5101 Tehama Ave, Richmond, California 94804, Richmond, 94804 - 3 bed, 1 bath
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Richmond, California 94804
This Single Family Residence is a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $577,551 Fair Market Value by 3%. Featuring a Condition Rating of 4, the home offers a functional layout with recent cosmetic updates, including fresh paint and laminate flooring. The 5,357 sq ft corner lot with a brick patio provides significant outdoor utility. While the bathroom count is limited, the property serves as a strategic asset for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point near major commuter routes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5101 Tehama Ave Subject | $599,000* List Price | 3 | 1 | 1,050 | $550 | - |
A 1331 Carlson Blvd Sold | $560,000 | 2 | 1 | 998 | $561 | 0.3 mi |
B 1673 Butte St Sold | $750,000 | 2 | 1 | 1,049 | $715 | 0.4 mi |
C 800 S 45th St Sold | $435,000 | 3 | 1 | 894 | $487 | 0.9 mi |
D 1342 S 57th St Sold | $650,000 | 2 | 1 | 993 | $655 | 0.4 mi |
E 5526 Carl Ave Active | $549,950 List Price | 2 | 1 | 984 | $559 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, the home is well-maintained with recent cosmetic improvements like fresh paint, laminate flooring, and dual-pane windows. However, the kitchen and bathroom feature finishes (oak cabinetry and vintage green tile) that appear to be over 20 years old, making the core areas functional but dated and in need of eventual modernization.
The property features a spacious 5,357 sq ft corner lot with a brick patio and refreshed landscaping, offering excellent indoor-outdoor flow for entertaining.
Ideally situated near I-80 and I-580 with close proximity to major retail hubs like Costco and Ranch 99, ensuring a highly convenient lifestyle for professionals.
Recent updates including fresh exterior paint, dual-pane windows, and laminate flooring provide a move-in-ready experience and immediate value for first-time buyers.
With three bedrooms but only one bathroom, the home may present functional challenges for larger households and could impact long-term resale value.
The nearest elementary school carries a low rating, which may be a significant drawback for families prioritizing high-performing educational districts.
5101 Tehama Avenue offers an affordable entry point into Richmond's Southwest Panhandle Annex, a working-class pocket where neighbors take pride in their homes. This 3-bedroom, 1-bath home sits on a 5,357± sq ft* corner lot and features fresh exterior paint and newly** refreshed landscaping front and back. Dual-pane windows and laminate flooring run throughout. The backyard is the standout: a brick patio, a raised garden bed with new plants**, and direct access from the dining room for easy indoor/outdoor living. A detached garage at the rear offers real workshop potential.*** Just minutes to Costco, Ranch 99, & both I-80 and I-580 for an easy commute. A great fit for a first-time buyer who may or may not want to take on updates, or an investor eyeing a short or long-term rental.**** *Per public record. **Landscaping performed June/July 2026. ***Buyer to verify use of space. Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information nor that these spaces are or may be made into legally habitable spaces. ****Buyer must conduct their own investigation with the City of Richmond and Contra Costa County and appropriate professionals, and rely solely on that investigation. Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information, nor do they guarantee any short-term, or increase in future long-term rental income.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 1,050 | 1,157 |
| Lot Size | 5,400 | 5,000 |
| Price | $599.0K | $681.0K |
| Price per sq ft | $570 | $503 |
| Built year | 1942 | 1943 |
| HOA | $0 | $125 |
| Days on market | 15 | 40 |
Jul 8, 2026
$599,000
Initial Listing
Feb 5, 2015
$325,000
Public Record
Jun 30, 2010
$172,000
Public Record
Feb 10, 2010
$140,000
Public Record
Jan 19, 2006
$197,000
Public Record
Jan 16, 2004
$307,500
Public Record