1536 Garvin Ave, Richmond, California 94801, Richmond, 94801 - 6 bed, 4 bath
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Richmond, California 94801
This Modern Multi-Unit Residential Asset is listed at $849,000, representing a strategic premium for its triple-unit configuration over the $785,912 Fair Market Value. Built in 2004, the property holds a Well-Maintained Condition Rating and features a vacant 4-bedroom main house alongside two occupied, income-generating units (ADU and JDU). This rare setup provides substantial rental offsets, offering a modern alternative to older Richmond stock with lower projected maintenance costs. This property is a strategic fit for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking diversified cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1536 Garvin Ave Subject | $849,000* List Price | 6 | 4 | 2,290 | $343 | - |
A 640 11th St Sold | $605,000 | 5 | 2 | 2,241 | $270 | 0.3 mi |
B 532 5th St Sold | $699,000 | 5 | 4 | 2,000 | $350 | 0.6 mi |
C 505 Nevin Ave Sold | $680,000 | 4 | 3 | 2,202 | $309 | 0.7 mi |
D 653 20th Pending | $775,000 List Price | 5 | 2 | 2,217 | $350 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this property is well-maintained and move-in ready. The interior features recent cosmetic updates including fresh paint and new laminate flooring in the bedrooms. While the kitchen cabinetry and mosaic backsplash are somewhat dated in style, the appliances are modern stainless steel and the home shows minimal wear and tear, meeting the criteria for a well-maintained property within the 10-20 year age range.
The property features two separate income-generating units (an ADU and a JDU), providing a rare opportunity for house-hacking or high-yield investment returns.
Built in 2004, this home is considerably newer than the average housing stock in Richmond, offering more modern building standards and potentially lower maintenance costs.
The main 4-bedroom house is delivered vacant, allowing for immediate owner-occupancy while the secondary units provide steady cash flow from existing tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The conversion of the garage and formal living/family rooms into living units has eliminated traditional storage, parking, and common area space for the main residence.
With two units currently occupied, the buyer will inherit existing tenants and immediate property management duties, which may require navigating local rent regulations.
Newer Home 2004 Built - Live in 4 Bed 2 Bath Vacant Main House and Income Generating from two another separate ADU Units. Main house has a living/dining room combo, kitchen, 4 bedrooms with a sizeable master bedroom with attached bathroom. Formal Living room and family room have been converted into an ADU with kitchen, full bathroom and possibly 2 bedrooms and living room area (its occupied). Garage has been legally converted into an office space with full bathroom now using as JDU and occupied. Property has been well maintained. Interesting - Enjoy the beautiful Home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 88% |
| Square foot | 2,290 | 1,342.5 | 88% |
| Lot Size | 4,095 | 3,571 | 65% |
| Price | $849.0K | $555.0K | 82% |
| Price per sq ft | $371 | $416 | 41% |
| Built year | 2004 | 1954 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 168 | 3% |
Apr 15, 2026
$849,000
Initial Listing
May 7, 2024
$790,000
Public Record