243 Nevada Av, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath
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Richmond, California 94801
This property presents a High-Potential Investment Opportunity with a List Price of $619,000—positioned well below the $589,049 Fair Market Value by -5%. Featuring a Condition Rating of 5, this 1904 asset requires a comprehensive renovation to unlock its value. The property offers a Versatile Bonus Space and 3-Car Parking, providing significant upside for forced appreciation. Located in a walkable Point Richmond neighborhood near the SF Ferry, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Property is extensive renovation needed.
Built in 1904 and explicitly marketed as a 'Contractor Special,' this property requires a comprehensive rehab. Interior images reveal a severely dated bathroom with unfinished wall patches, exposed plumbing, and worn flooring. The presence of a pull-down ladder in the living area and the 'blank canvas' description suggest that the kitchen, baths, and core systems (HVAC/Electric) are likely at the end of their functional life and need full replacement.
Situated on a corner lot just blocks from historic downtown, the property offers exceptional walkability to local cafes, the Richmond Plunge, and Miller/Knox Regional Shoreline, plus easy access to the SF Ferry.
The home includes a flexible bonus area with a separate entrance, kitchenette, and bathroom, making it an ideal setup for a private home office, guest suite, or potential rental unit.
Rare for a historic 1904 property, this home features three-car parking, including a garage and a secure rear space protected by an electric gate.
Explicitly listed as a 'contractor special,' the property requires significant investment and structural or cosmetic work to realize its full potential and modern living standards.
With only 1,024 square feet of living space and a single primary bathroom, the home's footprint may be restrictive for larger families or those seeking more spacious accommodations.
Charming Turn-of-the-Century Opportunity in Point Richmond! CONTRACTOR SPECIAL with "good bones." The main level features classic character and a highly functional layout ready for your creative design. A versatile BONUS SPACE with a separate entrance, kitchenette, and bathroom serves as the perfect home office or private guest suite. The terraced backyard is a blank canvas surrounded by mature trees—ideal for an entertaining deck, garden, or quiet meditation spot. Features 3-car parking, including garage and a secure rear space with an electric gate. A fantastic canvas to add your personal touch and maximize value! SEE THE FLOOR PLANS. Nestled on a corner lot just blocks from historic downtown, this charming home offers quintessential small-town living with urban convenience. Enjoy close proximity to local cafes, restaurants, two grocery stores, post office, bank, bars, beauty shop, barber shop, entertainment, Hotel Mac, the Richmond Plunge community pool, Miller/ Knox Regional Shoreline Park, Keller Beach, scenic trails, dog park and Washington Elementary School.. Perfect for commuters, the Richmond Ferry to SF is only 2.3 miles away!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 4.5 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 1,024 | 1,157 |
| Lot Size | 3,000 | 5,000 |
| Price | $619.0K | $681.0K |
| Price per sq ft | $604 | $503 |
| Built year | 1904 | 1943 |
| HOA | $0 | $125 |
| Days on market | 15 | 40 |
Jul 8, 2026
$619,000
Initial Listing