421 5th Street, Richmond, California 94801, Richmond, 94801 - 3 bed, 1 bath
421 5th Street
Richmond, California 94801
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 5th Street Subject | $399,999* List Price | 3 | 1 | 1,586 | $253 | - |
A 545 3rd St Pending | $385,000 List Price | 4 | 1 | 1,483 | $260 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1913, this property is explicitly marketed as an investor opportunity for cash buyers, indicating it likely does not meet traditional financing requirements due to its condition. The home features a severely outdated kitchen and bathroom, visible wear on flooring and walls, and aged systems that require substantial rehabilitation and modernization to be considered move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Equity Potential
Marketed as a prime investor opportunity, this property offers significant upside for buyers looking to renovate and build equity quickly in the Richmond market.
- Competitive Price Point
At $399,999 for over 1,500 square feet, the property represents a rare entry-level price point for a detached single-family home in the Bay Area.
- Ample Off-Street Parking
The inclusion of tandem parking for up to three cars at the rear of the property is a major asset that adds convenience and value in a high-density area.
CONSRISKS & DEFICIENCIES
- Financing Constraints
The property is ideally suited for cash buyers, suggesting that its current condition may not meet the requirements for traditional FHA or conventional financing.
- Underperforming School District
The local middle and high schools carry low ratings (1-3 out of 10), which may be a deterrent for families prioritizing academic performance.
- Significant Age and Maintenance
Built in 1913, the home likely requires substantial updates to its core systems, such as electrical, plumbing, and foundation, to meet modern standards.
About 421 5th Street
Welcome to this INVESTOR OPPORTUNITY, property with a great location, Unlock the massive potential of this 1,586 sq. ft. living area! this two-story home offers a generous 3-bedroom floor plan and a roomy downstairs living area that is rare at this price point, additional Tanden parking for up to 3 cars in the back of the property, It is ideally suited for cash buyers who want to build equity quickly. Do not miss this opportunity to own this property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1913
- Lot Size
- 2,825 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Lincoln Elementary School
Grades K-6 • 0.4 mi
Peres Elementary School
Grades K-6 • 0.4 mi
Washington Elementary School
Grades K-6 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,586 | 1,417 | 62% |
| Lot Size | 2,825 | 3,486 | 34% |
| Price | $400.0K | $530.0K | 3% |
| Price per sq ft | $252 | $414 | 7% |
| Built year | 1913 | 1949 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 176 | 3% |
Pricing History
Listed for Sale
Feb 12, 2026
$399,999
Initial Listing
Sold
Oct 11, 2022
$332,000
Public Record
Sold
Mar 8, 2022
$332,000
Public Record
Sold
Jun 16, 2009
$65,500
Public Record
Sold
Apr 5, 2004
$200,000
Public Record
Sold
Mar 16, 2004
$129,000
Public Record