5237 Fresno Ave, Richmond, California 94804, Richmond, 94804 - 4 bed, 3 bath
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5237 Fresno Ave
Richmond, California 94804
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,554Sq Ft
5,000Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$690,137
SUMMARY
This Richmond Annex Single Family Residence is a Strong Value Opportunity, listed at $740,000—positioned well below the $764,629 Fair Market Value by 3%. This valuation gap offers $24,629 in Instant Equity. Featuring a Condition Rating of 3, the home includes a modernized kitchen and a functional covered deck with partial skyline views. Its 4-bedroom, 3-bath layout provides high utility for commuters. This is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing transit access.
Estimated Market Value
$690,137
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 |
|---|---|---|---|---|---|---|
★ 5237 Fresno Ave Subject 4 bd · 3 ba · 1,554 sqft · $444 | $699,000* List Price | 4 | 3 | 1,554 | $444 | - |
A 5104 Tehama Ave Sold 4 bd · 2 ba · 1,520 sqft · $453 · 0.5 mi | $688,000 | 4 | 2 | 1,520 | $453 | 0.5 mi |
B 2308 San Mateo St Sold 3 bd · 2 ba · 1,548 sqft · $573 · 0.2 mi | $887,000 | 3 | 2 | 1,548 | $573 | 0.2 mi |
C 1516 1516 Oscar St Sold 3 bd · 2 ba · 1,936 sqft · $363 · 0.6 mi | $702,000 | 3 | 2 | 1,936 | $363 | 0.6 mi |
D 1416 1416 Mariposa St Sold 3 bd · 3 ba · 1,225 sqft · $455 · 0.7 mi | $557,000 | 3 | 3 | 1,225 | $455 | 0.7 mi |
E 1331 Carlson Blvd Sold 2 bd · 1 ba · 998 sqft · $561 · 0.8 mi | $560,000 | 2 | 1 | 998 | $561 | 0.8 mi |
F 1327 Mariposa St Active 3 bd · 2 ba · 1,754 sqft · $391 · 0.8 mi | $685,000 List Price | 3 | 2 | 1,754 | $391 | 0.8 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 1940, the property has undergone significant interior renovations likely within the last 10 years. Images show updated laminate flooring, recessed lighting, crown molding, and a modernized kitchen with a stainless steel range hood and stone countertops. The presence of vinyl windows and a functional covered deck indicates consistent maintenance, making it move-in ready despite the age of the structure.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Situated in the highly desirable Richmond Annex, this property offers exceptional access to major freeways and public transit, providing a seamless commute to San Francisco and the greater Bay Area.
- High Utility Layout
Featuring 4 bedrooms and 3 bathrooms within 1,554 square feet, the home provides a versatile and spacious floor plan that accommodates large families or work-from-home needs.
- Proximity to Retail Hubs
The home is located just minutes from El Cerrito Plaza, offering residents immediate access to a diverse range of shopping, dining, and essential amenities.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1940, the property may require significant capital investment to modernize aging electrical, plumbing, or structural systems to meet current building codes.
- Listing Discrepancies
There is a notable discrepancy between the listing description (2 baths) and the data field (3 baths), which may indicate unpermitted additions or require further due diligence regarding property records.
About 5237 Fresno Ave
Welcome to this charming 4-bedroom, 2-bath home located in the highly desirable Richmond Annex neighborhood. Ideally situated for commuters andeveryday convenience, this property offers easy access to major freeways, making travel throughout the Bay Area a breeze. Enjoy being just minutes fromEl Cerrito Plaza, with its wide variety of shopping, dining, and everyday amenities. Numerous retail centers, grocery stores, cafes, and local services are also nearby. Public transportation options are readily accessible, providing convenient connections to surrounding communities and employment centers. With spacious living areas, four comfortable bedrooms, and two full bathrooms, this home offers flexibility for a variety of lifestyles. Whether you're looking for convenience, accessibility, or a central location close to shopping and transit, this Richmond Annex property presents an excellent opportunity to enjoy all that this vibrant neighborhood has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 5,000 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 | 1,554 | 1,182.264 |
| Lot Size | 5,000 | 5,000 |
| Price | $699.0K | $667.7K |
| Price per sq ft | $450 | $537 |
| Built year | 1940 | 1947 |
| HOA | $0 | $152 |
| Days on market | 53 | 39 |
Pricing History
Listed for Sale
Sep 24, 2026
$699,000
$740,000
-6% Price Drop
Initial Listing
Price Change
Sep 1, 2026
$740,000
Initial Listing
Sold
Sep 10, 2015
$460,000
Public Record
Sold
Apr 15, 2015
$315,000
Public Record
Sold
May 12, 2005
$450,000
Public Record