
Richmond, California 94806
This High-Potential Investment Opportunity is listed at a List Price of $359,000, positioned slightly above the $351,741 Fair Market Value. While the property requires modernization, its Fair Condition Rating (38 years old) provides a clear path for value-add renovations. Featuring 1,176 sq ft, vaulted ceilings, and a private deck with hill views, the unit offers a functional layout for long-term rental demand. Despite higher HOA fees, the property serves as a stable asset for Buy-and-Hold Investors or first-time buyers seeking an entry-level Richmond residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2742 East Ct Subject | $359,000* List Price | 2 | 2 | 1,176 | $299 | - |
A 3657 West Ct Sold | $326,000 | 1 | 1 | 1,005 | $324 | 0.1 mi |
B 3784 Stoneglen N Sold | $285,000 | 1 | 1 | 1,005 | $284 | 0.1 mi |
C 2776 East Ct Active | $359,000 List Price | 2 | 2 | 1,176 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property falls into the dated category. While the interior appears well-maintained and functional with vaulted ceilings and clean flooring, the fireplace tiling and fixtures suggest original 80s finishes that require modernization. It is move-in ready but needs minor updates to the kitchen, baths, and systems to meet current market standards.
At 1,176 sq ft with vaulted ceilings, this oversized 2-bedroom unit offers a significantly more open and airy feel than standard condominiums in this price range.
Situated minutes from major highways and the Hilltop shopping district, the property provides excellent accessibility for commuters and easy access to local amenities.
With a competitive list price of $359,000, this property represents a strong entry-level opportunity for first-time buyers or investors looking for a functional layout in a desirable subdivision.
The monthly HOA fee of $619 is relatively high, which may impact the overall debt-to-income ratio for buyers and reduce monthly cash flow for investors.
The assigned public schools currently hold low ratings (2/10 for elementary and middle), which could be a concern for families prioritizing educational performance or long-term resale value.
Welcome to this oversized 2-bedroom, 2-bathroom home enhanced with vaulted ceilings offering 1,176 sq ft of comfortable living space. Featuring an open and functional floor plan, this unit provides plenty of room to relax, work, and entertain. Conveniently located just minutes from shopping, dining, and major highways, you’ll enjoy easy access to everything you need. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this home offers comfort and convenience in a desirable location.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 57% |
| Square foot | 1,176 | 1,005 | 57% |
| Lot Size | - | - | 50% |
| Price | $359.0K | $326.0K | 71% |
| Price per sq ft | $305 | $305 | 50% |
| Built year | 1986 | 1986 | 50% |
| HOA | $619.0 | $604 | 57% |
| Days on market | 16 | 200 | 14% |
May 29, 2026
$359,000
Initial Listing
Oct 1, 2007
$340,000
Public Record
Oct 28, 1993
$124,000
Public Record