2420 2420 Bush, Richmond, California 94806, Richmond, 94806 - 3 bed, 2 bath
2420 2420 Bush
Richmond, California 94806
Property Price
SUMMARY
Analysis of 2420 2420 Bush, Richmond, California 94806 reveals a Prime Investment Opportunity with a current list price of $598,800—significantly undercutting the $627,569 Fair Market Value by 4%. This valuation gap indicates a +$28,769 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Richmond Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2420 2420 Bush Subject | $598,800* List Price | 3 | 2 | 1,250 | $502 | - |
A 1337 24th St Sold | $520,000 | 3 | 2 | 960 | $542 | 0.1 mi |
B 1939 20th St Sold | $560,000 | 3 | 2 | 1,152 | $486 | 0.4 mi |
C 2367 Dover Ave Sold | $620,000 | 3 | 2 | 1,178 | $526 | 0.2 mi |
D 1920 California Ave Sold | $554,000 | 3 | 1 | 1,212 | $457 | 0.3 mi |
E 2919 Willow Rd Sold | $690,000 | 4 | 2 | 1,389 | $497 | 0.5 mi |
F 2332 2332 Emeric Ave Pending | $530,000 List Price | 3 | 2 | 1,058 | $501 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive renovation in 2024, meeting the criteria for 'excellent' condition despite its 1965 build date. Key updates include a brand-new roof and skylight (2024), fresh exterior paint, and a modernized kitchen featuring refinished cabinetry, new acrylic countertops, and new stainless steel appliances. The interior features new vinyl plank flooring throughout, and the property shows no signs of deferred maintenance, making it fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive 2024 Upgrades
The property features significant recent capital improvements including a new roof, skylight, exterior paint, and back fence, significantly reducing immediate maintenance concerns for the buyer.
- Move-In Ready Interior
With an updated kitchen featuring new appliances and countertops, plus modern vinyl plank flooring throughout, the home is in excellent condition for immediate occupancy or as a turnkey rental.
- Strategic Commuter Location
Ideally situated with close proximity to Interstate 80, Highway 580, and AC Transit bus lines, offering excellent accessibility for Bay Area commuters and easy access to local services.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools have low performance ratings (ranging from 1 to 3), which may be a deterrent for families and could impact future appreciation potential.
- Limited Lot Size
The 3,500 square foot lot is relatively compact, offering minimal outdoor space for recreation, gardening, or potential property expansions.
About 2420 2420 Bush
LOCATION, LOCATION, LOCATION! GREAT MOVE-IN Condition HOME or RENTAL with close proximity to City of San Pablo services including; supermarkets, schools, casino, Interstate 80, Highway 580, AC transit bus lines. This home has; Roof (August 2024), Skylight(August 2024), Exterior Paint (November 2024), Back fence (August 2024), UPDATED kitchen with craftsman refinished cabinetry (2024), Stainless Steel Sink and faucet (September 2024), Wilson Art Acrylic countertops (September 2024), NEW freestanding Stove/Oven (September 2024), plank vinyl flooring throughout the house. Low effort front yard/back yard maintenance. Large living room offers creative space possibilities! HOME WARRANTY PROVIDED by SELLER!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Ford Elementary School
Grades K-6 • 0.4 mi
Helms Middle School
Grades 7-8 • 0.6 mi
Richmond High School
Grades 9-12 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,250 | 1,297.5 | 44% |
| Lot Size | 3,500 | 5,478.5 | 9% |
| Price | $598.8K | $615.0K | 45% |
| Price per sq ft | $479 | $457 | 58% |
| Built year | 1965 | 1956 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 168 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$598,800
Initial Listing
Sold
Mar 16, 2015
$330,000
Public Record