
Richmond, California 94804
This property presents a High-Potential Investment Opportunity with a List Price of $499,500—positioned well below the $488,823 Fair Market Value by -2%. Featuring a 4-bedroom, 2-bathroom layout, the home requires a full renovation due to its Condition Rating of 5. While the lot size is compact at 3,648 sqft, the functional single-level floor plan provides a solid foundation for value-add projects. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to modernize a dated residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2415 Maine Ave Subject | $449,500* List Price | 4 | 2 | 1,356 | $325 | - |
A 659 31st St Sold | $415,000 | 2 | 1 | 1,074 | $386 | 1.0 mi |
B 4304 Ohio Ave Active | $499,999 List Price | 4 | 2 | 1,204 | $415 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and maintained by the same owner for over 40 years, the property is significantly dated and requires a full rehab. Interior images show heavily stained/worn carpeting, an outdated kitchen with older appliances, and a wall heater system, aligning with the listing's suggestion for a 'full transformation'.
Priced competitively under $500,000, this property offers significant equity-building potential for investors or handy homeowners looking to renovate and modernize a 4-bedroom residence.
The 4-bedroom, 2-bathroom configuration across a single story provides a highly accessible and efficient floor plan that is desirable for families and multi-generational living.
Held by the same owner for over 40 years, the home suggests a history of stability and care, providing a reliable foundation for its next chapter of transformation.
The property is in original condition and will likely require a substantial capital investment for cosmetic and structural upgrades to meet modern market standards.
With a lot size of only 3,648 square feet, the yard space is relatively small for a 4-bedroom home, limiting options for expansion, gardening, or large-scale outdoor entertaining.
This well-loved single-story home offers a rare opportunity to create something truly special. Featuring 4 bedrooms and 2 bathrooms, the home has been cared for by the same owner for the past 40+ years and is ready for its next chapter. With a functional floor plan, generous living spaces, and endless potential, this is the perfect opportunity for buyers looking to personalize and make a home their own. Whether you're moving right in, envisioning cosmetic updates or a full transformation, the possibilities are wide open. Convenient single-level living, established surroundings, and convenient location make this a property full of opportunity and value. Bring your vision and turn this into the home you've always wanted.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,356 | 1,183 | 58% |
| Lot Size | 3,648 | 4,778 | 26% |
| Price | $449.5K | $634.0K | 15% |
| Price per sq ft | $331 | $492 | 4% |
| Built year | 1959 | 1945 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 133 | 1% |
May 30, 2026
$449,500
$499,500
-10% Price Drop
Initial Listing
May 13, 2026
$499,500
Initial Listing