
Richmond, California 94804
This Single Family Residence is a Strong Value Opportunity, listed at $490,000—positioned well below the $496,466 Fair Market Value by 1%. This valuation gap offers $6,466 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a Granite Kitchen, Refinished Hardwood Floors, and Solar Panels. With a 5,000 sq. ft. lot offering ADU Potential, this home balances immediate utility with long-term growth. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2331 Humphrey Ave Subject | $490,000* List Price | 2 | 1 | 771 | $644 | - |
A 2726 Rheem Ave Sold | $629,000 | 3 | 1 | 942 | $668 | 0.3 mi |
B 2879 Rheem Ave Sold | $520,000 | 2 | 1 | 955 | $545 | 0.4 mi |
C 3200 Mcbryde Ave Sold | $590,000 | 2 | 2 | 828 | $713 | 0.6 mi |
D 2515 Lowell Sold | $515,000 | 2 | 1 | 863 | $597 | 0.1 mi |
E 2542 Esmond Ave Sold | $600,000 | 2 | 1 | 872 | $688 | 0.3 mi |
F 3417 Maricopa Ave Active | $485,000 List Price | 2 | 1 | 789 | $615 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1943 build date, the home is move-in ready with significant updates. The bathroom is recently renovated with modern tiling and a walk-in shower, and the living areas feature newly refinished hardwood floors and recessed lighting. The kitchen is functional with granite countertops and stainless steel appliances, though cabinetry appears to be an older renovation (10-20y). The inclusion of solar panels suggests updated electrical considerations.
The generous 5,000 sq. ft. lot offers significant potential for an Accessory Dwelling Unit (ADU), providing a valuable opportunity for future expansion or rental income.
The home features high-quality finishes including newly refinished hardwood floors, recessed lighting, and an updated kitchen with granite countertops and stainless steel appliances.
Equipped with solar panels to reduce utility costs and a bonus room that offers essential flexible space for storage or a home office.
At just 771 sq. ft., the interior living space is quite compact, which may be a constraint for buyers requiring more room to grow.
The presence of only one bathroom can be a significant drawback for families or households that prioritize convenience and privacy.
Welcome to 2331 Humphrey Ave, a charming single-level Ranch-style home situated on an approximately 5,000 sq. ft. lot. This 2-bedroom, 1-bath home combines classic character with thoughtful updates and plenty of potential. Features include beautiful newly refinished hardwood floors, abundant natural light, recessed lighting, shutters, and an updated bathroom with a tiled walk-in shower. The kitchen offers granite countertops, a stainless steel gas range and hood, and ample cabinet space. An additional bonus room/storage area provides extra flexibility. The property also features an attached garage, solar panels, and low-maintenance front and back yards. The large lot may offer ADU potential, subject to buyer investigation and local requirements. Conveniently located near restaurants, shopping, public transportation, BART, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 771 | 1,209.27 |
| Lot Size | 5,000 | 5,000 |
| Price | $490.0K | $682.4K |
| Price per sq ft | $636 | $516 |
| Built year | 1943 | 1949 |
| HOA | $0 | $144 |
| Days on market | 26 | 38 |
Aug 14, 2026
$490,000
Initial Listing