155 4th St, Richmond, California 94801, Richmond, 94801 - 3 bed, 1 bath
ACTIVE$349,000
155 4th St, Richmond, California 94801
3Beds
1Bath
954Sqft
3,000Lot
Price Vs. Estimate
The estimated value ($343,562.435) is $5,437.565 (1%) lower than the list price ($349,000). This property may be overpriced.
Key pros and cons
Top Pros:
Attractive Price Point: The current list price of $349,000, following a significant reduction from $385,000, positions this property as an accessible entry-level option in the Richmond market.
Top Cons:
Extensive Renovation Required: Built in 1913 and described as a 'fix and flip' opportunity, the property likely requires substantial investment in updates to major systems (plumbing, electrical, HVAC) and general modernization.
Compared to the nearby listings
Price:$349.0K vs avg $530.0K ($-181,000)10%
Size:954 sqft vs avg 1,148 sqft24%
Price/sqft:$366 vs avg $42427%
More Insights
Built in 1913 (112 years old).
Condition: Built in 1913, this property is over 100 years old. The exterior image clearly shows boarded-up windows, an overgrown yard, and a 'NO TRESPASSING' sign, indicating the property is currently uninhabitable and likely unsafe. The listing description targeting 'fix and flip investor' further confirms the need for substantial repairs and rehabilitation. Without interior photos, it's impossible to assess the kitchen and bathroom directly, but given the exterior condition and age, they are undoubtedly in very poor, outdated condition requiring complete renovation. Major systems are also highly likely to be non-functional or beyond their useful life.
Year Built
1913
Close
-
List price
$349K
Original List price
$385K
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
41106505
Home ConditionPoor
Features
View-
About this home
3 bedroom home for your first time buyer or fix and flip investor
Nearby schools
3/10
Lincoln Elementary School
Public,•K-6•0.2mi
3/10
Peres Elementary School
Public,•K-6•0.7mi
3/10
Washington Elementary School
Public,•K-6•1.0mi
1/10
Lovonya Dejean Middle School
Public,•7-8•1.6mi
1/10
Helms Middle School
Public,•7-8•2.4mi
4/10
Fred T. Korematsu Middle School
Public,•7-8•3.8mi
3/10
Richmond High School
Public,•9-12•1.6mi
2/10
Kennedy High School
Public,•9-12•2.1mi
Condition Rating
Poor
Built in 1913, this property is over 100 years old. The exterior image clearly shows boarded-up windows, an overgrown yard, and a 'NO TRESPASSING' sign, indicating the property is currently uninhabitable and likely unsafe. The listing description targeting 'fix and flip investor' further confirms the need for substantial repairs and rehabilitation. Without interior photos, it's impossible to assess the kitchen and bathroom directly, but given the exterior condition and age, they are undoubtedly in very poor, outdated condition requiring complete renovation. Major systems are also highly likely to be non-functional or beyond their useful life.
Pros & Cons
Pros
Attractive Price Point: The current list price of $349,000, following a significant reduction from $385,000, positions this property as an accessible entry-level option in the Richmond market.
Investment Potential: Explicitly marketed for 'fix and flip investor,' the property offers clear potential for value appreciation through strategic renovation and modernization.
Proximity to Elementary School: Located just 0.16 miles from Lincoln Elementary School (rated 3), making it highly convenient for families with young children.
Manageable Property Size: The 954 sqft home on a 3000 sqft lot offers a compact footprint, potentially appealing to buyers seeking lower maintenance and operating costs.
Motivated Seller: The recent price drop from $385,000 to $349,000 indicates a motivated seller, potentially creating an opportunity for a favorable negotiation.
Cons
Extensive Renovation Required: Built in 1913 and described as a 'fix and flip' opportunity, the property likely requires substantial investment in updates to major systems (plumbing, electrical, HVAC) and general modernization.
Limited Living Space & Lot Size: The 954 sqft interior and 3000 sqft lot may be restrictive for larger households or those desiring more expansive living and outdoor areas.
Single Bathroom: A sole bathroom for a three-bedroom home can present functional challenges and inconvenience for multiple residents or a growing family.