2031 Chanslor Avenue, Richmond, California 94801, Richmond, 94801 - bed, bath
2031 Chanslor Avenue
Richmond, California 94801
Property Price
SUMMARY
Analysis of 2031 Chanslor Avenue, Richmond, California 94801 is currently available with a list price of $479,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Richmond Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1939, this property shows significant signs of age and deferred maintenance. The kitchen features very dated tiled countertops, old cabinets, and worn linoleum flooring, indicating a need for substantial renovation despite a newer stove. The living room's hardwood floors are worn, and heating appears to be via an older wall unit. While some windows and appliances (stove, washer/dryer) have been updated, the core components and overall aesthetic are severely outdated and require extensive rehabilitation to meet modern standards. The lack of bathroom photos is also a concern, as they are likely in similar or worse condition.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
The property is explicitly listed as a Residential Income property and a Duplex, offering immediate investment potential for rental income.
- Established Rental Income
Specific monthly rents for both units ($1,185.74 and $1,300) are provided, ensuring immediate cash flow for an investor or owner-occupant.
- Excellent Commuter Location
Being within walking distance to a BART station is a significant advantage for residents commuting to other parts of the Bay Area, enhancing tenant appeal.
CONSRISKS & DEFICIENCIES
- Advanced Age of Property
Built in 1939, the property is over 80 years old, which may indicate a need for significant updates to plumbing, electrical, and other major systems.
- Limited Descriptive Information
The listing provides minimal details about the units themselves, such as square footage, number of bedrooms/bathrooms, or interior condition, making it difficult for prospective buyers to fully evaluate.
- Potential for Deferred Maintenance
Without specific mention of recent renovations or upgrades, the age of the property suggests a higher likelihood of requiring substantial investment in repairs or modernization.
About 2031 Chanslor Avenue
Monthly rent: 2031 Chanslor Avenue – $1,185.74; 2033 Chanslor Avenue – $1,300. Convenient location with BART station within walking distance and post office directly across the street.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1939
- Lot Size
- 6,215 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | - | - | 50% |
| Lot Size | 6,215 | 4,500 | 90% |
| Price | $479.0K | $670.0K | 20% |
| Price per sq ft | $0 | $0 | 50% |
| Built year | 1939 | 1933 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 241 | 169 | 70% |
Pricing History
Listed for Sale
Nov 12, 2025
$479,000
$449,000
+7% Price Increase
Initial Listing
Price Change
Sep 28, 2025
$449,000
Initial Listing
Price Change
Jul 9, 2025
$499,000
Initial Listing