4321 Florida Ave, Richmond, California 94804, Richmond, 94804 - 4 bed, 3 bath
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4321 Florida Ave
Richmond, California 94804
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,223Sq Ft
4,000Lot Size
Property Price
LIST PRICE$579,000
EST. MARKET VALUE
$612,615
5% BelowMARKET VALUE
SUMMARY
This Hybrid Residential Property is a Strong Value Opportunity, listed at $579,000—positioned well below the $616,438 Fair Market Value by 6%. This valuation gap offers $37,438 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a detached bonus room, remodeled bathroom, and newer roof. This versatile layout provides a unique "house hack" potential, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset with significant upside.
Estimated Market Value
$612,615+$33,615 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 | $579,000* List Price | 4 | 3 | 1,223 | $501 | - |
A 4015 Ohio Ave Sold | $558,000 | 3 | 2 | 1,008 | $554 | 0.2 mi |
B 4317 Taft Ave Sold | $569,000 | 3 | 2 | 1,433 | $397 | 0.2 mi |
C 226 226 S 41st St Sold | $580,000 | 3 | 1 | 1,149 | $505 | 0.1 mi |
D 362 S 35th St Sold | $552,000 | 3 | 2 | 1,129 | $489 | 0.4 mi |
E 645 31st St Sold | $620,000 | 2 | 2 | 1,156 | $536 | 0.9 mi |
F 66 66 Murdock Street Sold | $600,000 | 3 | 2 | 1,310 | $458 | 0.9 mi |
G 2761 2761 Martin Luther King Jr Ave Sold | $650,000 | 3 | 2 | 1,358 | $479 | 0.9 mi |
H 134 S 41st St Active | $575,000 List Price | 3 | 2 | 1,188 | $484 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1942, the property is well-maintained and move-in ready. It features a remodeled bathroom, a newer roof, leased solar, and updated exterior landscaping with newer pavers, placing it within the 5-15 year renovation category.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Detached Bonus Space
The property features a detached bonus room with a nearby bathroom, providing rare flexibility for a home office, guest retreat, or in-law setup not typically found at this price point.
- Recent Capital Improvements
With a newer roof, remodeled bathroom, and updated outdoor pavers, the home is move-in ready and offers reduced immediate maintenance concerns for the new owner.
- Exceptional Value Proposition
Priced competitively at $579,000 for a 4-bedroom, 3-bathroom configuration, this property represents a high-value opportunity for first-time buyers or investors in the Bay Area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Leased Solar Agreement
The solar panels are leased rather than owned, which requires the buyer to assume an existing contract and monthly payment, potentially impacting debt-to-income ratios.
- Compact Interior Scale
At 1,223 square feet for a 4-bedroom layout, the individual room sizes and common areas may feel small or constrained for larger families or those seeking open-concept living.
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 | 1.5 |
| Square foot | 1,223 | 1,209.27 |
| Lot Size | 4,000 | 5,000 |
| Price | $579.0K | $682.4K |
| Price per sq ft | $473 | $516 |
| Built year | 1942 | 1949 |
| HOA | $0 | $144 |
| Days on market | 42 | 38 |
Pricing History
Listed for Sale
Jul 29, 2026
$579,000
Initial Listing