502 Pennsylvania, Richmond, California 94801, Richmond, 94801 - 4 bed, 2 bath
ACTIVE$419,950
502 Pennsylvania, Richmond, California 94801
4Beds
2Baths
1,254Sqft
2,600Lot
Year Built
1915
Close
-
List price
$420K
Original List price
$420K
Price/Sqft
$335
HOA
-
Days on market
-
Sold On
-
MLS number
41119322
Home ConditionFair
Features
Patio
View-
About this home
Great Deal:The estimated price is 3% above the list price. We found 3 Cons,5 Pros. Rank: price - $419.9K(12th), sqft - 1254(54th), beds - 4(71th), baths - 2(50th).
Welcome to 502 Pennsylvania Ave, a well located property in the heart of the city of Richmond. this home offers new paint, new floors a functional layout with generous natural light and great potential for customization, conveniently situated near local schools, parks, shopping, dinning, and major commuter routes, this property provides easy access to both East Bay amenities and freeway connections, ideal for first time buyers, investors, or anyone looking to add personal touches. Don't miss this opportunity to own in a growing Richmond neighborhood
Nearby schools
3/10
Peres Elementary School
Public,•K-6•0.0mi
3/10
Lincoln Elementary School
Public,•K-6•0.7mi
3/10
Washington Elementary School
Public,•K-6•1.5mi
1/10
Lovonya Dejean Middle School
Public,•7-8•1.6mi
1/10
Helms Middle School
Public,•7-8•1.9mi
4/10
Fred T. Korematsu Middle School
Public,•7-8•4.0mi
3/10
Richmond High School
Public,•9-12•1.1mi
2/10
Kennedy High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
12/16/25
Listing
$419,950
03/13/09
Sold
$65,000
01/29/03
Sold
$122,000
12/22/00
Sold
$117,500
Condition Rating
Fair
The property, built in 1915, has received recent cosmetic updates including new paint and new flooring, making it appear move-in ready. However, the kitchen features a mix of updated cabinets with an older white refrigerator and dated tile flooring/backsplash. The bathrooms also show a blend of newer vanities with older tile work, particularly the yellow-tiled shower in one. Heating is provided by wall-mounted units, not central HVAC. While functional and maintained, the home's age and the visible outdated elements in key areas suggest it requires minor updates to meet modern standards, aligning with a 'fair' condition.
Pros & Cons
Pros
Strategic Location: Centrally located in Richmond, offering convenient access to local schools, parks, shopping, dining, and major commuter routes, including freeway connections to East Bay amenities.
Recent Cosmetic Upgrades: Benefits from new paint and new floors, presenting a refreshed interior that is ready for immediate move-in.
Broad Buyer Appeal: Explicitly marketed as ideal for first-time buyers, investors, or those looking to personalize, indicating a wide target audience.
Functional Layout & Ample Light: Features a practical floor plan with generous natural light, contributing to a comfortable living environment.
Investment/Customization Potential: The property offers 'great potential for customization' and is situated in a 'growing Richmond neighborhood,' suggesting future value appreciation and personalization opportunities.
Cons
Historic Property Age: Built in 1915, the home is over a century old, which typically implies a higher likelihood of needing updates to major systems (e.g., plumbing, electrical, HVAC, roof, foundation) not explicitly mentioned as new.
Limited Outdoor Space: With a lot size of only 2600 sqft, the property offers minimal outdoor space, which may be a drawback for buyers desiring a larger yard or expansion potential.
Unspecified System Condition: The description focuses on cosmetic updates (paint, floors) but omits details on the condition or recent upgrades of crucial structural and mechanical systems, potentially leading to unforeseen expenses for the buyer.