4321 Florida Ave, Richmond, California 94804, Richmond, 94804 - 4 bed, 3 bath
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4321 Florida Ave
Richmond, California 94804
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,223Sq Ft
4,000Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$549,231
9% BelowMARKET VALUE
SUMMARY
This Versatile Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $499,000—positioned well below the $578,419 Fair Market Value by 13%. This valuation gap provides $79,419 in Instant Equity. Featuring a Mint Condition Rating with a remodeled kitchen and detached bonus space, the property offers rare flexibility. While the leased solar requires assumption, the turnkey finishes and private patio make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Estimated Market Value
$549,231+$50,231 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4321 Florida Ave Subject 4 bd · 3 ba · 1,223 sqft · $449 | $499,000* List Price | 4 | 3 | 1,223 | $449 | - |
A 2415 Maine Ave Sold 4 bd · 2 ba · 1,356 sqft · $413 · 1.0 mi | $560,000 | 4 | 2 | 1,356 | $413 | 1.0 mi |
B 339 S 29th St Sold 4 bd · 2 ba · 1,204 sqft · $449 · 0.8 mi | $540,000 | 4 | 2 | 1,204 | $449 | 0.8 mi |
C 335 S 26th St Sold 2 bd · 1 ba · 961 sqft · $464 · 0.9 mi | $446,000 | 2 | 1 | 961 | $464 | 0.9 mi |
D 626 626 28th St Sold 3 bd · 2 ba · 1,433 sqft · $423 · 1.0 mi | $606,000 | 3 | 2 | 1,433 | $423 | 1.0 mi |
E 3911 Ohio Ave Pending 4 bd · 2 ba · 1,204 sqft · $373 · 0.2 mi | $449,000 List Price | 4 | 2 | 1,204 | $373 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1942, the property has undergone significant recent renovations including a fully remodeled kitchen with modern cabinetry and stainless steel appliances, updated bathrooms, and a newer roof. The addition of solar panels and updated exterior landscaping (pavers and turf) indicate the home is in mint, move-in ready condition with renovations likely completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Options
The property features a detached bonus room with a nearby bathroom, offering rare flexibility for a home office, guest retreat, or multi-generational living setup.
- Recent Capital Improvements
Move-in ready condition is supported by a newer roof, remodeled bathroom, and low-maintenance landscaping with updated pavers, reducing immediate post-purchase costs.
- Exceptional Market Value
Priced under $500,000 for a 4-bedroom, 3-bathroom configuration, this home represents a highly competitive entry point for the Richmond real estate market.
CONSRISKS & DEFICIENCIES
- High Density Floor Plan
With 1,223 square feet accommodating up to four sleeping areas and three bathrooms, the individual room scales may feel constrained for larger furniture or families.
- Leased Solar Commitment
The solar system is leased rather than owned, requiring the buyer to assume a long-term contractual obligation and monthly payment as part of the purchase.
About 4321 Florida Ave
Welcome to this beautifully maintained and move-in ready home offering exceptional flexibility and additional living options. This property features a spacious 3-bedroom, 3-bathroom main home plus a detached bonus room in the backyard ideal for a home office, guest retreat, hobby room, or in-law-style setup. Enjoy a well-designed floor plan, remodeled bathroom, dedicated laundry area, leased solar, and a newer roof that was inspected prior to solar installation. The approximately 4,000 sq ft lot offers a private outdoor setting with a bathroom, newer pavers, patio space, low-maintenance landscaping, and room to relax or entertain. The detached bonus space and separate nearby bathroom provide unique versatility rarely found in this price range. Seller states additions were completed with permits where required. Buyer to verify all information and perform their own due diligence. A truly special opportunity offering comfort, flexibility, and value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1942
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 3.0 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,223 | 1,182.264 |
| Lot Size | 4,000 | 5,000 |
| Price | $499.0K | $667.7K |
| Price per sq ft | $408 | $537 |
| Built year | 1942 | 1947 |
| HOA | $0 | $152 |
| Days on market | 40 | 39 |
Pricing History
Listed for Sale
Sep 14, 2026
$499,000
Initial Listing