331 S 50th St, Richmond, California 94804, Richmond, 94804 - 2 bed, 1 bath
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331 S 50th St
Richmond, California 94804
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
778Sq Ft
5,376Lot Size
Property Price
LIST PRICE$440,000
EST. MARKET VALUE
$397,584
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $440,000—positioned well below the $397,584 Fair Market Value by -10%. As a fire-damaged Single Family Residence with a Condition Rating of 6, this asset requires a full restoration or total rebuild. The 5,376 sqft lot provides a versatile footprint for modern redesigns or ADU expansion. Given the extensive work required, this project is strictly for Fix-and-Flip Investors or Contractors capable of managing a comprehensive, ground-up renovation.
Estimated Market Value
$397,584
Based on Realkey algorithm analyzing recent comparable sales in Richmond.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 331 S 50th St Subject 2 bd · 1 ba · 778 sqft · $511 | $440,000* List Price | 2 | 1 | 778 | $511 | - |
A 143 S 42nd St Sold 2 bd · 1 ba · 779 sqft · $565 · 0.4 mi | $440,000 | 2 | 1 | 779 | $565 | 0.4 mi |
B 800 S 45th St Sold 3 bd · 1 ba · 894 sqft · $487 · 0.5 mi | $435,000 | 3 | 1 | 894 | $487 | 0.5 mi |
C 142 S 42nd Street Sold 3 bd · 2 ba · 1,044 sqft · $431 · 0.4 mi | $450,000 | 3 | 2 | 1,044 | $431 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1941 (>50 years old) with no evidence of recent renovation, the property has been significantly compromised by a recent house fire. The listing explicitly states it requires a full restoration or rebuild and is being sold 'as-is,' effectively representing land value and a footprint for new construction.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
As a fire-damaged 'blank canvas,' this property offers experienced investors and developers substantial upside potential through a complete renovation or modern redesign.
- Generous Lot Size
The 5,376 sqft lot provides a manageable yet spacious footprint, offering ample room for potential home expansion or the addition of an Accessory Dwelling Unit (ADU).
- Established East Bay Location
Situated in the Park Plaza neighborhood of Richmond, the property benefits from being in a mature residential area with proximity to regional employment hubs and amenities.
CONSRISKS & DEFICIENCIES
- Extensive Restoration Required
The property was recently affected by a house fire and requires a full restoration or total rebuild, necessitating significant capital and professional contractor involvement.
- Financing Constraints
Due to the 'as-is' condition and lack of habitability, the property will likely not qualify for traditional financing, limiting the buyer pool to cash or hard-money investors.
About 331 S 50th St
Value-Add Opportunity in Richmond! Bring your contractor, vision, and offer to 331 S. 50th St. This 2-bedroom, 1-bath home offering 778 sq. ft. of efficient space presents a blank canvas with significant upside potential. Recently affected by a house fire, this property is being sold completely "as-is" and provides a unique footprint for a comprehensive renovation, rebuild, or modern redesign. Situated on a manageable parcel in an established East Bay neighborhood, this is an ideal project for experienced investors, flippers, or ambitious end-users looking to build equity from the ground up. Property requires full restoration.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,376 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 778 | 1,182.264 |
| Lot Size | 5,376 | 5,000 |
| Price | $440.0K | $667.7K |
| Price per sq ft | $566 | $537 |
| Built year | 1941 | 1947 |
| HOA | $0 | $152 |
| Days on market | 24 | 39 |
Pricing History
Listed for Sale
Sep 30, 2026
$440,000
Initial Listing
Sold
Oct 29, 1998
$63,000
Public Record