
Richmond, California 94804
This Move-in Ready Bungalow is a Strong Value Opportunity, listed at $485,000—positioned well below the $487,440 Fair Market Value by 0.5%. This valuation gap offers $2,440 in Instant Equity. Featuring a 4/10 Condition Rating, the home includes a brand-new gas range and updated flooring, while the 5,000 sq ft lot provides significant potential for expansion. This property balances immediate comfort with long-term growth, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3417 Maricopa Ave Subject | $485,000* List Price | 2 | 1 | 789 | $619 | - |
A 2879 Rheem Ave Sold | $520,000 | 2 | 1 | 955 | $545 | 0.3 mi |
B 3103 Esmond Ave Pending | $525,000 List Price | 2 | 1 | 841 | $624 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this home is move-in ready with some recent cosmetic updates including new flooring and a brand-new gas range. However, the kitchen cabinetry, laundry area, and overall aesthetic remain dated (likely 20+ years since a full renovation), and the age of the property suggests that major systems may soon require updates to meet modern standards.
The property features recent interior updates, including new flooring throughout and a brand-new gas range, offering a turnkey experience for immediate occupancy.
Situated on a generous 5,000 sq ft lot, the property provides significant outdoor space for gardening, entertaining, or potential future expansion/ADU development.
The combination of a detached garage and a long driveway provides superior parking capacity and versatile storage options rarely found in smaller bungalows.
At only 789 sq ft, the living space is quite compact, which may be a constraint for buyers requiring larger rooms or dedicated home office space.
The 2-bedroom, 1-bath layout may limit the property's appeal to larger households and can be a competitive disadvantage in the resale market.
Charming 2-bedroom, 1-bath bungalow situated on an expansive approximately 5,000 sq ft lot. This move-in ready home features updated flooring throughout the living room, hallway, and bedrooms, creating a warm and inviting living space. The kitchen is equipped with a brand-new gas range and oven, offering both style and functionality. Enjoy the generous front and backyard with plenty of room for gardening, entertaining. A detached garage and long driveway provide ample parking and additional storage. Conveniently located with easy access to shopping, dining, schools, parks, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 789 | 1,209.27 |
| Lot Size | 5,000 | 5,000 |
| Price | $485.0K | $682.4K |
| Price per sq ft | $615 | $516 |
| Built year | 1941 | 1949 |
| HOA | $0 | $144 |
| Days on market | 43 | 38 |
Jul 28, 2026
$485,000
Initial Listing