
Richmond, California 94804
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $990,000—positioned well above the $922,125 Fair Market Value by -7%. Featuring a Condition Rating of 4, the property offers a vacant 2-bedroom unit alongside two occupied units, providing immediate rental income and flexibility. Key features include a three-car garage, hardwood floors, and a private deck. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in the Richmond Annex.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 Carlson Blvd Subject | $990,000* List Price | 0 | 0 | 1,947 | $474 | - |
A 1532 Mariposa St Pending | $695,000 List Price | 0 | 0 | 1,630 | $426 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this property is well-maintained but dated. The kitchen features oak cabinetry and white appliances likely over 20 years old, and while the hardwood floors and dual-pane windows are good features, the overall aesthetic and systems require modernization to meet current market standards.
The property offers a vacant 2-bedroom unit alongside two tenant-occupied units, providing immediate cash flow with the flexibility for owner-occupancy or market-rate leasing.
Situated in the desirable Richmond Annex, the property is minutes from BART and major commuter routes, making it highly attractive to a professional tenant base.
The inclusion of a three-car garage, private backyard, and dual-pane windows adds significant functional value and sets it apart from standard multi-family listings.
The local public schools carry ratings between 4 and 5, which may be a drawback for families prioritizing high-performing school districts.
With two units currently occupied, a new owner may face immediate constraints regarding unit renovations or adjusting rents to full market value due to existing lease terms.
Discover a rare opportunity to own a well-cared-for triplex in the highly sought-after Richmond Annex. The property includes two tenant-occupied 1-bedroom, 1-bathroom units and one vacant 2-bedroom, 1-bathroom unit, offering immediate rental income with the flexibility for owner occupancy or market-rate leasing. Blending timeless charm with everyday functionality, this property features hardwood floors, dual-pane windows, a private backyard, shared laundry, and a spacious three-car garage. Ideally located just minutes from BART, shopping, dining, parks, and major commuter routes, it offers the perfect balance of comfort, convenience, and long-term investment potential.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,947 | 2,872 |
| Lot Size | 5,000 | 5,450 |
| Price | $990.0K | $812.9K |
| Price per sq ft | $508 | $379 |
| Built year | 1953 | 1936 |
| HOA | $0 | $0 |
| Days on market | 7 | 72 |
Jul 16, 2026
$990,000
Initial Listing
Mar 1, 2024
$1,100,000
Public Record
Feb 17, 2011
$240,000
Public Record
Jan 30, 2007
$669,000
Public Record