
Richmond, California 94801
This 3-bedroom Single Family Residence is a Strong Value Opportunity, listed at $549,900—positioned well below the $582,897 Fair Market Value by 5%. This valuation gap offers $32,997 in Instant Equity. With a Condition Rating of 3, the home features recent updates like dual-pane windows and refinished cabinetry. The 5,000 sq. ft. lot provides significant ADU Potential, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a versatile, move-in ready property with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1611 Lincoln Ave Subject 3 bd · 1 ba · 1,448 sqft · $380 | $525,000* List Price | 3 | 1 | 1,448 | $380 | - |
A 1710 Gaynor Ave Sold 3 bd · 2 ba · 1,276 sqft · $431 · 0.1 mi | $550,000 | 3 | 2 | 1,276 | $431 | 0.1 mi |
B 125 19th St Sold 4 bd · 2 ba · 1,420 sqft · $458 · 0.9 mi | $650,000 | 4 | 2 | 1,420 | $458 | 0.9 mi |
C 534 22nd St Sold 3 bd · 3 ba · 1,406 sqft · $412 · 0.6 mi | $579,000 | 3 | 3 | 1,406 | $412 | 0.6 mi |
D 456 4th St Sold 3 bd · 2 ba · 1,366 sqft · $417 · 0.8 mi | $570,000 | 3 | 2 | 1,366 | $417 | 0.8 mi |
E 634 8th St Sold 4 bd · 2 ba · 1,100 sqft · $355 · 0.5 mi | $390,000 | 4 | 2 | 1,100 | $355 | 0.5 mi |
F 708 11th St Sold 3 bd · 2 ba · 1,130 sqft · $354 · 0.4 mi | $400,000 | 3 | 2 | 1,130 | $354 | 0.4 mi |
G 860 860 7th St Sold 3 bd · 1 ba · 1,038 sqft · $381 · 0.4 mi | $395,000 | 3 | 1 | 1,038 | $381 | 0.4 mi |
H 1613 5th St Active 3 bd · 2 ba · 1,425 sqft · $379 · 0.9 mi | $540,000 List Price | 3 | 2 | 1,425 | $379 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1944, the property is well-maintained and move-in ready with several recent updates including new interior/exterior paint, dual-pane windows, and refinished hardwood floors. The kitchen features refinished cabinetry and a new dishwasher, and the bathroom has been updated, fitting the 5-15 year renovation criteria for functional, maintained spaces.
The generous 5,000 sq. ft. lot and expansive driveway provide a prime opportunity for adding an Accessory Dwelling Unit (ADU), offering significant potential for rental income or multi-generational living.
The home features extensive recent improvements, including new interior and exterior paint, dual-pane windows, refinished cabinetry, and an updated bathroom, ensuring immediate comfort for the new owner.
With approximately 1,500 sq. ft. of living space and a flexible bonus room, the property easily accommodates a home office, game room, or a potential fourth bedroom to suit various lifestyle needs.
Despite having three bedrooms and a large bonus room, the home only features one bathroom, which may be a significant inconvenience for larger families or when hosting guests.
As a 1944 build, the property may possess aging underlying systems typical of the era that could require long-term maintenance or upgrades beyond the recent cosmetic improvements.
Welcome to 1611 Lincoln Avenue, a well maintained 3-bedroom, 1-bathroom home in Richmond’s Belding Woods neighborhood. Offering approximately 1,500 sq. ft. of living space on a 5,000 sq. ft. lot, this property combines classic character, thoughtful updates, and versatile living spaces. Inside you'll find a bright and inviting living area featuring original hardwood floors throughout, complemented by tile flooring in the kitchen and dining areas. Improvements include new interior and exterior paint, dual-pane windows, central heating, refinished kitchen cabinetry, an updated bathroom, new window blinds, and a new dishwasher. A bonus room offers flexibility for use as a potential 4th bedroom, home office, or entertainment and game room. The spacious, low-maintenance backyard features a large storage shed, covered patio area, and an expansive driveway offering ample space for multiple vehicles, a boat, or an RV. The generous lot also provides an opportunity to explore the potential for adding an ADU for additional living space or rental income. Conveniently located within walking distance of Belding-Garcia Park, Chavez Elementary School, Richmond High School, and Salesian College Preparatory, the property also offers easy access to shopping, public transportation, Richmond BART Station, Keller Beach in Point Richmond, Richmond Parkway, I-80 and I-580. Enjoy convenient commuting throughout the East Bay, San Francisco, and the North Bay. A wonderful opportunity to make this versatile home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 1,448 | 1,182.264 |
| Lot Size | 5,000 | 5,000 |
| Price | $525.0K | $667.7K |
| Price per sq ft | $363 | $537 |
| Built year | 1944 | 1947 |
| HOA | $0 | $152 |
| Days on market | 37 | 39 |
Oct 8, 2026
$525,000
$549,900
-5% Price Drop
Initial Listing
Sep 18, 2026
$549,900
Initial Listing