens feature stainless steel appliances and updated flooring, while the living areas retain well-maintained original hardwood floors. Although the structure was built in 1925, the recent refreshments and functional systems align with the 'good' criteria for a well-maintained, updated vintage home.
Delivered completely vacant, this duplex offers an exceptional opportunity for 'house hacking' where an owner can occupy one unit while renting the other, or for an investor to immediately secure market-rate tenants.
The unique end-to-end configuration with separate entries and individual garages on opposite sides of the property provides a level of privacy and autonomy similar to two detached single-family homes.
The property is move-in ready with fresh interior and exterior paint, updated dual-pane windows, stainless steel appliances, and modern kitchen upgrades, minimizing immediate post-purchase capital expenditures.
As a 1925 structure, the property may require specialized maintenance or future upgrades to century-old systems such as plumbing and electrical that are common in homes of this era.
The assigned public schools have ratings ranging from 4 to 5, which may be a consideration for families prioritizing high-performing educational districts.
A Rare 1920s Classic Spanish Style Duplex in desirable Richmond Annex near the El Cerrito Border. Welcome to 1532 and 1534 Mariposa St, in the heart of Richmond Annex. Old world quality construction and very well maintained for decades by same owners. Freshly painted inside and out, move-in ready, delivered vacant! The end-to-end units have their own entries and garages, on opposite sides of the property. 1532 facing north, 1534 facing south, with huge concrete patio, and private fenced backyard. Tons of natural light. Unit 1534 is a larger 2 bedroom with huge living room w/ gas fireplace, bonus room with full size laundry, kitchen with stainless appliances, hardwood floors, updated dual-pane windows, and recessed lighting. 1532 is a 1 bedroom 1 bath, very private with entry well off the street, huge private garage with full size washer and dryer, modern barn doors, large updated eat in kitchen, cozy bedroom with classic original built-ins and walk-in closet, spacious living room, and with its own side yard. Great neighborhood. Close to Hwy 80 and 580 for easy commute. Incredible investment opportunity. First time on the market in decades! Rent both; or, live in one and rent the other.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,630 | 1,630 | 50% |
| Lot Size | 4,802 | 5,250 | 43% |
| Price | $695.0K | $770.0K | 14% |
| Price per sq ft | $426 | $426 | 50% |
| Built year | 1925 | 1949 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 94 | 29% |
Jun 7, 2026
$695,000
$779,000
-11% Price Drop
Initial Listing
May 2, 2026
$779,000
$659,000
+18% Price Increase
Initial Listing
Mar 26, 2026
$659,000
Initial Listing