230 Nevin Ave, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath
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Richmond, California 94801
This Value-Add Residential Asset is listed at $429,000, positioned near its $392,301 Fair Market Value. Carrying a Condition Rating of 5, the 1904 cottage requires a comprehensive systems overhaul and structural renovation to address significant deferred maintenance. However, the property offers substantial upside through its ADU Potential and Strategic Commuter Location within the Iron Triangle, providing rapid access to BART and Kaiser Permanente. Despite low local school ratings, the additional structure and high rental demand make this an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-yield project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230 Nevin Ave Subject | $429,000* List Price | 2 | 1 | 846 | $464 | - |
A 1100 Pennsylvania Ave Pending | $349,000 List Price | 2 | 1 | 793 | $440 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1904 and held by the same family for a long period, the property likely has original or severely outdated systems (HVAC/Electric). The exterior shows signs of deferred maintenance, including overgrown vegetation and a large tree encroaching on the foundation, suggesting a need for a full rehab to meet modern safety standards.
The property features an additional structure with ADU potential, providing a valuable opportunity for rental income or multi-generational living in a high-demand market.
Ideally situated with easy access to BART, Kaiser Permanente, and transit routes to Marin County, making it highly attractive for Bay Area professionals.
Priced under $430,000, this charming cottage offers a rare and accessible entry point into the Bay Area's competitive single-family residential market.
The local public schools are rated poorly, with scores as low as 1 out of 10, which may impact long-term resale value and appeal to families.
Built in 1904 with only 846 square feet of living space, the home's age and compact footprint may present challenges regarding modern layout preferences and maintenance.
Charming cottage in up & coming neighborhood! Well-cared for by the same family for a long time. Nice floorplan, big country style porch and easy access to fenced yard. Additional structure has ADU potential. Close to BART, Kaiser, access to Marin County.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 846 | 1,259.5 | 19% |
| Lot Size | 3,564 | 3,998 | 44% |
| Price | $429.0K | $560.0K | 22% |
| Price per sq ft | $507 | $421 | 75% |
| Built year | 1904 | 1942 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 131 | 13% |
Apr 20, 2026
$429,000
Initial Listing