
Richmond, California 94801
This Income-Generating Triplex represents a High-Potential Investment Opportunity with a List Price of $725,000, positioned at its $725,000 Fair Market Value. Featuring a Condition Rating of 5, the property offers substantial Value-Add potential through interior updates. Each unit provides a versatile two-bedroom layout, off-street parking, and a private deck. While local schools like Lincoln Elementary and Richmond High serve the area, the proximity to major highways ensures high rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking stable income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 214 Barrett Ave Subject | $725,000* List Price | 0 | 0 | 2,484 | $292 | - |
A 1317 Chanslor Ave Sold | $548,000 | 0 | 0 | 1,512 | $362 | 0.7 mi |
B 305 Ripley Sold | $725,000 | 0 | 0 | 0 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this property is 47 years old. The exterior images show a dated building with no visible signs of recent renovations. The MLS listing itself highlights the property's age and the 'potential for deferred maintenance or the need for significant updates to unit interiors and systems.' Without interior photos, it's highly probable that kitchens, bathrooms, and major systems are original or very outdated, requiring substantial repairs and rehabilitation to meet modern living standards and tenant expectations.
The property is a triplex, explicitly categorized as 'Residential Income,' offering immediate rental income potential for investors.
Dedicated off-street parking is provided for all three units, a valuable and sought-after amenity in urban environments.
Located in the heart of Richmond with convenient access to major highways, making it highly appealing for commuters.
The 'on_market_date' and 'modified_timestamp' are listed in December 2025, which is a significant data anomaly for an 'Active' listing and may indicate an error or unusual pre-listing status.
Built in 1977, the property is nearly 50 years old, suggesting potential for deferred maintenance or the need for significant updates to unit interiors and systems to meet modern tenant expectations.
Several local schools, including middle and high schools, have low ratings (1-2), which could negatively impact the property's appeal to families with school-aged children.
Built in 1977, the property at 214 Barrett Ave in Richmond, CA comprises three units within a two-story building. Each unit features two bedrooms, and the property provides off-street parking for all units. Located in the heart of Richmond and conveniently near major highways—ideal for commuting—this property presents an excellent investment opportunity for a new owner.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,484 | - | 89% |
| Lot Size | 4,125 | 4,125 | 50% |
| Price | $725.0K | $690.0K | 56% |
| Price per sq ft | $292 | $0 | 67% |
| Built year | 1977 | 1939 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 184 | 11% |
Mar 20, 2026
$725,000
$750,000
-3% Price Drop
Initial Listing
Dec 1, 2025
$750,000
Initial Listing
Feb 13, 2013
$231,000
Public Record
Mar 18, 2010
$125,000
Public Record
Mar 29, 2004
$2,927,272
Public Record
Sep 10, 2001
$290,000
Public Record
Jan 7, 1999
$64,000
Public Record