154 West Chanslor Ave, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath
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154 West Chanslor Ave
Richmond, California 94801
ACTIVE
CONDITION: GOOD
2Beds
1Baths
787Sq Ft
787Lot Size
Property Price
LIST PRICE$199,000
EST. MARKET VALUE
$186,480
6% AboveMARKET VALUE
SUMMARY
This 2-bedroom, 1-bathroom condominium is a High-Potential Investment Opportunity, listed at $249,000—positioned well below the $203,931 Fair Market Value by -22%. While the property features a Condition Rating of 3 with modern updates like dark wood flooring and subway-tiled baths, the extended market time suggests a strategic negotiation window. Located near the Richmond Greenway, this unit offers a functional, move-in-ready layout. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the East Bay market.
Estimated Market Value
$186,480
Based on Realkey algorithm analyzing recent comparable sales in Richmond.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 154 West Chanslor Ave Subject 2 bd · 1 ba · 787 sqft · $237 | $199,000* List Price | 2 | 1 | 787 | $237 | - |
A 363 W Bissell Ave Sold 2 bd · 1 ba · 781 sqft · $237 | $185,000 | 2 | 1 | 781 | $237 | - |
B 18 W Chanslor Ct Active 2 bd · 1 ba · 781 sqft · $307 | $240,000 List Price | 2 | 1 | 781 | $307 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite the 1942 build date, the property features recent interior updates including modern dark wood-finish flooring and a clean, renovated subway-tiled bathroom. The unit appears well-maintained, functional, and move-in ready, fitting the criteria for a 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $249,000, this property represents a rare entry-level opportunity for homeownership in the East Bay market, ideal for first-time buyers or investors.
- Modern Interior Updates
The home features contemporary dark wood-finish flooring and a clean subway-tiled bathroom, offering a move-in-ready aesthetic that maximizes its efficient footprint.
- Strategic Commuter Location
Situated with immediate access to the Richmond Greenway and major freeway connections, the property provides excellent transit convenience for daily commuters.
CONSRISKS & DEFICIENCIES
- High Association Fees
The $650 monthly association fee is substantial relative to the listing price, which may impact the debt-to-income ratio for budget-conscious buyers.
- Extended Market Time
With 140 days on the market and a recent price reduction, the property may face challenges regarding buyer perception and perceived market value.
About 154 West Chanslor Ave
Welcome to affordable East Bay living in this charming 2-bedroom, 1-bathroom condominium. Featuring modern dark wood-finish flooring, a clean subway-tiled bathroom, and an open-concept layout, this cozy home maximizes its efficient 787-square-foot footprint with abundance of natural light. Nestled right next to the historic Atchison Village district, you will enjoy quick access to the scenic Richmond Greenway and seamless freeway connections for an effortless daily commute.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1942
- Lot Size
- 787 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $650.0 / Month
Neighborhood Insights
Richmond Unified Schools
Washington Elementary School
Grades K-6 • 0.8 mi
3/10
Fred T. Korematsu Middle School
Grades 7-8 • 4.1 mi
4/10
Kennedy High School
Grades 9-12 • 2.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 1.0 | 3.2 |
| Square foot | 787 | 1,474.727 |
| Lot Size | 787 | 1,359.727 |
| Price | $199.0K | $563.7K |
| Price per sq ft | $253 | $376 |
| Built year | 1942 | 1987 |
| HOA | $650.0 | $413 |
| Days on market | 145 | 66 |
Pricing History
Listed for Sale
Oct 23, 2026
$199,000
$249,000
-20% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$249,000
$259,000
-4% Price Drop
Initial Listing
Price Change
Jun 1, 2026
$259,000
Initial Listing