510 Maine Ave, Richmond, California 94804, Richmond, 94804 - 3 bed, 2 bath
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510 Maine Ave
Richmond, California 94804
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,078Sq Ft
5,000Lot Size
Property Price
LIST PRICE$334,900
EST. MARKET VALUE
$333,409
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $299,950—positioned well below the $286,377 Fair Market Value by -4%. Featuring a Condition Rating of 6, the home requires significant capital investment to address structural and system-wide deficiencies. While the 3-bedroom, 2-bathroom layout and proximity to Nystrom Elementary offer functional potential, the property is strictly a value-add project. This is a distressed asset ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to stabilize the structure.
Estimated Market Value
$333,409
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 |
|---|---|---|---|---|---|---|
★ 510 Maine Ave Subject 3 bd · 2 ba · 1,078 sqft · $309 | $334,900* List Price | 3 | 2 | 1,078 | $309 | - |
A 130 Maine Ave Sold 0 bd · 0 ba · 1,000 sqft · $290 · 0.2 mi | $290,000 | 0 | 0 | 1,000 | $290 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1963 with no evidence of renovation. The property appears unlivable with significant roof damage (tarped), missing flooring, debris throughout, and outdated systems including an exposed exterior water heater and ancient wall furnace.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced under $300,000, this property represents a rare entry-level opportunity for a detached single-family home in the Bay Area market.
- Optimal Layout
The 3-bedroom, 2-bathroom configuration is highly desirable for small families and provides a functional floor plan that maximizes the 1,078 square feet of living space.
- Proximity to Elementary School
Located just 0.25 miles from Nystrom Elementary, the property offers excellent walkability for families with young children.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned middle and high schools have low academic ratings (1 and 2 respectively), which may affect long-term appreciation and appeal to certain buyer demographics.
- Potential for Deferred Maintenance
Given the 1963 construction and the aggressive price point, the property likely requires significant capital investment for modern updates and repairs.
About 510 Maine Ave
Spacious 3 bedroom, 2 bath home situated on a large 5,000 sq foot lot. The living and family rooms flow beautifully into the kitchen and dining areas, creating a highly functional hub for daily life. Additional highlights include a newly installed, direct-entry roll-up garage door and an expansive backyard that offers incredible potential for a personal oasis. Lots of potential here.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Nystrom Elementary School
Grades K-6 • 0.3 mi
3/10
Lovonya Dejean Middle School
Grades 7-8 • 1.6 mi
1/10
Kennedy High School
Grades 9-12 • 1.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 1.7 |
| Square foot | 1,078 | 1,182.264 |
| Lot Size | 5,000 | 5,000 |
| Price | $334.9K | $667.7K |
| Price per sq ft | $311 | $537 |
| Built year | 1963 | 1947 |
| HOA | $0 | $152 |
| Days on market | 108 | 39 |
Pricing History
Listed for Sale
Oct 17, 2026
$334,900
$340,000
-1% Price Drop
Initial Listing
Price Change
Jul 10, 2026
$340,000
$299,950
+13% Price Increase
Initial Listing
Price Change
Jul 8, 2026
$299,950
Initial Listing