
Richmond, California 94801
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $513,000—positioned well below the $598,747 Fair Market Value by 14%. This valuation gap provides $85,747 in Instant Equity. Featuring a Condition Rating of 2, the home includes modern stainless steel appliances and owned solar panels. While local school ratings are modest, the property’s generous 7,500 sqft lot and move-in readiness offer significant long-term utility savings. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1730 Fred Jackson Way Subject | $499,000* List Price | 4 | 2 | 1,155 | $444 | - |
A 1744 4th St Active | $499,000 List Price | 4 | 2 | 1,155 | $432 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a complete renovation within the last 5 years. Interior photos show modern bathroom fixtures, new carpeting, fresh paint, and recessed lighting. The addition of owned solar and stainless steel appliances indicates significant updates to the home's systems and overall condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1155.
The property is completely renovated with modern stainless steel appliances and includes owned solar panels, providing immediate move-in readiness and significant long-term utility savings.
Sitting on a 7,500 square foot lot, this home offers substantial outdoor space and off-street parking, which is a significant advantage for the neighborhood.
With only 1,155 square feet of living space distributed across four bedrooms, the individual room sizes and common areas may feel constrained for a household of that size.
The local public schools are rated poorly (1/10 to 3/10), which may be a deterrent for families and could impact the property's long-term appreciation potential.
Completely renovated 4 bedroom 2 bath home with off street parking. Stainless steel appliances, washer and dryer. Walking distance to Verde Elementary School. Close to public transportation.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,155 | 1,209.27 |
| Lot Size | 7,500 | 5,000 |
| Price | $499.0K | $682.4K |
| Price per sq ft | $432 | $516 |
| Built year | 1960 | 1949 |
| HOA | $0 | $144 |
| Days on market | 33 | 38 |
Sep 5, 2026
$499,000
$513,000
-3% Price Drop
Initial Listing
Aug 7, 2026
$513,000
Initial Listing
Dec 27, 2024
$380,000
Public Record