
Richmond, California 94804
Analysis of 2620 Maricopa Ave, Richmond, California 94804 is currently available with a list price of $640,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1951, the property is aged. While one kitchen has 'upgraded cabinetry' (appearing 15-25 years old in images), the bathroom is significantly dated with original or very old fixtures and tiling. Hardwood floors are present but show age. The overall condition suggests regular upkeep for rental purposes, but major components and aesthetics are outdated, requiring minor to moderate updates, especially in the kitchen and bathroom, to meet current standards. The presence of a window AC unit and the description's mention of potential major system expenditures due to age further support a 'fair' rating.
The property is tenant-occupied with rents at or near market rate, providing immediate income and stable cash flow from day one, ideal for investors.
Explicitly marketed as an 'Excellent Investment Opportunity' with 'strong fundamentals, reliable income, and long-term hold potential' for any investor portfolio.
Offers two spacious units, each with 1 bedroom, 1 bathroom, plus a versatile den, enhancing rental flexibility and tenant appeal for various needs.
Built in 1951, the property's age suggests that major systems (e.g., plumbing, electrical, roof, HVAC) may be original or require significant capital expenditures in the near future.
The 'Please do not disturb occupants' instruction limits thorough inspections and showings, potentially complicating due diligence for prospective buyers and implying inherited leases.
While one unit has upgraded cabinetry, the description lacks specific details on the condition or recent upgrades of the second unit and critical building systems, which could lead to unforeseen expenses.
Excellent Investment Opportunity in a Prime Richmond Location! Well-located duplex offering two spacious units, each featuring 1 bedroom, 1 bathroom, plus a versatile den, ideal for a home office, guest room, or enhanced rental flexibility. Both units feature functional floor plans, abundant natural light, garage parking, and a large shared backyard, supporting long-term tenant appeal. The property is tenant-occupied with rents at or near market rate, providing immediate income and stable cash flow from day one. One unit offers an efficient kitchen with upgraded cabinetry and finishes, while the second features a practical layout with comfortable living spaces. Durable hard-surface flooring and adaptable interiors contribute to low maintenance and strong rental performance. Prime location directly across from an elementary school, with convenient access to public transportation, neighborhood amenities, and major commuter routes—supporting consistent rental demand. A solid addition to any investor portfolio, offering strong fundamentals, reliable income, and long-term hold potential. Please do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,476 | 738 | 50% |
| Lot Size | 4,300 | 5,300 | 33% |
| Price | $640.0K | $858.8K | 17% |
| Price per sq ft | $434 | $99 | 83% |
| Built year | 1951 | 1960 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 171 | 33% |
Jan 15, 2026
$640,000
Initial Listing
May 29, 2013
$240,000
Public Record
Aug 29, 1996
$119,000
Public Record