
Richmond, California 94801
This Quadruplex Residential Income property represents a High-Potential Investment Opportunity, listed at $879,900—positioned slightly above the $866,544 Fair Market Value. While the property requires interior modernization given its Condition Rating of 4, the recently redone exterior and vacant unit provide immediate value-add potential. Its proximity to BART and major transit corridors ensures strong rental demand for commuters. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income in a central Richmond location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Barrett Avenue Subject | $879,900* List Price | 0 | 0 | 3,288 | $264 | - |
A 203 Bissell Avenue Active | $999,000 List Price | 0 | 0 | 3,932 | $254 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, the property is 56 years old. While the exterior was recently redone, the listing does not mention interior renovations to kitchens, bathrooms, or core systems (HVAC/Electric). Given the age and the focus on exterior-only updates, the units are likely dated (>20 years) and require minor repairs or modernization to achieve peak market rents.
The property features one vacant unit ready for an owner-occupant or market-rate tenant, providing immediate flexibility and cash flow from the three occupied units.
With a newly redone exterior, the property offers improved curb appeal and reduced near-term maintenance requirements for a new investor.
Situated near BART and major transit corridors like I-80 and I-580, the location is ideal for tenants commuting to San Francisco, Oakland, or Berkeley.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3288, other record living area = 3238.
The assigned public schools have low performance ratings, which may limit the property's appeal to families and affect long-term resale value.
Built in 1968, the property may require ongoing interior updates or system maintenance typical of buildings of this vintage to remain competitive in the rental market.
Great investment or owner-occupant opportunity in Richmond. This four-unit property features three occupied units and one vacant unit, ideal for owner occupancy or rental at market rate. Each unit offers 2 bedrooms, 1 bathroom, and a separate garage. Exterior of property was just redone. Opportunity for investors or buyers looking to live in one unit while generating rental income from the others. Convenient location near BART, shopping, dining, and major commuter routes including I-80 and I-580, with easy access to Berkeley, Oakland, and San Francisco.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,288 | 2,872 |
| Lot Size | 5,400 | 5,450 |
| Price | $879.9K | $812.9K |
| Price per sq ft | $268 | $379 |
| Built year | 1968 | 1936 |
| HOA | $0 | $0 |
| Days on market | 30 | 72 |
Jun 24, 2026
$879,900
Initial Listing
Jun 23, 2026
$899,900
Initial Listing
Mar 25, 2010
$120,000
Public Record
Dec 12, 2003
$570,000
Public Record